SUI Price Soars 54%, Golden Cross Setup Triggers Rally Fears

The price of SUI has surged by more than 54% in the past month, reaching as high as $1.29 and currently trading at around $1.15.

This significant increase has brought the token's 50-day moving average close to crossing above its 200-day average, setting up a potential golden-cross setup.

Bitwise is expanding its real-world-asset strategy onto Sui through a yield-focused vault, targeting more than 10% net yield through tokenized assets.

The approaching golden cross and the new RWA infrastructure have traders watching whether this technical setup can extend the rally. A successful move through the recent high would strengthen the case for a broader continuation, while holding the breakout base keeps the bullish structure intact.