Key highlights:
- Van de Poppe sees an uptrend for SUI, with $0.80 as the key breakout level
- The SUI price is getting support from growing ETF and institutional exposure
- CoinCodex forecasts SUI at $0.5743 in one month, below the current $0.77-$0.78 range
SUI is starting to show some life, and a few traders think a bigger move could be coming. Michaël van de Poppe pointed out that SUI's uptrend has started and noted it's outperforming Bitcoin, which is usually a sign that buyers are coming back.
This is happening at an interesting time. The SUI price is pushing toward a key resistance zone around $0.80, and a clean break above that could open the door to much higher levels. The project also has growing institutional interest and an ambitious roadmap to back up the optimism. So the pieces are starting to line up.
Institutional investors are getting easier access to SUI
One of the biggest developments for the SUI price this year has been the launch of the 21Shares Spot SUI ETF (TSUI), which began trading on Nasdaq in February 2026. The fund gives traditional investors a regulated way to gain exposure to SUI without directly holding crypto.
This is important because spot ETFs purchase and hold the underlying token. With roughly 75% of SUI already staked, continued ETF inflows could reduce available supply and create additional demand pressure over time.
Interest from institutional investors is not limited to 21Shares either. Firms such as Grayscale and VanEck have also launched SUI-related investment products, giving the ecosystem greater visibility among professional investors.
Beyond institutional adoption, Sui is also working through its 2026 S2 roadmap. The plan includes confidential transfers, gasless stablecoin transfers through USDsui, DeepBook v3 with margin trading features, and a unified platform designed to make development easier.
If those upgrades roll out successfully, they could increase activity across DeFi, gaming, and payments on the network.
SUI chart analysis
We had a look at the SUI chart and found the token trading near $0.776 after rebounding from lows around $0.767. Buyers stepped in near support, helping push price back toward resistance.
There we go, the uptrend has started for $SUI.
It's also outperforming against Bitcoin. https://t.co/Mrwq0VqclE pic.twitter.com/EM0NsNT3SB— Michaël van de Poppe (@CryptoMichNL) September 3, 2026
The most important level right now is $0.80. That psychological $0.80 level is the first big test for the bulls. Break through it, and $0.82, $0.84, $0.86, $0.88 all come into play, with $0.90 as the next major target.
Van de Poppe's bullish outlook lines up with that setup. If the SUI price reclaims $0.80, the recovery could accelerate toward higher resistance zones. On the downside, support sits at $0.76, then $0.74 and $0.72. Losing $0.76 would weaken the bullish structure and open the door for a deeper drop. So it's a pretty clear make-or-break zone right now.
Where could the SUI price go next?
Right now, the fight is all about $0.80. A clean break above that level would strengthen the case for a move to $0.82, $0.84, and possibly $0.90. The bullish argument has some solid backing too, institutional adoption through spot ETFs and the network's growing roadmap are both supporting the case.
The bearish case comes from ongoing token unlocks of roughly 64 million SUI per month, security concerns, and broader macroeconomic uncertainty. At the moment, the SUI price is trading between support at $0.76 and resistance at $0.80. Whichever side breaks first will likely determine the token's next major move.
CoinCodex's 1-month SUI price forecast places the token around $0.5743. That target is well below the current SUI price near $0.77-$0.78 and would imply a move back under key support levels at $0.76, $0.74, and $0.72 that traders are closely monitoring.