$SUI

Sui (SUI) has recently exhibited a notable upward trend, reaching an all-time high of $5.35. Several factors contribute to this surge:

1. Ecosystem Expansion: Sui's integration with major stablecoins like USDC, USDT, and FDUSD has enhanced its appeal, facilitating seamless transactions across multiple blockchains.

2. Strategic Partnerships: Collaborations, such as with BytePlus, have expanded Sui's reach, particularly in the gaming sector, attracting more users and developers.

3. DeFi Growth: Sui's rapid ascent in the decentralized finance space, becoming one of the leading non-EVM chains by total value locked, indicates increased adoption and market confidence.

Technical analysis suggests that SUI's price has demonstrated strong support at $3.93, with resistance levels at $4.50 and $4.95. A breakthrough above $5 could lead to further price discovery.

Analysts project that SUI could reach targets of $6.12, $6.75, and potentially $7.66 by 2025, driven by its expanding ecosystem and strategic developments.