Sui Blockchain to Launch Confidential Transactions This Year
- Confidential Transactions Launch: Sui co-founder Adeniyi Abiodun announced the upcoming launch of confidential transactions in 2026, aiming to provide users with selective privacy protection, which is expected to attract more users and enhance the network's competitiveness.
- Stablecoin Volume Milestone: Since August 2025, the Sui network has processed over $1 trillion in stablecoin transactions, currently holding approximately $643.03 million in total value locked, demonstrating its strong performance in the decentralized finance (DeFi) sector.
- Market Focus on Privacy Assets: With increasing attention from traders and institutional investors, privacy tokens like Zcash have surged over 78% in the past month, reflecting strong market demand and investment interest in privacy technologies.
- Technical Challenges and Future Outlook: Despite experiencing several hours of downtime in early 2026, SUI token's price has risen from $0.91 to $1.27 in May, marking a growth of over 37%, indicating market confidence and interest in its future development.
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Technical Analysis for SUI
Technical Sentiment Analysis for Sui (SUI). As of , Sui (SUI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SUI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SUI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sui (SUI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.317 | 0.614 | 0.827 | 1.125 | 1.338 | 1.635 | 1.849 |
| Fibonacci | 0.614 | 0.809 | 0.93 | 1.125 | 1.32 | 1.44 | 1.635 |
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