SUI Price Prediction as Institutional Buying Extends for 12 Weeks

Key Insights:

• The SUI price prediction follows 12 straight weeks of positive ETF net flows.
• Ali Martinez reported 12 straight weeks of positive SUI ETF net flows.
• Sui processed over 8.5 million transactions, reaching a new 90-day high.

Today’s SUI price prediction follows a pullback, ETF accumulation, and network activity. SUI fell to $0.7874 after failing near $0.84, trading close to its $0.7855 daily low. Meanwhile, analyst Ali Martinez reported 12 consecutive weeks of non-negative SUI ETF flows.

The products accumulated more than 9.30 million tokens since June. Phantom scheduled the end of Sui support for September 24. SUI’s price prediction precedes broader short-term gains. CoinGecko data showed increases of 23.3% weekly, 15.9% over 14 days, and 11.8% monthly.

ETF Demand Coincides With Transaction Record

According to Martinez, a Glassnode chart tracked positive SUI ETF accumulation throughout the 12-week period. The first weekly bar exceeded 2.5 million SUI. Another spike reached roughly 1.8 million tokens in late July. Most other weeks added between 250,000 and one million SUI.

Nevertheless, the buying pace varied across the period. Two weekly bars sat close to zero, including the latest reading near August 15.

Meanwhile, on-chain data showed that Sui processed more than 8.5 million transactions on Saturday, August 22. That total marked a new 90-day high for network transactions following the market recovery.

Broader ETF data showed inflows across several crypto assets on August 24. SoSoValue recorded $337.56 million for Bitcoin and $115.57 million for Ethereum. Solana added $33.49 million, while XRP received $13.82 million and HYPE attracted $5.74 million.

SUI Price Prediction Tracks the $0.83 Test

Against that backdrop, Altcoin Buzz said buyers were returning, although SUI had not confirmed a breakout in a Monday X post. The outlet pointed to rising OBV, strengthening MACD momentum, and an RSI with additional room to advance.

However, SUI continued trading below its 200-day EMA, which Altcoin Buzz identified as the main technical obstacle. The outlet placed $0.83 as the first important price test. According to his analysis, a sustained break above that level would strengthen the breakout case.

Meanwhile, CoinGecko placed immediate support between $0.7855 and $0.79. A break below that area could expose $0.78. Buyers must first reclaim $0.80 and $0.81 before testing $0.83. CoinGecko recorded a $0.8403 intraday high before SUI returned below the breakout level.

Phantom Sets September Deadline for Sui

However, wallet access will change when Phantom ends Sui support on September 24. Phantom and Sui described the move as a mutual decision. The deadline comes about 20 months after Phantom added the network in January 2025.

Afterward, users cannot view Sui balances, send transactions, swap assets, or connect with Sui applications through Phantom. Their assets will stay on-chain and remain accessible through other Sui wallets.

Additionally, Sui represents Phantom’s second recent network sunset after Monad. Phantom scheduled Monad support to end Wednesday after announcing the change in July. Monad launched its mainnet less than one year earlier.

Notably, activity in Sui’s decentralized finance sector has slowed. DefiLlama placed Sui’s decentralized finance value near $469 million. That amount stood about 82% below the previous $2.58 billion peak. Sui also experienced several network outages during the past year.

The post SUI Price Prediction as Institutional Buying Extends for 12 Weeks appeared first on The Coin Republic.