Can SUI Reach $11.50? Analyst Forecasts Point to Explosive Upside

SUI’s recent price surge, marked by a 73% weekly gain, has fueled excitement about the token’s potential for continued growth. Driven by institutional investment and increasing user activity, analysts believe SUI is poised to break past its current $3.72 level and reach new heights. The key drivers include the Grayscale SUI Trust launch, which provides direct institutional access to the cryptocurrency; integration with Mastercard via @PortalApp allowing users to leverage SUI across 20,000 European merchants; and a robust developer community contributing to expanding utility and engagement within the ecosystem.