SUI Surges 20% as Market Cap Tops $7.5B

SUI Surges 20% as Market Cap Tops $7.5B

> At a Glance

> – SUI leapt nearly 20% in 24h, nearing $2 for the first time since November

> – Market cap passed $7.5B, lifting the token to #27 among cryptos

> – RSI hit 87, flashing overbought warnings

> – Why it matters: Momentum is building, but traders face elevated risk of a pullback

SUI is outpacing the broader crypto rally as Bitcoin, Ethereum and XRP edge higher. The token’s latest push has traders debating whether it’s the start of a fresh leg up or a signal to take profits.

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Price Momentum

SUI now changes hands just under $2, its highest level since mid-November. The rally has added roughly $1.2B to its valuation, vaulting it above Litecoin and Hyperliquid.

Crypto Winkle told X followers the move marks a “clean break” above $1.80 with “strong structure.” The analyst also noted that on-chain activity has climbed since late November and that ETF filings bring “institutional context, not just hype.”

Bullish Targets

Several chart watchers have issued lofty forecasts:

  • Crypto Catalysts eyes $8 in the coming weeks
  • MOON JEFF sees room for a $30B market cap “in a good altseason”
  • Lucky (2M followers) projects $4.44 during Q1 2026 “if momentum holds”

Risk Check

Not everyone is convinced the run can continue uninterrupted.

Chill Trader labeled current levels a “high-risk area” and warned a pullback “won’t be surprising.”

Technical data back the caution: SUI’s Relative Strength Index has jumped to 87, well above the 70 threshold that signals overbought conditions.

Key Takeaways

  • 20% daily gain places SUI in the spotlight as the crypto market rallies
  • Market cap of $7.5B ranks the token #27, surpassing several large caps
  • RSI at 87 raises the odds of a near-term correction
  • Analyst targets span $4-$8, but support must hold above $2

Whether SUI can maintain its break above $2 may decide if the bulls stay in control or if profit-taking kicks in.

Author

  • I’m a dedicated journalist and content creator at newsoflosangeles.com—your trusted destination for the latest news, insights, and stories from Los Angeles and beyond.

    Hi, I’m Ethan R. Coleman, a journalist and content creator at newsoflosangeles.com. With over seven years of digital media experience, I cover breaking news, local culture, community affairs, and impactful events, delivering accurate, unbiased, and timely stories that inform and engage Los Angeles readers.”

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