Sui Gets a Big Bitcoin Upgrade and More Treasure

by SK
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Threshold Network and Sui moved to the second phase of their tBTC integration, advancing Bitcoin’s role in decentralized finance. The upgrade introduces leveraged yield strategies and streamlined cross-chain flows, positioning Sui as a growing hub for Bitcoin-backed financial activity.

Phase 1 Launch in Review. Source: Threshold Network / Sui

In Phase 1, users deposited more than $10 million in tBTC on Alphalend, Sui’s lending protocol, and engaged in liquidity pools across the ecosystem. That initial deployment established Bitcoin’s presence within Sui DeFi. With Phase 2, developers are moving from experimental testing toward live, functional infrastructure that can scale.

The addition of leveraged strategies allows participants to expand yield opportunities while keeping Bitcoin fully collateralized. This development also strengthens interoperability between Bitcoin and the Move-based Sui blockchain, underlining the project’s focus on bridging assets across major networks.

Institutional Support Grows Through SUI Group

At the same time, institutional confidence in the network is deepening. SUI Group Holdings, a Nasdaq-listed company aligned with the Sui Foundation, expanded its SUI token treasury to more than 101.8 million tokens, valued at roughly $344 million.

The increase stems from a private placement arrangement with the Foundation that also provides the company with $58 million in cash reserves for additional acquisitions. This treasury expansion positions SUI Group as one of the largest institutional holders of Sui tokens, linking corporate finance directly to blockchain infrastructure.

Executives describe the move as a long-term strategic bet on Sui’s role in digital asset adoption. By converting corporate resources into blockchain-native assets, the firm seeks to align itself with a growing ecosystem that blends institutional finance with decentralized platforms.

Ecosystem Significance

Together, these developments highlight Sui’s dual track of growth. On one hand, its technical architecture is opening space for Bitcoin integration and advanced yield strategies. On the other, institutional stakeholders are committing large reserves to ensure liquidity, stability, and governance alignment.

This combination underscores Sui’s evolving position in the broader blockchain sector. As networks compete for developer activity and institutional capital, Sui’s integration of real assets and corporate backing marks it as a platform aiming to bridge traditional finance with decentralized systems.

Sui Forms Falling Wedge With Breakout Potential

The chart dated September 4, 2025, shows SUI/USD trading near $3.30 on Binance. The price structure has created a falling wedge pattern, which is a bullish formation that appears when downward-sloping trendlines converge, often signaling a reversal and breakout to the upside.

SUI/USDT Falling Wedge Pattern, September 4, 2025Source: TradingView
SUI/USDT Falling Wedge Pattern, September 4, 2025. Source: TradingView

In this case, the wedge has narrowed since mid-July, with lower highs and consistent support around the $3.00 level. Volume has gradually declined, matching the typical behavior of a falling wedge before a potential breakout. The 50-period exponential moving average (EMA) sits around $3.34, close to current price action, suggesting that bulls are testing resistance.

If Sui confirms a breakout above the wedge resistance, the measured move target projects a gain of nearly 67% from current levels. This would place the price around $5.53, aligning with historical resistance levels marked in July. A surge in volume alongside such a move would validate bullish momentum.

For now, Sui remains in consolidation, but its structure points toward an upcoming test of the upper boundary. A sustained close above $3.40 would reinforce the probability of a breakout, while maintaining support above $3.00 is essential for the bullish case to remain intact.

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Sui MACD Signals Momentum Shift

The chart dated September 4, 2025, shows the MACD (12, 26, close) indicator for SUI/USDT. At present, the blue MACD line is trading slightly above the orange signal line, while the histogram has turned positive but remains close to the zero baseline. This alignment reflects a cautious but emerging bullish momentum.

SUI/USDT MACD Indicator, September 4, 2025Source: TradingView
SUI/USDT MACD Indicator, September 4, 2025. Source: TradingView

Earlier in August, the MACD printed several deep negative cycles, confirming bearish pressure as price consolidated inside the falling wedge pattern. Each recovery attempt was short-lived, with the MACD crossing above zero briefly before rolling back down. However, the most recent movement signals a potential change in trend. The histogram bars have grown in the green, and the MACD line’s position above the signal line shows that buyers are gaining traction.

If this crossover sustains and the histogram continues to expand, momentum could strengthen in line with the falling wedge breakout pattern noted on the price chart. That would reinforce the bullish case, potentially supporting a move toward the $5.53 target projected earlier. A reversal below the zero line, however, would weaken this scenario and signal that bearish pressure remains.

In conclusion, the MACD suggests momentum is shifting upward, though confirmation depends on sustained expansion in green histogram bars and stability above the zero baseline. This indicator aligns with the technical outlook for a possible breakout.

Sui RSI Points to Neutral but Improving Momentum

The chart dated September 4, 2025, displays the Relative Strength Index (RSI, 14 close) for SUI/USDT. The current RSI level stands at 47.30, while the RSI moving average hovers near 51.27, placing the token in a neutral zone. This range reflects a balance between buyers and sellers, with neither side fully in control.

SUI/USDT RSI Indicator, September 4, 2025Source: TradingView
SUI/USDT RSI Indicator, September 4, 2025. Source: TradingView

During late July, the RSI climbed into overbought territory above 70, signaling strong bullish momentum. That phase quickly reversed in early August, when RSI dipped below 30, marking oversold conditions that coincided with Sui testing its wedge support line. Since then, RSI has oscillated within the mid-range, indicating consolidation rather than trending strength.

At present, the RSI is slightly below its moving average, hinting at short-term hesitation. However, the broader setup suggests that momentum is stabilizing after weeks of volatility. If RSI pushes back above 55 and sustains there, it would confirm strengthening bullish energy in line with the wedge breakout pattern identified earlier. Conversely, a dip below 40 would increase the likelihood of retesting lower support levels around $3.00.

In conclusion, Sui’s RSI points to a consolidation phase, but its position near mid-range levels keeps the potential open for renewed upward pressure, especially if buying strength confirms in the coming sessions.

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