SUI Price: How High Can SUI Go Following Nasdaq ETF Filing?
1 min read
Nasdaq’s 19b-4 filing marks a key step toward the first U.S. SUI spot ETF approval SUI holds $3.40 support as buying pressure builds near key resistance at $3.55 MACD crossover and RSI at 53.5 point to rising bullish momentum for SUI price SUI, the native token of the Sui blockchain, is making headlines again. This time, the catalyst is a major regulatory milestone: Nasdaq has filed a 19b-4 form with the U.S. Securities and Exchange Commission to list the 21Shares SUI ETF. This move officially begins the regulatory review process for the first U.S.-based spot ETF tied to SUI. The filing builds on an earlier S-1 registration by 21Shares and follows successful ETF listings in European markets, including Paris and Amsterdam. The news is pushing market optimism higher, as investors anticipate broader access and growing institutional adoption. How the SUI Price Is Reacting to the ETF News SUI is currently trading at $3.50 , up 3.32% for the day. The price has displayed an upward trend, overcoming early-session volatility. After an initial dip, SUI surged to $3.55 before consolidating slightly. The intraday chart suggests consistent buying support, with highe… The post SUI Price: How High Can SUI Go Following Nasdaq ETF Filing? appeared first on Coin Edition .

Source: Coin Edition