<ul><li>SUI is currently trading at $3.85 with moderate bullish indicators despite recent price corrections. Forecast suggests it could reach up to $8.48 by the end of 2025.</li><li>Bitlayer launched Peg-BTC (YBTC) on the Sui network, enhancing Bitcoin's utility in DeFi by replicating BTC's value in a 1:1 manner for staking, lending, and decentralized exchange functionality in Sui's ecosystem.</li><li>SUI's price has shown cyclical behavior and currently has support at $3.5807 and resistance at $4.2375. Traders have a target of $4.00 with a suggested stop loss of $3.50 to reduce downside risk.</li><li>Bitlayer's BitVM Bridge technology reduces intermediate risks, attracting over 587 BTC to the platform. SUI's potential price forecast to reach $8.48 by 2025, with innovations in BTC interoperability and DeFi enhancements.</li></ul>

SUI Targets $4.00 in Short Term—Is a New All-Time High Next?

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