SUI’s stablecoin inflows have surged significantly, exceeding all other blockchains. This indicates growing market interest, and could potentially signal a price breakout. We analyze this influx, open interest surges, and chart patterns to determine the potential for SUI to make its move. 6.1 million dollars in stablecoin inflows into SUI over the past 24 hours paint an impressive picture. This surpasses all other blockchains, indicating a significant shift in market activity. What does this mean for SUI’s price? A closer look reveals that traders are positioning themselves for potential volatility with open interest mirroring the influx of stablecoins. The combination of strong inflows and rising open interest suggests a bullish sentiment in the market. Chart analysis further adds to the positive outlook, highlighting a promising cup and handle pattern, suggesting a possible breakout above resistance. At $2.16, SUI is currently showing 12.82% growth in just 24 hours, with the ‘handle’ portion of the pattern forming within a descending wedge, leading towards the $2.23 breakout point. If SUI manages to decisively break above this level, the price target could jump to $2.80. While a definitive breakout remains pending, these signs indicate that SUI is primed for significant upward movement. We need to see if SUI can successfully break through the $2.23 resistance. Only then will we know whether this trend represents a lasting change in the market.