SUI Group Holdings Limited, the only publicly traded company with an official relationship with the Sui Foundation, has significantly boosted its treasury holdings by adding approximately 20 million SUI tokens. This brings its total holdings to over 101.7 million SUI, valued at around $332 million at the time of disclosure. This move signals deepening institutional adoption and confidence in the SUI ecosystem.
Concurrently, Robinhood confirmed that SUI is now available on Robinhood Legend, broadening access for retail investors in the U.S. This listing is expected to enhance liquidity and visibility for the token.
From a technical perspective, SUI's price has been consolidating in a bullish flag pattern since early July. At press time, the token was trading around $3.3–$3.4, nearing the flag resistance level at $3.4. A successful breakout could target the $5 psychological level, with some analysts projecting even higher gains toward $10 if key resistance at $4.3 is breached.
However, spot market activity has shown signs of cooling, with CryptoQuant's Spot Volume Bubble map indicating reduced trading momentum. Despite this, Futures data reveals buyer dominance, with the 90-day cumulative volume delta suggesting strong institutional accumulation interest.
Fundamentally, SUI's transaction fees remain a standout feature, averaging just $0.00799 per transaction in August—nearly 140 times cheaper than Ethereum transfers. The network has processed over $600 billion in total token volume, marking a 7.76% increase in the past 30 days. Social dominance metrics also indicate growing discussions around SUI, now approaching top-10 levels among cryptocurrencies.