#SUI Price News & Insights Today 30-1-2026 - Elliott Wave and technical analysis of #SUI, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
SUI is currently trading at $1.28, reflecting a decline of approximately 5.34% to 7.37% over the last 24 hours amid broader market volatility. Despite the recent dip, the ecosystem is seeing significant institutional momentum, highlighted by Grayscale's recent filing for a Sui ETF on January 28, 2026.
Buy SUI >>
Market Performance & Analysis
-Current Standing: SUI is trading near a critical support zone of $1.24–$1.27. Technical indicators show an oversold RSI, which some analysts believe could signal a potential bounce toward $1.47 in the short term.
-Market Metrics: The circulating supply is approximately 3.79 billion SUI (38% of the total 10 billion supply), with a market capitalization of roughly $5.46 billion.
-Volume Surge: Trading volume remains high, recently recording a daily volume of over $575 million. A zero-fee strategy on major exchanges like MEXC has contributed to deep spot liquidity.
Key Ecosystem Developments
-Institutional Adoption: Beyond the Grayscale Sui ETF filing, other firms are also pushing for regulated SUI investment products.
-Stablecoin Growth: The native stablecoin market on Sui reached $500 million in late January 2026, with USDC accounting for over 70% of that value.
-2026 Roadmap Highlights: Upcoming milestones include the launch of USDsui (a native stablecoin with gasless payments), protocol-level private transactions, and the S2 (Sui Stack) unified developer platform.
Upcoming Events to Watch
-Token Unlock: A scheduled unlock of 43.53 million SUI (approx. $57 million) is set for February 1, 2026. This represents 1.15% of the circulating supply and may introduce short-term sell pressure.
-Price Targets: Forecasts for the end of 2026 vary widely based on institutional flows; "Base Case" estimates sit around $1.50–$3.00, while bullish scenarios fueled by ETF success target $4.50–$7.50.
Buy SUI >>