The real-world asset ecosystem on the Sui blockchain remains on the move as it sees the official launch of the new USDC vault. This is due to the growing demandThe real-world asset ecosystem on the Sui blockchain remains on the move as it sees the official launch of the new USDC vault. This is due to the growing demand

SUI Could Surge to $6.47 Following RWA Expansion and Bitwise ETF Filing

The real-world asset ecosystem on the Sui blockchain remains on the move as it sees the official launch of the new USDC vault. This is due to the growing demand for stable on-chain yield solutions, which further solidifies Sui as a new hub for decentralized finance innovation on the back of RWA within the crypto environment for 2025.

The USDC vault is launched by R25Official and can be accessed only through the Top_nod wallet. It is developed jointly with Ember Protocol and is powered by Bluefin infrastructure. The product showcases the solid partnerships within the ecosystem. It is a sign of the growing development of secure and scalable RWA and stablecoin primitives on the Sui network.

Also Read: SUI Consolidation Suggests Recovery to $1.56

Bitwise Adds SUI to Growing Altcoin ETF Lineup

However, the crypto analyst, Sui Ninja, highlighted that Bitwise Asset Management has filed a request for an exchange-traded fund based on SUI, the token of the Sui blockchain network, as a continuation of a larger expansion including 10 other alternative cryptocurrencies. This is a sign of increased interest in managed exposure to new cryptocurrencies as a replacement for Bitcoin and Ethereum.

Source: Sui Ninja on X

The inclusion of SUI demonstrates the faith in high-performance layer-one blockchains as Bitwise prepares for the next influx of altcoin ETF listings. Although listing approvals are still in limbo, the fact that they have been submitted indicates a readiness for full adoption, as the structure of financial infrastructure in the crypto markets continues to evolve.

SUI Holds $1.45 Support as Accumulation Signals Grow

Moreover, the data from the Sui community revealed that SUI remains strong around the $1.45 level, which is a technically significant point where the 0.786 Fibonacci retracement lies. Historically, this point has been a cycle low in the crypto market. Looking from a technical perspective, it is seen that there is well-controlled volatility and decreasing selling pressure, which indicates accumulation rather than a mass exit from the markets.

Source: Sui Community

As long as this support is held, technical analysts will be observing increased levels of resistance as it may set the range for the new phase of growth. The most important levels of resistance are at $4.77, $5.59, and $6.47. As long as the mentioned structure is held, it will considerably enhance the risk-to-reward ratio of SUI.

Also Read: SUI Eyes Recovery but Weekly Resistance Caps Upside Near $1.80

Market Opportunity
SUI Logo
SUI Price(SUI)
$1.4075
$1.4075$1.4075
-1.87%
USD
SUI (SUI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Uganda Opposition Pushes Decentralized Messaging as Election Nears

Uganda Opposition Pushes Decentralized Messaging as Election Nears

The post Uganda Opposition Pushes Decentralized Messaging as Election Nears appeared on BitcoinEthereumNews.com. Uganda’s leading opposition figure Bobi Wine has
Share
BitcoinEthereumNews2026/01/01 08:47
Gold continues to hit new highs. How to invest in gold in the crypto market?

Gold continues to hit new highs. How to invest in gold in the crypto market?

As Bitcoin encounters a "value winter", real-world gold is recasting the iron curtain of value on the blockchain.
Share
PANews2025/04/14 17:12
Cryptos Signal Divergence Ahead of Fed Rate Decision

Cryptos Signal Divergence Ahead of Fed Rate Decision

The post Cryptos Signal Divergence Ahead of Fed Rate Decision appeared on BitcoinEthereumNews.com. Crypto assets send conflicting signals ahead of the Federal Reserve’s September rate decision. On-chain data reveals a clear decrease in Bitcoin and Ethereum flowing into centralized exchanges, but a sharp increase in altcoin inflows. The findings come from a Tuesday report by CryptoQuant, an on-chain data platform. The firm’s data shows a stark divergence in coin volume, which has been observed in movements onto centralized exchanges over the past few weeks. Bitcoin and Ethereum Inflows Drop to Multi-Month Lows Sponsored Sponsored Bitcoin has seen a dramatic drop in exchange inflows, with the 7-day moving average plummeting to 25,000 BTC, its lowest level in over a year. The average deposit per transaction has fallen to 0.57 BTC as of September. This suggests that smaller retail investors, rather than large-scale whales, are responsible for the recent cash-outs. Ethereum is showing a similar trend, with its daily exchange inflows decreasing to a two-month low. CryptoQuant reported that the 7-day moving average for ETH deposits on exchanges is around 783,000 ETH, the lowest in two months. Other Altcoins See Renewed Selling Pressure In contrast, other altcoin deposit activity on exchanges has surged. The number of altcoin deposit transactions on centralized exchanges was quite steady in May and June of this year, maintaining a 7-day moving average of about 20,000 to 30,000. Recently, however, that figure has jumped to 55,000 transactions. Altcoins: Exchange Inflow Transaction Count. Source: CryptoQuant CryptoQuant projects that altcoins, given their increased inflow activity, could face relatively higher selling pressure compared to BTC and ETH. Meanwhile, the balance of stablecoins on exchanges—a key indicator of potential buying pressure—has increased significantly. The report notes that the exchange USDT balance, around $273 million in April, grew to $379 million by August 31, marking a new yearly high. CryptoQuant interprets this surge as a reflection of…
Share
BitcoinEthereumNews2025/09/18 01:01