SUI price holds above $0.80 signaling possible continuation of upward momentum
The post SUI price holds above $0.80 signaling possible continuation of upward momentum appeared on BitcoinEthereumNews.com.
Key Insights: The token trades at $0.93, holding above $0.80 support despite a 3.72% daily price decline. Grayscale’s GSUI ETF launches on NYSE Arca, offering SUI exposure and integrated staking rewards. Analysts cite historical trendline rebounds as asset maintains support and strong 24-hour trading volume. The asset price holds above $0.80 signaling possible continuation of upward momentum SUI price remains above the key $0.80 level, and market data shows steady activity around the token. Traders are watching the trend as Grayscale prepares to launch its Sui Staking ETF on NYSE Arca. Recent price action and new investment products have placed the token in focus. Price Holds Above $0.80 Support The token is trading at $0.932171, according to live market data. The token recorded a 24-hour trading volume of $426,441,283. It deeped 3.72% over the past day, yet it remains above the $0.80 level. Market analyst Ali Charts stated that the token is bouncing off a trendline that previously triggered major bull rallies. The analyst added that “As long as $0.80 holds, history suggests upside could follow.” Traders are tracking this support level closely. Price charts show that earlier rebounds started near this range. Technical traders often monitor repeated support zones. The $0.80 mark has also been acting as a floor in past cycles. Grayscale Sui Staking ETF Set to Launch Moreover, Grayscale Investments announced that its Grayscale Sui Staking ETF will begin trading on NYSE Arca. The ETF trades under the ticker GSUI. The product offers exposure to the token and includes potential staking rewards. This fund provides regulated access to the token through traditional markets. The GSUI ETF offers a new way for investors to access the token while earning staking rewards. The launch of this ETF may increase visibility and participation in the asset trading, adding another option…
Filed under: News - @ February 19, 2026 12:26 am