SUI Price Surges 20.96% as Coinbase Opens NY Trading and Breaks Key Resistance

SUI vaulted 20.96% over the last 24 hours, topping the crypto market’s 6.18% advance. This uptick comes amid improving liquidity and renewed risk appetite, with the token trading at or near fresh intra-day highs as buyers re-enter the market and chase momentum in the sector.

According to CoinMarketCap’s AI-driven analysis, three catalysts underpin the move: Coinbase opening SUI trading for New York residents, a breakout above critical resistance, and orderly absorption of the upcoming token unlock.

Analysts caution that, while the catalysts appear credible, traders should monitor on-chain activity and exchange policies as the narrative evolves. Sustained momentum would hinge on continued liquidity access and risk controls rather than speculative headlines, supporting a disciplined approach to positioning in this SUI corridor.