BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

SUI’s Price Holds Steady as Liquidity Grows and Partnerships Bloom

Gary Ponce by Gary Ponce
April 19, 2025
in CRYPTO, FINANCE, OPINION, SUI
Reading Time: 4 mins read
4
SHARES
73
VIEWS
Share on XShare in TelegramShare on Reddit
  • SUI’s stablecoin supply just hit a record $746.81M, signaling major liquidity growth—up 99.82% this year.
  • Chart patterns like a wedge + positive RSI hint at a potential bullish breakout, especially if SUI clears the $2.90 level.
  • A new partnership with Greece’s Stock Exchange adds real-world utility, boosting adoption and long-term price potential.

SUI hasn’t exactly been cruising lately—market volatility’s kept the token from gaining strong momentum. But under the surface, things are looking… interesting. Between a spike in stablecoin supply and some big-name partnerships, SUI might just be warming up for its next move.

Stablecoin Supply Hits All-Time High—Liquidity On the Rise

So here’s a big one: the SUI blockchain just logged a record-breaking stablecoin supply, hitting $746.81 million. That’s a massive deal. Year-to-date, that’s a 99.82% increase, according to data shared by Torero Romero on X.

Now, why does that matter? More stablecoins on the network = more liquidity. And more liquidity usually leads to smoother transactions, more user activity, and—if things go well—stronger price performance. Basically, it helps the whole ecosystem breathe a bit easier.

Some market watchers say this kind of growth in stablecoin supply could be a key factor behind SUI’s long-term value. It’s like giving the network extra fuel to scale up dApps, smart contracts, and attract bigger players.

Sui Ytd Stablecoin Rise

Wedge Pattern Hints at Breakout—Up or Down?

On the charts, SUI’s showing signs of pressure building up. A wedge pattern is forming—and if you’ve been around the crypto block, you know these usually end with a bang.

Even after a steep 60% pullback, SUI’s holding the $2 line pretty well. That wedge is getting tighter, and sooner or later, something’s gotta give.

The Relative Strength Index (RSI) is rising too—pulling away from oversold territory. Bearish momentum’s cooling off, and that might be the cue bulls have been waiting for. A jump above $3? Could be on the table.

Despite a Dip, SUI Stays Strong Above $2

Yes, SUI’s seen better days—it’s down 7.38% for the month—but it’s still clinging to that key $2 level. That’s a solid psychological support, and so far, it’s holding.

After four red candles in a row, a small bullish one just popped up. Nothing wild, but it’s the kind of early signal that gets technical analysts talking. If SUI manages to clear the $2.90 resistance level, that could open the door to $5 territory, according to CryptoWZRD.

🚨 $SUI WEDGE WATCH!

Falling wedge—$5.3 next? Watch this!#SUI #CryptoBreakout #Trading pic.twitter.com/PBBsPmmaoc

— Solberg Invest (@SolbergInvest) April 18, 2025

Greece Partnership Adds a Real-World Boost

And here’s the kicker—SUI just teamed up with Greece’s National Stock Exchange. Yeah, that’s not your average DeFi collab. The two plan to build out a blockchain-powered fundraising system using SUI’s infrastructure.

That kind of real-world utility? Huge. It doesn’t just prove SUI’s tech works—it builds trust with traditional financial players. And more trust means more adoption, which could drive up demand (and price).

Final Thoughts

At the time of writing, SUI’s trading at $2.14, up just under 1% on the day. The token briefly tested $2.12 before bouncing around a bit—pretty standard consolidation stuff.

But when you put it all together—rising liquidity, technical setups, and high-profile partnerships—SUI might just be loading the slingshot. Whether it fires straight to $5 or takes its time, momentum is starting to stir.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $SUiCRYPTOWZRDGreece’s National Stock ExchangeSui NetworkTorero RomeroX
Tweet1ShareShare
Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, and select meme tokens, combining personal trading knowledge with professional editorial standards.

DON'T MISS THESE! HOT OFF THE PRESS

Market Summary: What Happened in Crypto Today?
CRYPTO

Market Summary: What Happened in Crypto Today?

September 3, 2025
Fat-Finger Error Dumps Pump Fun Streamer Coin 99%, Then Surges 10,000%? Here is What Happened
CRYPTO

Fat-Finger Error Dumps Pump Fun Streamer Coin 99%, Then Surges 10,000%? Here is What Happened

September 3, 2025
Solana Memecoin TROLL Acquires IP Rights to Trollface Meme: Here is Why This is Game Changing
CRYPTO

Solana Memecoin TROLL Acquires IP Rights to Trollface Meme: Here is Why This is Game Changing

September 3, 2025
Flipping Memecoins: Can It Really Be a Full-Time Job?
CRYPTO

Flipping Memecoins: Can It Really Be a Full-Time Job?

September 3, 2025
Fed Signals Multiple Rate Cuts Coming in 2025: Here is Why
BUSINESS

Fed Signals Multiple Rate Cuts Coming in 2025: Here is Why

September 3, 2025
Trump-backed ‘American Bitcoin’ Stock Trading Halted After Explosive Opening: Here is What Happened
BITCOIN

Trump-backed ‘American Bitcoin’ Stock Trading Halted After Explosive Opening: Here is What Happened

September 3, 2025
Load More

Related News

Market Summary: What Happened in Crypto Today?

Market Summary: What Happened in Crypto Today?

September 3, 2025
Fat-Finger Error Dumps Pump Fun Streamer Coin 99%, Then Surges 10,000%? Here is What Happened

Fat-Finger Error Dumps Pump Fun Streamer Coin 99%, Then Surges 10,000%? Here is What Happened

September 3, 2025
Solana Memecoin TROLL Acquires IP Rights to Trollface Meme: Here is Why This is Game Changing

Solana Memecoin TROLL Acquires IP Rights to Trollface Meme: Here is Why This is Game Changing

September 3, 2025
Flipping Memecoins: Can It Really Be a Full-Time Job?

Flipping Memecoins: Can It Really Be a Full-Time Job?

September 3, 2025
Fed Signals Multiple Rate Cuts Coming in 2025: Here is Why

Fed Signals Multiple Rate Cuts Coming in 2025: Here is Why

September 3, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews