SUI Price Poised for Reversal Amid Volume Surge and ETF Amendment

2025-10-22 17:45

SUI is showing signs of a potential price reversal as trading volume surged by 138% over the past seven weeks. The increase in activity coincides with $3.7 billion in Ethereum inflows via the Wormhole Bridge. Additionally, Canary Funds has filed the first amendment for a Spot SUI ETF with the SEC on October 17, 2025. The price of SUI has been maintaining above a critical level, with analysts indicating that a breakout above $3 could initiate a recovery. Conversely, a decline below this threshold might postpone the anticipated reversal.

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