$SUI is trying to hold its ground after a rough pullback, and the latest $SUI price prediction now hinges on a tug-of-war between steady institutional buying and stubborn technical resistance. The token slipped to $0.7874 after failing to clear $0.84, trading close to its $0.7855 daily low, even as exchange-traded funds kept adding to their $SUI holdings for a twelfth straight week. That contrast — quiet accumulation on one side, a stalled chart on the other — is exactly why traders are paying closer attention to $SUI right now.

Key takeaways

  • $SUI ETFs have logged 12 consecutive weeks of non-negative flows, according to analyst Ali Martinez, accumulating more than 9.3 million tokens since June.
  • $SUI price fell to $0.7874 after failing near $0.84, trading close to a $0.7855 daily low, with $0.83 flagged as the next breakout test.
  • Sui’s network processed over 8.5 million transactions on August 22, a fresh 90-day high.
  • Phantom will end Sui wallet support on September 24, 2026, though on-chain assets stay accessible through other wallets.
  • Sui’s DeFi value sits near $469 million, about 82% below its $2.58 billion peak.

$SUI’s Sustained Institutional ETF Accumulation

$SUI-linked exchange-traded funds have not posted a single week of net outflows in three months, a streak that analyst Ali Martinez flagged as unusually consistent for a mid-cap crypto asset. Since June, those funds have added more than 9.3 million $SUI tokens to their holdings, based on a Glassnode chart Martinez shared, which points to a slow but persistent institutional appetite even as the spot price struggles to break higher.

Weekly Flow Pattern Shows Uneven Momentum

The buying hasn’t been evenly paced. The first weekly bar in the 12-week run topped 2.5 million $SUI, and another spike near late July reached roughly 1.8 million tokens. Most other weeks brought in smaller amounts, typically between 250,000 and one million $SUI, while two weekly readings — including the most recent one around August 15 — came in close to zero. That unevenness matters: it suggests the accumulation trend is real but far from aggressive, which tempers how much weight traders should put on ETF demand alone when building a $SUI price prediction for the coming weeks.

The broader ETF market told a similar story of selective interest around the same period. SoSoValue data from August 24 showed Bitcoin funds pulling in $337.56 million and Ethereum funds adding $115.57 million, while Solana attracted $33.49 million, XRP brought in $13.82 million, and HYPE saw $5.74 million. $SUI’s own accumulation, while smaller in dollar terms, fits into that wider pattern of institutional money still finding its way into crypto markets despite choppy price action.

Recent Price Movement and Technical Analysis

$SUI remains stuck below a key technical ceiling even as buyers keep testing higher levels. The token’s failed push toward $0.84 sent it back down to $0.7874, landing near its $0.7855 daily low before finding some footing. CoinGecko data recorded an intraday high of $0.8403 before $SUI slipped back beneath that breakout zone.

Commentary from Altcoin Buzz on Monday noted that buyers were returning to the market, pointing to a rising on-balance volume, strengthening MACD momentum, and an RSI reading with room left to climb. Still, the outlet stopped short of calling it a confirmed breakout, and for good reason.

Key Support and Resistance Levels

$SUI continues trading below its 200-day EMA, which Altcoin Buzz described as the primary obstacle standing between the token and a genuine trend reversal. The outlet placed $0.83 as the first meaningful price test on the way up — a level that would need a sustained break to strengthen the case for further gains. CoinGecko, meanwhile, marked immediate support between $0.7855 and $0.79, warning that a drop below that band could expose $0.78. Before $SUI even approaches $0.83, buyers would first need to reclaim $0.80 and $0.81. That layered resistance is a reminder that any near-term $SUI price prediction still depends heavily on whether momentum can clear those intermediate hurdles rather than jumping straight to a breakout scenario.

Despite the choppy chart, $SUI’s broader short-term trend has stayed positive. CoinGecko figures showed the token up 23.3% over the past week, 15.9% over 14 days, and 11.8% across the month — gains that suggest the pullback near $0.84 is more of a pause than a reversal, at least for now.

Sui Network Activity and DeFi Landscape

Usage on the Sui network hit its strongest point in three months just days before the price stalled. On Saturday, August 22, Sui processed more than 8.5 million transactions, a new 90-day high that arrived alongside the broader market recovery. That surge in on-chain activity offers a counterpoint to the network’s more troubled DeFi picture.

DeFi Value Continues to Shrink

Sui’s decentralized finance sector tells a less encouraging story. DefiLlama placed the network’s total DeFi value near $469 million, which sits roughly 82% below its previous peak of $2.58 billion. That decline, combined with several network outages over the past year, raises questions about how much of Sui’s transaction growth is translating into lasting financial activity versus simple throughput. It’s a gap worth watching: high transaction counts look good on a chart, but they don’t automatically mean deeper capital commitment from DeFi users.

Phantom Wallet Support End for Sui

Wallet access to Sui is about to change for a large slice of everyday users. Phantom has scheduled the end of its Sui support for September 24, 2026, a move the wallet provider and Sui described as a mutual decision. The cutoff arrives roughly 20 months after Phantom first added Sui in January 2025.

A Pattern of Network Exits

Once the deadline hits, Phantom users will lose the ability to view Sui balances, send transactions, swap assets, or connect to Sui applications through the wallet. Importantly, none of those holdings disappear — assets stay on-chain and remain reachable through other Sui-compatible wallets. Sui is actually Phantom’s second network exit in short order. The wallet also ended support for Monad this week, a network that had launched its mainnet less than a year earlier, after announcing that decision back in July. Two sunsets in close succession hint at a broader recalibration inside Phantom about which chains are worth ongoing maintenance, a dynamic that could shape which networks major wallets choose to prioritize going forward.

FAQ

What recent trend is observed in $SUI’s institutional ETF flows?

$SUI has experienced 12 consecutive weeks of non-negative ETF flows, accumulating over 9.3 million tokens since June, according to analyst Ali Martinez.

How has $SUI’s price performed recently and what are key technical levels to watch?

$SUI price fell to around $0.7874 after failing near $0.84, trading below its 200-day EMA. The $0.83 level is identified as a key breakout test, with support sitting between $0.7855 and $0.79.

What changes will Phantom’s wallet support cessation bring for $SUI users?

Phantom will end Sui wallet support on September 24, 2026. After that, users will lose Phantom access to Sui balances and transactions, but their assets remain on-chain and accessible through other Sui wallets.

What is the current status of $SUI’s network activity and DeFi value?

Sui’s network activity reached a 90-day peak with over 8.5 million transactions on August 22, while its DeFi value has declined by about 82% from a $2.58 billion peak to near $469 million.

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.