Sui price rises 2.35% to $1.20 as Bitcoin gains

  • Sui rose 2.35% to $1.20 as Bitcoin gained 2.79% over 24 hours.
  • Ali Charts identified $1.27 as the hourly breakout trigger, with $1.29 as the recent swing high.
  • Sui announced gasless stablecoin transfers on May 20, 2026, before Friday’s market recovery.

Sui rose 2.35% to $1.20 over 24 hours on Friday as Bitcoin gained 2.79%, reflecting stronger sentiment across cryptocurrency markets. Citigroup’s decision to raise its 12-month Bitcoin target to $113,000 from $82,000 and renewed exchange-traded fund inflows supported the broader market backdrop. Ali Charts identified an hourly close above $1.27 as a potential breakout trigger, with Sui’s recent $1.29 swing high in focus. SUI remained above $1.14 support, although the continuation setup is not confirmed and Bitcoin weakness could disrupt momentum. Sui also supports gasless transfers of USDsui, USDC, FDUSD, USDY and other stablecoins without requiring a separate SUI balance. Separately, Sui and OpenAssets are developing the Open Tokenized Asset Standard under Linux Foundation Decentralized Trust to improve interoperability across financial systems.

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