SUI Price Surge: Analysts Predict 2x Potential Rally to $8

Ethereum token, SUI, has experienced a substantial price surge over the past four days, prompting analysts to predict a potential doubling of its value to reach $8. This bullish momentum stems from various factors, including the continued expansion of decentralized finance (DeFi) and growing institutional interest.  One technical analyst, Bitcoinsensus, based his prediction on Elliott Wave Theory, which suggests that SUI is nearing the end of a correction wave (2), setting the stage for a powerful rally (3). This third wave could potentially reach $7.50 to $8.00.