Sui Targets $10 as Bullish Flag Suggests Continued Growth

The Sui Network (SUI) is experiencing a surge in price, reaching a new all-time high of over $4,500. This upward trajectory is fueled by strong technical indicators like the bullish flag formation and surging on-chain activity. The TVL for the network has hit $2.03 billion, a record high, while open interest in derivatives has also reached an all-time peak of $1.86 billion. Analysts predict SUI could reach $10 in this bull market cycle.