Overview of the main elements:
- The TVL of SUPs and the use of stablecoins reach heights.
- The Haussiers technical indicators suggest that the price of sui could increase by 43% to reach $ 4.96.
- An ETF SPOT SUP was deposited with the SEC, which suggests potential institutional entries.
The price of suis fell 6.2 % in the last 24 hours, now exchanging $ 3.47. Its exchange volume also dropped by 17.8 %, reaching $ 1.9 billion at 6:26 a.m. (HNE).
This occurs while 21Shares deposits an ETF SUI with the Securities and Exchange Commission (SEC) of the United States. THE Suis du Su Can he get carried away after the request for ETF of 21Shares was filed on the site of the dry?
The price of the suis is gaining momentum thanks to the growing interest of institutions
On May 1, 2025, 21 Shares officially filed a request for ETF sui with the SEC. The company, known for its role in the ETF market, takes a daring measure to expand investment possibilities in cryptocurrencies.
It’s huge for the Suis Cours! The Filing of a request for Etf on the lords a Institutional investment potential, which could arouse significant interest in the market. This exposure can increase demand and influence the evolution of the price of Sui in the coming months.
When the ETFs are approved, as we have seen with Bitcoin and Ethereum, private investors and large investors throw themselves in the water, and the graphics begin to be juicy. The fact that this deposit is now on the SEC website indicates that SU is the subject of serious attention.
On April 30, 2025, the SUP network set fire to the powder by announcing a major update of its ecosystem. He announced a major update of his ecosystem, focusing on scalability and development tools to take charge of SBTC and Stacks.
New features are introduced to help Bitcoin holders use their BTC more effectively. They can now access options such as the loan, exchange and liquid on suis, thus increasing their potential for gain.
More users means more demand for SUP tokens. This type of fundamental growth is therefore the kind of thing that makes the long -term bullish salivate.
Suis Price vacillates despite TVL growth
The Onchain Lookonchain analysis company underlines the expansion of the Defi de Suit ecosystem and the growing confidence of investors. The total blocked value (TVL) SUR AU has regularly increased, reaching its highest level for 3 months.
Defillama’s data reveal that the market capitalization of Stablecoins sur Suit reached the record figure of $ 892 million, which is an absolute record. This increase reflects growing demand, confidence and stability within the SU network.
TVL is an important element for DEFI – it shows the importance of capital invested in the network. An increase in TVL means that more people entrust their bags to SUPs, which is a considerable advantage for adoption.
-The rally of Suis Prix grows thanks to the new ETFs and the network updates that feed confidence. These developments show that SUP accumulates victories, thus strengthening its position on the market.
The pricing shows are the subject of a rejection: will it crack?
The SUP/USD daily graphic reveals that the asset has exchanged above its SMA from 50 days to $ 3.5103. It remains above its 200-day SMA at $ 2,5103, which indicates a sustained upward dynamic.
This configuration is a conventional bullish indicator, which signals an upward dynamic on the market. When the short-term SMA passes over the long-term SMA, this confirms that the bruises direct the trend.
The price recently emerged from a consolidation zone between 2.11 and 3.00 dollars. This served as a launching ramp in the current pump.
The graph now shows some key price objectives if this rally continues. The FIB level of 0.382 is at $ 3.2042 and serves as an immediate support. However, a falling break and SUI could drop to the next major support at the FIB level of 0.618 ($ 2.78).
And The Prix du Suis Beyond this resistance, it could target the level of extension 127% FIB at $ 4,2418. A stronger break could lead it to level 161.8% FIB at $ 4.9675, thus strengthening the upper dynamic. If SUI Soak to reach this level of $ 4.9675, it will be an increase of 43 % compared to current prices.
The MacD at the bottom shows an upward dynamic with the MacD line above the signal line, and the histogram is positive. The RSI is 71.06, which corresponds to an over -rascal zone and indicates that it is necessary to sell. This indicates that the Suis Prix could experience a withdrawal in the coming days.
Where are you going?
With the deposit of the ETF, the network updates and the growing adoption of the DEFI, SUI is in a privileged position to continue to climb. The graph gives us clear objectives. If SUP exceeds $ 3.46 with a large volume, investors could see it test the $ 4.24 in the next two weeks.
If the optimism of the ETF continues to arouse enthusiasm – and if it is possibly approved – the Suis Prix could reach $ 4,9675 by the end of May. The persistence of a bullish feeling and the growing interest of institutions would strengthen this dynamic.
Conversely, if the RSI becomes too supercharged and we are witnessing profits, the support around $ 3.2042 should remain solid.
Non-liability clause
In this article, the points of view and the opinions expressed by the author or by any person quoted are given as information only and do not constitute advice on investment, finance or other. Trade or investment in cryptocurrencies has a risk of financial loss.
