SUI Price Eyes $5 After SUI Group’s $332M Treasury Boost

SUI Group Holdings’ $332 million token acquisition is fueling bullish sentiment for SUI, sparking a price jump from $3.12 to $3.41 this week. The company's recent purchase of 20 million SUI tokens, bringing its treasury to 101.8 million tokens, signals long-term confidence in the SUI ecosystem.

The 24-hour trading volume at $806 million and open interest at $12.19 billion highlight strong market attention. Stephen Mackintosh, CIO at SUI Group, said:
“Since launching our treasury strategy in July, we’ve accumulated over 100M SUI, reinforcing our belief in SUI’s role in DeFi’s future.”

This accumulation—executed at a discount via the Sui Foundation—has prompted analysts to forecast a potential move toward $4.00 or even $5.00, assuming favorable market conditions continue.

Still, volatility remains. Analysts caution that whale moves could result in a dip to $3.00 if sell pressure mounts. However, buyers seem eager to step in at key levels, with thin liquidity above possibly accelerating upward price action.

SUI Group’s treasury strategy and reserves also support stability in the token’s price. With rising enthusiasm across the crypto community, the long-term outlook for SUI is increasingly bullish.