TLDR:
- Sui price breaks out of consolidation, holding $3.00–$3.50 support for a potential rally.
- Mill City Ventures buys $450M in SUI, one of the largest institutional crypto purchases.
- Analysts eye $5.50–$6.00 as near-term targets, with $10–$15 in longer-term projections.
- Rising volume and strong technicals reinforce Sui’s breakout as market momentum builds.
Sui is stepping out of the shadows. A major breakout is turning heads, and now institutional money is coming in fast. Traders are watching closely as SUI moves from a quiet contender to a serious market force.
A $450 million buy from a Nasdaq-listed firm has added fuel to the rally. With prices holding steady, the market is lining up for what could be Sui’s biggest run yet.
SUI Price Breakout Confirms Bullish Setup
Crypto analyst RJT. WAGMI highlighted Sui’s breakout on the 4-hour chart. The token broke through a descending trendline, ending weeks of consolidation. He noted a clean structure with support between $3.00 and $3.50 and an active retest near $4.00.
SUI feels like the next big solution in crypto.
It’s not hype — it’s progress.
I’ve added it to my portfolio and I’m aiming for $10–$15 this run.
Still early, still underrated.$SUI has the potential to lead this cycle. pic.twitter.com/IKcERH27rS
— RJT. WAGMI (@RJTTheOG) July 31, 2025
If buyers hold this zone, the next target sits at $5.50 to $6.00. A sustained move could open the path toward $10 to $15, aligning with RJT’s longer-term view. Failure to stay above $3.00, however, would weaken the setup.
Cointelegraph’s Markets & Research team reported that Mill City Ventures committed $450 million to acquire SUI as its primary treasury asset. The deal included backing from Karatage, Galaxy Digital, and the Sui Foundation.
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SUI to $10?
Crypto analyst @Crypto_Rand sees 150% upside for $SUI after a key breakout.
Now add a $450M institutional buy to the mix.
This layer-1 just went from underdog to serious contender.
— Cointelegraph Markets & Research (@CointelegraphMT) July 31, 2025
This is one of the largest token allocations ever by a public company. It signals that Sui is being treated as a serious asset by traditional finance, not just another speculative trade.
Momentum Builds Across the Market
According to Cointelegraph Markets & Research, other analysts see 150 percent upside after Sui’s confirmed breakout. They point to a strong technical base supported by rising volume and bullish momentum indicators.
Price data from CoinGecko shows Sui trading at $3.88, up 4.81 percent in 24 hours and 5.61 percent in the past week. With support holding near $3.30 to $3.70, traders are watching for the next big move.
The mix of bullish charts and institutional buying is creating a powerful setup. If Sui keeps its trend intact, the $6 to $10 range could come into play faster than expected.
For now, all eyes remain on whether the market can push through resistance and confirm this rally’s next phase. Sui’s breakout has already changed the conversation. Now the question is how far it can run.
The post Why SUI Price Could Rally to $10 and Beyond This Cycle appeared first on Blockonomi.
Source: https://blockonomi.com/why-sui-price-could-rally-to-10-and-beyond-this-cycle/