Sui Price Jumps 30% in a Week as SUI Reclaims $2 Level

Source: CoinEdition Original Title: Sui Price Jumps 30% in a Week as SUI Reclaims $2 Level Original Link:

• SUI rebounded 30% in a week, reclaiming $2.00 for the first time since mid-November.
• Price recovery occurred alongside a ~95% drop in social dominance and muted retail activity.
• Volume jumped over 70% as SUI pulled back to $1.92 after breaking a descending trendline.

Sui (SUI) recorded a weekly advance at the start of 2026, climbing 30% over seven days as the token briefly jumped above the $2.00 level for the first time since mid-November. The move capped a recovery phase following a prolonged decline through much of late 2025, according to market and social data tracked during the period.

Data shared by blockchain analytics firm Santiment shows that SUI’s price increase surged despite a continued decline in sentiment and social dominance. The token registered a cumulative gain of about 43% from Dec. 1, when it was trading near $1.31, to its recent move above $2.00. The December price level represented an approximate 69% drawdown from SUI’s July 27 peak near $4.43.

Santiment’s charted data indicates that the July high coincided with high social dominance and widespread online discussion. As prices fell through the second half of 2025, those social metrics declined. By early December, social dominance had declined by roughly 95%, pointing to a large reduction in speculative participation as prices moved lower.

Recovery Emerges During Low Participation Phase

The recent rebound occurred while discussion volumes across social platforms remained subdued. Santiment noted that SUI’s current discussion rate remains extremely low compared to earlier peaks, even as the price has reclaimed levels not seen in several months. This divergence between price action and attention coincided with broad gains across other altcoins, particularly meme tokens.

At the time of the rebound, SUI’s market capitalization stood near $7.31 billion. Circulating supply was reported at approximately 3.79 billion tokens, out of a total and maximum supply of 10 billion.

SUI Technical Levels and Current Market Activity

Chart observations shared by analyst Lucky showed SUI breaking above a long-term descending trendline that had defined the late 2025 period. The breakout occurred after price stabilization within a demand zone between roughly $1.00 and $1.20, following multiple failed rallies earlier in the year.

As of press time, SUI was trading at $1.92, down about 1.1% over the past 24 hours. The trading volume rose, increasing by more than 70% to approximately $1.68 billion.