SUI rises 17% in 24 hours, hitting a two-month high; institutions are now deploying spot ETFs

2026-01-07 04:40:09

Abstract generation in progress

【Crypto World】SUI has been performing well recently. After the privacy feature research was released, this coin surged by 17% within 24 hours, reaching around $1.90 and hitting a two-month high.

From on-chain data, activity has clearly increased—trading volume skyrocketed to $967.43 million, a level not seen since early December. This indicates that market attention has indeed returned.

The technical aspect is also interesting. Chart patterns show that SUI is approaching a breakout point of a descending wedge. If it successfully breaks out, the next target could be around $2.70.

In terms of institutional movements, asset management firms like Bitwise are pushing for the listing of a spot SUI ETF. Once launched, such products often attract new capital flows. So behind this rally, there is both technical support and fundamental driving forces.

SUI-0,8%

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MerkleDreamer

· 01-10 04:07

Sui this wave really has some substance. As soon as the privacy feature was released, it jumped to 17%, and the trading volume is almost hitting the ceiling. If institutional ETFs really arrive, this will be the true starting point... feels like it's just getting started.

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InscriptionGriller

· 01-09 01:12

Oops, SUI is once again being targeted by institutions, ETF is about to cut the fresh leek It's the old routine of breaking out of a descending wedge, how did $2.70 become the "next target," just drawing pie in the sky here Research on privacy features, honestly, is just bait for retail investors When activity heats up, it heats up—don't take the trading volume of pump-and-dump schemes seriously Bitwise is pushing a spot ETF? Oh, the signal that institutions are entering to harvest Wait, is this increase real or just funds hyping themselves up? Never mind, we won't take the final step anyway

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InfraVibes

· 01-07 05:10

Oh my, SUI is about to take off? Jumping 17% in a day, completely caught me off guard.

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MetaverseHermit

· 01-07 05:03

Wow, SUI really has something this time, skyrocketing by 17% directly.

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ChainChef

· 01-07 05:00

ngl the recipe's finally coming together... 967m in volume is that rare ingredient you've been waiting for. wedge breakout cooking up nicely, if this simmers right we're looking at 2.70 easy

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SerumDegen

· 01-07 04:54

nah watch out for the classic rug pattern here - volume spike + wedge breakout + etf hopium = institutional exit liquidity waiting to happen. seen this cascade too many times. but yeah if it holds 2.70 i'll admit the alpha wasn't completely cooked

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