Sui Price Targets $9.5 as Figure Brings SEC-Approved Yield Token YLDS to Sui

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Sui targets $9.5 after Figure launches SEC-approved yield token YLDS on the network.

Highlights

  • Sui consolidates within a symmetrical triangle, signaling strong breakout potential ahead.
  • Figure launches SEC-approved YLDS token on Sui, expanding institutional yield opportunities.
  • REX Shares and Osprey Funds file ETFs tied to Sui, boosting regulatory visibility.

Sui price has attracted renewed market interest after its strategic collaboration with Figure Technology Solutions brought the SEC-approved YLDS token to its ecosystem. The move allows Sui users to earn yield from tokenized Treasurys directly through the DeepBook trading platform, strengthening the network’s institutional utility. Meanwhile, the daily chart reveals a tightening price structure near $2.8, suggesting that a breakout phase could soon emerge.

Sui Price Consolidates Within a Symmetrical Triangle Ahead of Major Breakout

Sui price continues to consolidate within a symmetrical triangle pattern, signaling a period of equilibrium between buyers and sellers. The pattern has tightened notably near the Sui’s current market value at $2.8 range, where price action keeps forming higher lows while meeting consistent resistance near $3.97. 

This narrowing structure indicates reduced volatility but rising pressure for a decisive move. The 0.618 Fibonacci retracement level at $2.67 serves as the key demand zone, with bulls actively defending it to sustain structure integrity. 

A breakout above the descending resistance line could confirm bullish dominance, paving the way toward $6.08 and eventually $9.50, as projected by the 1.618 and 2.618 extensions. 

Meanwhile, the long-term Sui price forecast highlights this consolidation phase as a foundation for potential expansion once trading volume expands. 

Therefore, the breakout direction will likely define whether Sui transitions from accumulation to a sustained upward rally, supported by institutional catalysts and renewed on-chain activity.

Sui price action
SUI/USDT 1-Day Chart (Source: TradingView)

Sui Strengthens Institutional Presence With Figure’s SEC-Approved YLDS Integration

Sui’s Partnership with Figure Technology Solutions to Deploy YLDS token on Sui marks marks a major institutional milestone. The yield-bearing instrument is backed by short-term Treasurys and repurchase agreements for enhanced credibility.

It offers daily yield accruals, paid monthly, and mirrors the Secured Overnight Financing Rate minus 35 basis points. DeepBook users can now earn regulated yield while supporting the platform’s upcoming margin trading features.

The partnership also introduces a direct fiat on- and off-ramp, removing dependence on centralized exchanges. As stablecoins convert automatically into YLDS, liquidity within the Sui network is expected to expand significantly.

Meanwhile, REX Shares and Osprey Funds’ ETF filings with the SEC, including one tied to Sui, add another layer of institutional visibility to the network. Consequently, the move positions Sui as a leading Layer-1 ecosystem bridging blockchain-native and traditional finance sectors.

Conclusively, The Figure partnership underscores Sui’s ambition to merge compliance with DeFi innovation. As YLDS expands yield opportunities, investor confidence in Sui’s ecosystem may strengthen. If the price clears resistance near $3.97, a mid-term climb toward $6 and $9.5 remains plausible. Therefore, the fusion of technical compression and institutional capital could mark the beginning of Sui’s next major rally cycle.

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Frequently Asked Questions (FAQs)

1. What is the YLDS token on Sui?

YLDS is an SEC-approved, yield-bearing debt instrument backed by short-term Treasurys and repos.

2. How does Figure’s partnership benefit Sui?

It enables Sui users to earn regulated yield and access fiat ramps without centralized exchanges.

3. Why are ETF filings significant for Sui?

They increase institutional exposure, adding credibility and long-term adoption potential for the network.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.