Something big is happening with SUI right now. Veteran trader Peter Brandt just called a “major bottom” on the weekly chart, and the market is listening. With a 20% surge in 24 hours, a flood of institutional moves, and a massive new privacy feature on the way, SUI is suddenly back in everyone’s conversation.
Peter Brandt’s Bold Call That Moved the Market
Peter Brandt, one of the most respected names in technical trading with decades of reading price charts, posted on X on May 11 that SUI has formed a “major bottom” on its weekly chart. His exact words were clear and direct: the price will trend “substantially higher from current levels” in the weeks ahead. That kind of call from Brandt carries serious weight. He previously called the top of the 2025 bull market while Bitcoin was still riding above $100,000. When he speaks, traders pay attention. The bottom formed after SUI fell sharply from its $5 highs last year. The price then rebounded from support near the $0.90 level, posting a 20% rise to $1.31 over just 24 hours and a nearly 50% gain within a week. Trading volume has also jumped 290% over the past 24 hours, which is a signal traders and analysts watch closely for signs of a real move rather than a dead cat bounce. **The chart pattern and the explosive volume together suggest this is not just noise. This could be the early phase of a larger reversal.** Other well-known voices in the crypto space, including analysts Ted Pillows and Crypto Tony, have also flagged further upside potential for SUI in the days ahead.
Free Private Payments Are Coming to Sui This Year
The technical breakout is not happening in a vacuum. There is a fundamental story underneath it, and it is a strong one. Adeniyi Abiodun, Sui’s co-founder and chief product officer, announced on May 10 that the network will launch a privacy-focused confidential transaction feature within the year. The feature could allow the broader internet to use privacy-first free payments at scale on Sui. Key features include zero-fee stablecoin transfers and privacy-preserving mechanisms that maintain full regulatory compliance. This is a critical point. Unlike privacy coins such as Monero or Zcash, Sui’s approach centers on user-controlled disclosure, where on-chain activity remains private by default but can be selectively shared with parties who need access. Abiodun positioned the planned functionality as “first class primitives” embedded at the protocol level, calling it infrastructure other teams can build on. “It’s going to be a protocol primitive, so everybody can use it,” he said. Here is what the confidential transaction feature is set to offer:
- Zero-fee stablecoin transfers for everyday users
- Transaction details visible only to the sender and recipient
- Full regulatory compliance through selective disclosure
- Protocol-level privacy built into the chain’s core design
- Future expansion to stocks, bonds, and real-world assets after stablecoin support
The privacy system is designed at the protocol level, not as a separate layer. Because the confidentiality features sit inside the chain’s core design, applications can access them using standard tools, while users avoid extra steps that often come with add-on privacy solutions.
Institutional Moves Are Piling Up for SUI
Beyond the price action and the privacy announcement, a wave of institutional interest is clearly building around Sui’s ecosystem. Nasdaq-listed SUI Group Holdings (SUIG) held 108.7 million SUI tokens as of May 4, 2026, with the majority actively staked to generate yield. Staking activity produced roughly 5,200 SUI per day, contributing to approximately $300,000 in cumulative income since July 2025. This holding corresponds to 2.7% of SUI’s circulating supply. SUIG stock also jumped 11% to $1.79, reflecting the market’s reaction to this level of commitment to the Sui blockchain. The strategy is focused on deploying capital that can generate returns above native staking rates. SUIG partners with institutional-quality teams across the SUI ecosystem, structures transactions that produce incremental yield denominated in SUI, and builds a portfolio of protocol-linked economics designed to compound alongside network growth. SUI Group is the only publicly traded company with an official Sui Foundation relationship, providing institutional-grade exposure to the SUI blockchain. That is a distinction that sets it apart from any other public company in the crypto space today. CME Group listed regulated futures contracts for SUI on May 4, 2026, giving institutional traders their first access to the token through a US-regulated derivatives exchange. For SUI, the contracts come in 5,000-token and 50,000-token sizes, offering flexibility for both smaller and larger institutional players. Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products, stated that the new micro and larger-sized Sui futures will provide clients with “greater choice, enhanced flexibility and more capital efficiencies across our deeply liquid, regulated Crypto derivatives complex.”
What the Road Ahead Looks Like for SUI
The convergence of these three forces, which are a veteran trader’s technical signal, a groundbreaking privacy upgrade, and a surge in institutional access, is creating a rare setup for SUI. Sui blockchain generated $18.8 million in revenue during 2025, surpassing Arbitrum’s $16.3 million and significantly exceeding Polygon’s total. This achievement is particularly notable given Sui’s relative youth, as the network launched in May 2023, making it just 2.5 years old by end of 2025. The blockchain recently processed 866 transactions per second under real on-chain conditions, not in a stress test or simulation. That kind of raw performance, paired with incoming institutional products, is the foundation for sustained growth. Sui also plans to launch a prediction market, which will enable users to bet on any asset at any price with leverage, through its DeepBook protocol. This adds another layer of utility to the ecosystem that could drive fresh user activity and further demand for the SUI token. Here is a quick snapshot of where SUI stands right now:
| Metric | Current Data |
|---|---|
| 24-Hour Price Gain | Over 20% |
| Weekly Gain | Almost 50% |
| Trading Volume Jump | 290% in 24 hours |
| SUIG SUI Holdings | 108.7 million SUI (2.7% of supply) |
| CME Futures Launch | May 4, 2026 |
| Confidential Transactions | Planned for 2026 |
Beginning May 29, CME will flip every crypto futures and options product to 24/7 trading, eliminating the weekend gap that has been a structural headache for institutional hedgers since CME launched Bitcoin futures in 2017. For SUI, that means around-the-clock regulated access for institutions who previously had no clean way to participate. There is still risk to consider. SUI touched the 200-day simple moving average on the daily chart after the initial spike, prompting some profit taking. Any sustained move higher will depend on whether buyers continue to show up with conviction at current levels and whether the broader crypto market remains supportive. Still, when you put it all together, the picture is hard to ignore. A respected technician calling a major bottom, free private payments set to launch on a blockchain that just hit record transaction speeds, a Nasdaq-listed company holding nearly 3% of the total supply, and institutional-grade futures now live on CME. SUI is no longer just a forgotten altcoin waiting for its turn. It is making its case right now, loudly, and on multiple fronts. Whether this rally holds and builds into something much larger will be the story to watch in the weeks ahead. What do you think about SUI’s comeback? Drop your view in the comments below.
