#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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As of May 22, 2025, Sui is trading at approximately $4.15, reflecting a strong upward trend over the past month
Market Momentum and Technical Outlook
SUI has experienced an impressive 87% gain over the last 30 days, driven by increased decentralized finance (DeFi) activity and institutional interest. Notably, Grayscale has launched a SUI Trust, and 21Shares has filed for a SUI-linked exchange-traded fund (ETF), signaling growing confidence in the project's fundamentals .
Technically, SUI is maintaining a bullish structure, with support around the 20-day exponential moving average (EMA) at $3.73. If the price sustains above this level, it could challenge the $4.25 resistance, and a successful breakout may propel it towards the $5 mark .
Short-Term Forecasts
Changelly predicts a 10.14% increase, potentially reaching $4.30 by May 23, 2025 .
CoinCheckup forecasts a rise to $5.92 within the next week and $13.14 over the next month .
Conversely, CoinCodex anticipates a short-term pullback to $2.53 by May 27, 2025, suggesting a possible 38% correction .
Long-Term Projections
Looking ahead, SUI's price predictions for 2025
CoinLore estimates a range between $3.24 and $5.15 .CoinLore
InvestingHaven projects a broader range from $2.55 to $8.75, with $3.33 identified as a key Fibonacci extension level .
CoinDCX offers a more optimistic outlook, forecasting a range between $27 and $32 for 2026, driven by ongoing adoption and technological advancements .
Conclusion
SUI's recent performance indicates strong bullish momentum, supported by increased DeFi activity and institutional interest. While short-term forecasts vary, the overall sentiment remains positive, with potential for further growth if key resistance levels are surpassed. As always, investors should conduct thorough research and consider market volatility when making investment decisions.