SUI token steadies near $0.74 as resistance test and Paga partnership shape outlook

SUI is trading around $0.74, down about 86 % from its $5.35 all‑time high in January 2025. Technical analysis places key support at $0.65 and a resistance band between $0.73 and $0.78. Indicators such as MACD, histogram and RSI suggest buyers remain active but the market is cautious; a breach above $0.78 could open further resistance zones at $0.95‑$1.20 and later at $1.38‑$1.73.

A recent live test on the Sui main‑net recorded transaction speeds exceeding 6 million TPS, far above the earlier 2.5 million TPS benchmark, reinforcing confidence in the layer‑1 network’s scalability.

The Sui Foundation announced a partnership with African mobile‑payment provider Paga to issue tokenised real‑world assets on the Sui blockchain. In parallel, CME Group listed SUI futures, making SUI the fourth layer‑1 digital asset to enter regulated derivatives markets, while three staking ETFs now trade on US exchanges.

Monthly token unlocks are releasing roughly 13‑14 million new SUI coins, adding supply pressure. Analysts note that price recovery will depend on whether demand can absorb this influx. Forecasts range from a near‑term dip to $0.59 to potential rebounds toward $0.80 or higher if adoption gains momentum.