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Sui Token Skyrockets 30% in a Week as Trading Volumes Hit $2.1 Billion

Sui Token Skyrockets 30% in a Week as Trading Volumes Hit $2.1 Billion

Published:
2026-01-07 08:32:48
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Sui isn't just climbing—it's rocketing past resistance levels while the rest of the market checks its watch.

The Volume Tells the Real Story

Forget whispers of a pump. That surge to $2.1 billion in weekly volume screams institutional interest and trader conviction. It's the kind of liquidity that separates fleeting hype from genuine momentum, the sort that makes traditional finance desks scramble to update their spreadsheets.

What's Fueling the Frenzy?

Look beyond the price chart. The surge points to ecosystem catalysts finally cutting through the noise—developer activity, major protocol launches, or perhaps a key partnership that bypasses legacy blockchain bottlenecks. Active addresses and network utilization are likely painting a bullish picture that the raw token price hasn't fully captured yet.

It's a classic crypto narrative: build something people actually use, and the valuation eventually follows. Sometimes the market even remembers that fundamentals matter before moving on to the next meme coin.

The Road Ahead

Sustaining this trajectory means holding that volume floor. A 30% weekly gain on thin air is a red flag; the same gain backed by billions in real trades suggests deeper currents at work. The next test? Converting this explosive momentum into steady, organic growth that doesn't rely on daily fireworks.

Watch for a consolidation phase—healthy markets don't go vertical forever. But for now, Sui is doing what every altcoin dreams of: making noise that the whole industry can't ignore. Just another reminder that in crypto, the 'next big thing' can emerge from anywhere, often while traditional finance is still debating last cycle's winners.

TLDR

  • SUI crypto price jumped over 30% in the past week, climbing from $1.30-$1.45 to reach $2 before pulling back
  • Trading volumes increased 74% to $2.1 billion in 24 hours, showing strong buying pressure returning to the market
  • Money flow indicators turned positive but earlier weakness suggests some traders may be taking profits
  • Heavy long leverage in derivatives trading creates risk of a sharp pullback if momentum slows
  • Price must break above $2.59 resistance to confirm bullish pattern, otherwise could drop back to $1.30

Sui price bounced from support levels NEAR $1.30 and climbed over 30% in seven days. The token hit $2 during Monday’s trading session before retreating slightly. This marks a strong start to 2026 after the token dropped 66% through 2025.

sui price

SUI Price

The price base formed between $1.30 and $1.45 over several weeks. Buyers stepped in repeatedly at these levels. When the price finally broke higher, more traders joined the move.

Trading volumes jumped 74% in the past day to reach $2.1 billion. This figure represents 30% of SUI’s circulating market cap. High volume relative to market cap often signals strong buying interest.

Data shows weekly volumes are tracking toward $10 billion if the current pace continues. In April 2025, when sui moved from $2.10, weekly volumes reached $10 to $14 billion. A similar pattern appeared in July when volumes climbed from $5 billion to $14 billion as the token passed $4.

The Chaikin Money FLOW indicator moved above zero. This means new money is entering the asset. The positive reading supports the idea that buyers are active right now.

However, the indicator showed a lower low while price moved higher. This divergence can signal that early buyers are starting to take profits. The pattern does not confirm continued strength.

Resistance and Pattern Formation

The next key level sits at $2.59. This area has acted as resistance in the past. Many traders who bought earlier may sell near this zone. Until SUI reaches and holds above this level, the breakout remains unconfirmed.

$SUI PRICE FORECAST | IS $20 POSSIBLE? | ANALYSIS BY CRYPTOPATEL#SUI Is Holding A High-Timeframe Accumulation Zone On The Weekly Chart After A DEEP Correction From 2024 Highs. Market Structure Suggests Re-Accumulation With Smart Money Participation.

Current Technical… pic.twitter.com/Xxb81YuUce

crypto Patel (@CryptoPatel) January 7, 2026

The price chart shows a potential inverse head-and-shoulders pattern. This formation typically suggests further upside. But the pattern needs a 32% push from current levels to complete. That WOULD require a move above the $2.59 resistance area.

Some analysts point to a triple bottom formation as one reason for the rally. This pattern forms when price tests the same support level three times without breaking lower.

Leverage Creates Downside Risk

Derivatives data shows most Leveraged traders hold long positions. They are betting on higher prices. Short positions remain much smaller in comparison. This imbalance helped push prices higher as short sellers were forced to exit their trades.

But the setup creates risk. When too many traders lean one direction using leverage, the market becomes unstable. If price momentum slows or reverses, long traders may rush to close positions. That can trigger a fast drop.

The first support level sits at $1.45 where the rally began. A pullback to this area would be normal. If selling pressure increases and leveraged traders exit together, the price could fall to $1.30. That would represent a 32% decline from recent highs.

Social media interest in SUI started rising again in early January after months of decline. This suggests people are returning to the market but not in an emotional or overheated way. Rising social interest that remains measured is generally a healthy sign.

SUI Social Chatter | Source: Santiment

Source: Santiment

SUI closed 2025 with a 66% loss. The token fell from $4.40 in July to $1.40 by year end. Trade tensions between the United States and China plus an October 10 flash crash pushed investors away from risk assets.

If SUI breaks above the 200-day exponential moving average near $2.40, the odds of a MOVE to $4 increase. The token would need to maintain strong volumes and hold above key resistance levels. Weekly volumes need to stay elevated like they did during previous rallies in April and July of last year.

U.S. labor market data releases Friday could impact crypto markets. The Federal Reserve meets January 28 to decide on interest rates. Current odds of a rate cut stand at 18%.

|Square

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