SUI Price Analysis: Token Eyes $20 Target as Network Upgrades and Institutional Interest Converge

TLDR:

• SUI completed accumulation between $1.50 and $1.30, delivering 45% returns with bullish targets at $5, $10, and $20.
• The network transitions to Sui Stack, featuring protocol-level privacy, the native USD stablecoin, and gas-free transfers.
• Bitwise filed for the spot SUI ETF while the network maintains 866 TPS, signaling growing institutional recognition.
• Analysts project a $2.10 macro target for February with a bullish thesis valid above the $1.20 weekly support level.

SUI trades at $1.94 as of writing after completing a technical accumulation phase on weekly charts. Market analysts project substantial upside potential for the Layer-1 blockchain token. 

The cryptocurrency has demonstrated resilience following a deep correction from 2024 highs. Technical structure suggests smart money participation during the re-accumulation period. 

Network fundamentals continue strengthening alongside protocol upgrades scheduled for the first quarter of 2026.

Technical Structure Points to Multi-Dollar Targets

Cryptocurrency analyst CryptoPatel identified a high-timeframe accumulation zone between $1.50 and $1.30. 

The analyst noted that SUI has completed a liquidity sweep at lows. A strong weekly bullish order block has formed within this range. The token has already delivered approximately 45% returns from the identified entry zone.

The technical framework shows a fair value gap overlapping with the demand zone. The rising channel structure remains intact across multiple timeframes. 

CryptoPatel established price targets at $5, $10, and $20 for SUI. The bullish thesis remains valid as long as the token holds above $1.20. A weekly close below this level would invalidate the current setup.

The analyst emphasized this represents a patience-based weekly setup for spot traders. Risk-reward metrics appear favorable given the identified support levels. 

Market participants who entered near the $1.30-$1.50 zone have already captured substantial gains.

Protocol Upgrades and Institutional Interest Drive Momentum

Altcoin Buzz reported that Sui is transitioning to Sui Stack, abbreviated as S2. The first quarter roadmap includes protocol-level privacy features. 

The network will introduce USDsui, a native stablecoin integrated at the protocol level. Gas-free stablecoin transfers represent another significant upgrade scheduled for implementation.

Network activity metrics show sustained performance at 866 transactions per second. This throughput demonstrates the blockchain’s capacity to handle substantial traffic volumes. 

Bitwise has filed for a spot ETF focused on SUI tokens. The filing marks growing institutional recognition of the network.

Industry observers position SUI as a direct competitor to established Layer-1 networks. The combination of technical upgrades and institutional interest creates multiple catalysts. 

Altcoin Buzz projects a macro target of $2.10 for February 2026. The convergence of technical patterns and fundamental developments suggests potential for continued upward momentum.