SUI cryptocurrency climbs 3.2% as on‑chain perpetual futures launch on Yellow Pro
The SUI token increased 3.21% over the past 24 hours, trading at $0.7366 with a 24‑hour volume of $311.6 million and a market capitalization of $2.98 billion. Analysts note that despite market volatility the token’s higher‑timeframe structure remains resilient, keeping a long‑term price target of $9 in view, with key resistance levels at $2.80 and $4.50.
Yellow Pro has introduced fully on‑chain SUI perpetual futures, expanding the decentralized derivatives market within the SUI ecosystem. The platform emphasizes transparent order execution, immediate clearing and settlement, and faster trade times without central intermediaries. Short‑term support around $0.70 is considered critical for sustaining further upward momentum.