The SUI price has drawn significant attention after rebounding from the $1.8–$2.1 demand zone, a level many analysts view as a strong accumulation area. Analysts are optimistic that the region may lead to a prolonged recovery, which is backed by the rising on-chain sentiment. 

In the meantime, the SUI-Bluefin merger has brought new hope to the institutional growth of the network. This association seems to be building trust in professional investors, which is an indication of increased trust in the basics of the project.