SUI Price Nears $4 Hurdle as Network Growth & New Listing Fuels Optimism
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The post SUI Price Nears $4 Hurdle as Network Growth & New Listing Fuels Optimism appeared first on Coinpedia Fintech News The SUI price has once again approached the $4 resistance zone, after rebounding from August lows. Its recent strength is fueled not only by technical recovery but also by a wave of ecosystem growth, exchange listings, and institutional interest. SUI Price Chart Signals Strong Resistance Test Looking at the SUI price chart, the token has made a consistent recovery by building a structure of higher lows from the $2.40 range in June. At present, the SUI price today is trading near $3.93 after briefly spiking to $4.18. This intraday jump represented a 9% surge, which was largely fueled by the latest breaking news of a new major exchange listing. Technically, momentum has built strongly, and if bulls successfully break through the $4 ceiling with convincing volume, then the next upside targets appear near $4.46 to $4.50. In this range, nearly 175 billion leveraged positions are present, according to Coinglass data. In the short term, this cluster could act as a magnet for SUI/USD, and if bulls’ demand increases, then a short squeeze could even open the door for the token to revisit January 2025’s highs. On the downside, the fact remains that $4 supply has acted very strongly, which has capped SUI’s momentum observed in the past quarter also. If global sell-off sentiment reawakens, then in that case, failure to hold above $4 may result in a pullback toward $3.30 or even $3.00. DeFi and Institutional Growth Strengthen Fundamentals Apart from price action, August has been particularly notable for the SUI Network’s DeFi ecosystem. Per the data from the defiLlama platform, the Total value locked (TVL) has surged magnificently and reached an all-time high of $2.29 billion in late…
Filed under: News - @ August 14, 2025 3:31 pm