Sui Network 2-hour chart seems to be bringing SUI crypto price toward its breakdown level near $2.50 following the formation of a reversal pattern in the form of an inverse head and shoulders.
The left shoulder appeared at $2.25 while the price action at the inverted head section reached $1.90, followed by the right shoulder price positioning at $2.27.
The neckline, which acted as resistance, was between $2.40 and $2.45.
Price action data showed powerful upward movement as the market made a direct migration toward the neckline area.
Following a valid break above $2.50, the price of SUI crypto may begin a significant upward move.
It could reach up to $3.00 while testing $2.70 along the way according to previous price patterns.
A rising trading volume during an upward breakout would enhance the validity of continuous uptrend.
In case the price stays below $2.50, the stock could potentially reject current levels by retesting $2.30 and possibly dropping to $2.20 or $2.10 before buyers appear.
The bullish pattern would become ineffective if the price drops below $2.05 making bears take control of the market direction.
The continued bullishness of SUI’s structure depends on investors breaking above $2.50.
SUI crypto will see a major price increase when support levels form from previous resistance and volume remains high.
Stablecoin Boom Drives Growth
The stablecoin supply on SUI achieved its highest market value so far at $653.312 Million which was an expansion of 39.54% since January 2025.
FDUSD experienced explosively increasing user adoption in 2025 as its value scaled up by 900% while additional stablecoins within the market gained traction.
The six stablecoins consist of AUSD totaling $35 Million and BUCK amounting to $35 Million alongside USDY at $10 Million.
FDUSD stands around $180 Million with additional USDC about $350 Million alongside USDT worth $10 Million.
The total SUI ecosystem value reached $653 Million from this combination denoting the diversification of the network in supplying stablecoins from other chains.
The growth of FDUSD alongside stablecoin expansion strengthens SUI’s DeFi activity increasing liquidity leading to market value gains.
However holders experience volatility because they need time to adjust to fast price changes.
Will Canary Capital’s SUI ETF Filing Spark Interest in Sui Network
Lastly, Canary Capital filed their submission to the U.S. Securities and Exchange Commission (SEC) regarding a SUI-based exchange-traded fund (ETF) at the beginning of 2025 which signified growing institutional interest in Sui Network.
The submission 2025 included a proposal to offer regulated exposure of SUI tokens to both institutional investors and retail clients.
The ecosystem stands to advance significantly because the SEC approval would represent a major development after establishing a partnership with Trump-backed World Liberty Financial.
Delaware trust registration took place before the subsequent filing. SEC approval of the proposal has met obstacles due to demanding regulations and unpredictable market conditions.
Asset managers are adopting this strategy as part of their wider push to offer altcoin investments due to changing regulatory conditions.
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