Sui is currently trading at $1.00, as of February 26, 2026, up 15.21% in the past 24 hours, with trading volume climbing to $734.57 million, according to CoinMarketCap.
The surge coincides with the official launch of TSUI, a U.S.-listed spot SUI ETF on Nasdaq issued by 21shares, offering investors a regulated and high-liquidity way to access Sui’s blockchain ecosystem.
The ETF approval follows SEC clearance, making TSUI one of the first fully compliant vehicles for U.S. investors to gain direct exposure to Sui through their existing brokerage accounts. The move signals growing institutional confidence in Sui’s technical infrastructure and broader adoption potential.
SUI USDT Pair Consolidation Range
Crypto analyst Umair Crypto highlights critical BTC-paired trading levels for SUI. The 0.0001351 BTC mark serves as near-term support, absorbing multiple breakdown attempts, while 0.0001442 BTC acts as key resistance.
Analysts note that a sustained close above 0.0001372 BTC could trigger a breakout, reclaiming key moving averages and signaling short-term bullish momentum for USDT-paired trading.
On the USDT pair, SUI has been consolidating between $0.92 and $1.08. Recent attempts to break lower quickly reversed, indicating strong support.
The relative strength index (RSI) is trending upward, hinting at a potential short-term reversal or bounce toward the upper boundary of the consolidation range. Trading volumes remain moderate, suggesting any breakout will require increased buying pressure.
Also Read | Sui Price Forecast: Can SUI Reach the $1.50 Target in March 2026?
TSUI Launch Marks Key Milestone for Sui
TSUI marks a milestone for Sui’s growth as a global payments and financial platform. Built on the Move programming language, Sui enables sub-second finality, parallel execution, and scalable throughput, supporting tokenization, stablecoins, BTCfi, and decentralized finance applications.
Evan Cheng, Co-Founder and CEO of Mysten Labs, the original contributor to Sui, stated, “TSUI broadens access to Sui’s on-chain economy, which has already attracted major institutional participants.”
Duncan Moir, President of 21shares, emphasized that the spot ETF complements their earlier leveraged SUI products, giving U.S. investors a straightforward, compliant way to participate in the ecosystem.
The launch of TSUI is part of a broader trend of institutional-grade crypto products entering regulated markets. Investors should note that SUI remains a volatile digital asset, and TSUI provides a regulated vehicle but does not eliminate market risk.
Also Read | SEC Approves 21Shares’ Sui ETF: Could it Push the Price Above $1?