Sui Surges Amidst Growing Interest in Utility-Driven Altcoins

Sui has experienced significant growth recently, drawing investors and developers alike after the successful SUIFest event. Analysts predict a major surge as network activity hits record highs and the token’s value continues to rise. 12% growth in the past week signals growing investor confidence within the Sui ecosystem. Market analysts point to Sui’s strong reaction at the 23.6% Fibonacci level, which helped it rebound from recent lows. Key support levels are seen near $3.50 and $3.42, with resistance near $3.72 and $3.80. The next target is positioned near $3.88.