After a period of declining prices, SUI is witnessing a positive reversal, moving back into a bullish range. The possibility of reaching a new all-time high (ATH) is fueled by recent market movements.
This upward trend is supported by SUI's latest initiatives, including the introduction of Bitcoin staking functionalities. Collaborations with Babylon Labs and Lombard contribute to positive market sentiment.
The combination of these factors suggests SUI might be on track to hit the $5 target, showcasing a promising outlook for investors.