Key Insights:
- The SUI price outlook comes on the heels of 12 consecutive weeks of positive ETF net flows.
- Ali Martinez documented 12 straight weeks of positive SUI ETF net flows.
- Sui processed in excess of 8.5 million transactions, hitting a fresh 90-day high.
Today’s SUI price forecast follows a recent pullback, ongoing ETF accumulation, and solid network activity. SUI dropped to $0.7874 after failing to sustain momentum near $0.84, hovering closely to its daily low of $0.7855. At the same time, analyst Ali Martinez highlighted 12 consecutive weeks of non-negative SUI ETF flows.
These investment products have accumulated upward of 9.30 million tokens since June. Meanwhile, Phantom has slated the termination of Sui support for September 24. SUI’s price prediction precedes wider short-term gains, with figures from CoinGecko indicating weekly growth of 23.3%, a 15.9% rise over 14 days, and an 11.8% monthly gain.
ETF Demand Coincides With Transaction Record
Based on data from Martinez, a Glassnode chart tracked continuous positive SUI ETF accumulation across the entire 12-week span. The initial weekly bar topped 2.5 million SUI, while a secondary spike yielded roughly 1.8 million tokens in late July. Most other weeks recorded inflows ranging from 250,000 to one million SUI.
Even so, the pace of acquisition fluctuated throughout the timeframe. Two weekly bars remained near zero, including the most recent update close to August 15.
Concurrently, on-chain metrics revealed that Sui handled more than 8.5 million transactions on Saturday, August 22. That volume established a new 90-day peak for network transactions in the wake of the broader market recovery.
Broader ETF figures pointed to inflows spanning multiple digital assets on August 24. SoSoValue tracked $337.56 million for Bitcoin and $115.57 million for ETH as its native asset.">Ethereum. Solana pulled in $33.49 million, whereas XRP added $13.82 million and HYPE captured $5.74 million.
SUI Price Prediction Tracks the $0.83 Test
Against this backdrop, Bitcoin.">Altcoin Buzz noted that buyers were making a comeback, although SUI had yet to confirm a breakout, according to a Monday X post. The publication pointed to rising on-balance volume (OBV), strengthening MACD momentum, and an RSI indicating additional room for upward movement.
Nonetheless, SUI continued to trade under its 200-day exponential moving average (EMA), which Bitcoin.">Altcoin Buzz singled out as the primary technical hurdle. The platform designated $0.83 as the initial critical price test, noting that a sustained break past that threshold would reinforce the bullish breakout scenario.
In the interim, CoinGecko located immediate support in the $0.7855 to $0.79 bracket. A drop under that band could expose the $0.78 mark. Bulls need to recapture $0.80 and $0.81 first to pave the way for a run at $0.83. CoinGecko registered an intraday high of $0.8403 prior to SUI slipping back below the breakout zone.
Phantom Sets September Deadline for Sui
Wallet accessibility, however, is set to shift when Phantom discontinues Sui support on September 24. Both Phantom and the Sui team characterized the move as a joint decision. The cutoff arrives approximately 20 months after Phantom initially integrated the network in January 2025.
Following the deadline, users will no longer be able to view Sui balances, execute transactions, swap assets, or interact with Sui decentralized applications through Phantom. User assets will remain intact on-chain and accessible via alternative Sui-compatible wallets.
Furthermore, Sui marks Phantom’s second recent network discontinuation following Monad. Phantom had scheduled Monad support to conclude on Wednesday following a July announcement. Monad launched its mainnet less than a year prior.
It is worth noting that activity across Sui’s smart contracts instead of banks and brokers.">decentralized finance (DeFi) ecosystem has experienced a slowdown. DefiLlama estimated Sui’s total value locked in DeFi at roughly $469 million—a figure sitting about 82% lower than its prior peak of $2.58 billion. Sui has also encountered several network disruptions throughout the preceding year.
Frequently Asked Questions
How many consecutive weeks of positive ETF flows has SUI experienced?
SUI has recorded 12 straight weeks of positive ETF net flows, according to analyst Ali Martinez.
What is the upcoming deadline for Phantom wallet users regarding Sui?
Phantom is scheduled to end its support for the Sui network on September 24.
What key resistance level is SUI currently watching?
Analysts have identified $0.83 as the primary technical test and resistance level for SUI.
What was the transaction milestone recently reached by the Sui network?
Sui processed over 8.5 million transactions, establishing a new 90-day high for network activity.
