Sui’s native token, SUI, is capturing attention this week as it surges amidst a broader crypto market rally. The token has drawn substantial investor interest, recording $11.7 million in inflows last week, according to CoinShares. This figure is notably higher than Ethereum’s $1.5 million inflows and even surpasses Solana, which saw $3.4 million in outflows during the same period. Year-to-date, SUI has amassed $84 million in inflows, eclipsing Solana’s $76 million. Currently trading at $4.15, SUI has gained 4.71% on the day, supported by a bullish structure that suggests further upside potential.
Crypto investment products saw $882M in inflows last week, the fourth week in a row.$BTC led with $867M, while U.S. ETFs hit a record $62.9B in total net inflows.@SuiNetwork ( $SUI ) attracted $11.7M and now leads $SOL in YTD flows: $84M vs $76M. pic.twitter.com/xJ7Ilqgvpy
— Satoshi Club (@esatoshiclub) May 12, 2025
SUI Targets Key Resistance Levels Amid Bullish Momentum
Technicals indicate a strong bullish trend for SUI. After reclaiming the 0.618 Fibonacci level at $4.23, the token is eyeing the next resistance at $4.57 and potentially $4.97, the local high. If momentum continues, a test of the all-time high at $5.35 could be within reach.
The RSI currently hovers at 72, suggesting overbought conditions but also highlighting strong buying pressure. Meanwhile, the MACD remains in bullish territory, with rising histogram bars indicating increasing momentum. Traders are now closely monitoring the $4.20 level for a decisive breakout.
Also Read: SUI Price Rally: Is a $40 Million Inflow Signaling a Potential Selloff?
‘The Great Sui Odyssey #5’ Fuels Further Hype
Adding to the bullish sentiment is “The Great Sui Odyssey #5,” set to take place on May 17 in Vietnam. This event will showcase SUI’s growing role in AI, gaming, and DeFi, emphasizing its scalable blockchain infrastructure and advanced developer tools.
With a focus on high-throughput decentralized applications and large language model integration, SUI is positioning itself as a key player in the next wave of blockchain innovation. As investor interest surges and momentum builds, SUI’s breakout potential remains strong, with the $5.35 level now firmly in sight.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
