The SUI Network project is quietly gaining traction among whales, with large-volume buyers accumulating SUI in the $0.80 to $1.00 range. This has created a significant macro support level that traders are closely watching.
Whale wallets have been discreetly loading up on SUI positions, with data showing heavy institutional-style accumulation in the $0.90–$1.00 range. Instead of chasing price pumps, these larger players are strategically building their positions during consolidation phases.
The current price range also coincides with compressed short-term moving averages, indicating a strong demand zone for SUI. Traders anticipate that buyers will defend this area vigorously if the price revisits it.
The SUI ecosystem is experiencing rapid growth, with increasing trading volume and activity within the network. Tokenized real-world asset trading has surged, stablecoin liquidity is deepening, and developers are gearing up for a highly anticipated gasless transfer upgrade.
The upcoming gasless transfers feature will eliminate the need for users to hold native tokens for transactions, reducing onboarding friction for mainstream users. This infrastructure shift is attracting attention from institutional players, further solidifying SUI’s position as a prominent Layer-1 network in the market.