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SUI Price Gives A Massive 25% Breakout As Nasdaq Firms Stake Over 100 Million SUI Tokens

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SUI Price Gives A Massive 25% Breakout As Nasdaq Firms Stake Over 100 Million SUI Tokens

SUI token rallied sharply this week as traders responded to rising staking activity, expanding ecosystem partnerships, and growing institutional exposure. The token climbed to an intraday high of $1.40 before pulling back slightly during late trading hours.

The rally pushed SUI’s market capitalization above $5 billion while daily trading volume jumped more than 320% to over $3 billion. Market participants linked the breakout to supply tightening after a Nasdaq-listed company reportedly moved over 100 million SUI into long-term staking.

SUI Price Rally Gains Momentum on Staking Demand

SUI price gained more than 25% in the last 24 hours and extended its weekly advance above 40%. The move followed reports that 108.7 million SUI tokens entered long-term staking.

According to Santiment data, the staked amount represented roughly 2.7% of the circulating supply. Traders viewed the development as a bullish supply shock because fewer tokens remained available on exchanges.

Crypto analyst MIRZA said the staking activity reflected rising confidence around the Sui ecosystem. He also pointed to broader adoption trends rather than speculative momentum.

The analyst noted that the Sui ecosystem recently partnered with Nigerian fintech company Paga. The collaboration aims to expand tokenized asset access across millions of users and applications.

MIRZA also highlighted that a spot SUI exchange-traded fund already trades on Nasdaq. He described the combination of staking growth, institutional exposure, and fintech expansion as evidence of growing real-world adoption.

SUI Price Prediction, Expert Sees Rally to $5

Market experts/analysts are bullish on SUI’s price continuing to rise. Crypto Patel shared a bullish outlook on Sui, stating that the token has already gained 75% from his last identified entry zone.

SUI price upside potential | Source: Crypto Patel
SUI price upside potential | Source: Crypto Patel

The analyst said SUI continues to show strong accumulation patterns. He believes that SUI token is preparing for a larger breakout despite limited broader market attention.

Crypto Patel identified the $0.60 to $1 range as the key accumulation zone. However, he mentioned long term upside targets of $5, $10, and potentially $20.

Another analyst, Alpha Crypto Signals, said Sui has successfully broken out above the upper boundary of a long monitored ascending channel pattern.

SUI price breakout | Source: TradingView
SUI price breakout | Source: TradingView

According to the analysis, SUI maintained a strong bullish structure with consistently higher highs and higher lows before confirming the breakout. Thus, the analyst stated that the momentum indicators continue to signal bullish strength with no major signs of exhaustion yet.

Key SUI Token Levels for Investors to Watch

Following the rally to the intraday high of $1.4, the SUI token price is seeing some retracement and is currently trading at $1.29. Market observers noted that the token’s relative strength index had climbed to 84.

This highlights some overbought conditions, which increase the chances of a short-term cooldown. However, veteran investor Peter Brendt believes that SUI price can see substantial upside from here.

SUI/USD price chart. Source: X

The broader crypto market also experienced weakness, with approximately $680 million reportedly rotating out of Bitcoin and Ethereum into stablecoins. Despite the decline, analysts said the broader bullish structure for SUI remains intact.

Even so, analysts argued the broader SUI structure remains bullish. MIRZA stated that sharp pullbacks often occur during strong uptrends and do not necessarily invalidate bullish momentum.

Traders are now closely watching the $1.07 to $1.10 range as the key support zone. Holding above that area may determine whether SUI can attempt another breakout leg in the coming sessions.

Bhushan Akolkar
Written by
Cryptocurrency Journalist

Bhushan is a FinTech enthusiast and holds a good flair for understanding financial markets. His interest in economics and finance draws his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In his free time, he reads thriller fiction novels and sometimes explores his culinary skills.

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About this article

PublishedMay 11, 2026 3:23 pm
Last updatedMay 11, 2026 6:29 pm
Written byBhushan Akolkar, Cryptocurrency Journalist
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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