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Home Articles SUI Price Eyes Breakout as Stripe-Backed Sui Dollar Goes Live

SUI Price Eyes Breakout as Stripe-Backed Sui Dollar Goes Live

Joseph Alalade
Joseph Alalade
Joseph Alalade
Author:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.
Updated: March 5th, 2026

Sui coin added 3.86% in 24 hours, nudging back toward the $1 handle that has capped multiple recovery attempts over the past month. The timing is notable, as that move comes alongside the mainnet launch of Sui Dollar (USDsui), a native stablecoin issued by Bridge, a Stripe company, purpose-built for scalable finance and global payments on the Sui network. SUI price is currently trading around $0.9727, sitting in the upper range of a 30-day band between $0.8049 and $1.15.

Sui Dollar Goes Live, Expanding Ecosystem Rails

Buyers were already watching the Sui crypto ecosystem heading into March, but the launch of the Sui Dollar sharpens the fundamental case. Bridge’s Open Issuance platform handles deployment, providing the stablecoin with enterprise-grade compliance rails from day one, a detail that matters to institutions, not retail.

At launch, USDsui is live across more than a dozen DeFi protocols, including Aftermath, Suilend, Bluefin, and Cetus, meaning on-chain liquidity is immediately accessible rather than projected.

Sui posted over $111 billion in stablecoin transfer volume in January 2026 alone, so the network already has the throughput; the Sui Dollar adds a native unit of account designed to keep that activity on-chain.

The stablecoin’s GENIUS-compliance framing also signals a deliberate push toward institutional adoption, following a stretch in which names like Franklin Templeton, Grayscale, VanEck, 21Shares, and Bitwise each established Sui-linked products or investment initiatives, including three spot ETF announcements in the final two weeks of February.

SUI Crypto Eyes $1.75 After Buy Signal Triggers

Responding to the Sui Dollar launch, analyst Ali Charts flagged a TD Sequential buy signal on the 3-day chart, with the count reaching 9, a setup that historically marks exhaustion in a downtrend.

That count formed after a sustained sell-off from the all-time high of $5.35, hit in January 2025. SUI price has since shed over 81% from that peak. The current 24-hour range of $0.9238 to $0.9898 shows buyers stepping in consistently above the $0.92 area, which has acted as soft support across multiple sessions.

Ali Charts identifies $1.00 as the immediate threshold; a clean break there opens the path toward $1.75, which corresponds to a prior consolidation zone visible on the 3-day structure. The 30-day low of $0.8049 defines the floor that traders would need to defend to keep the current structure intact.

For the SUI price prediction framework to hold, the $1 level needs to flip from resistance to support; until then, the technical setup is constructive but unconfirmed. The combination of a fresh ecosystem catalyst and a maturing buy signal on a higher timeframe gives the setup more weight than a standalone chart read would.

READ MORE: Zerohash Submits Application for National Trust Bank Charter With the OCC

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Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.