Core Insights - SUI, the native token of the Sui blockchain, has seen a 5% increase following the announcement of its first native stablecoins, USDi and suiUSDe, indicating renewed investor interest and outperforming the broader crypto market [1] Market Performance - SUI's price rose from $3.42 to $3.58, breaking through key resistance at $3.56 and establishing new support at $3.55, supported by rising trading volume [2] - The CoinDesk 20 Index, a measure of top digital assets, increased by 2.5% over the same 24-hour period, highlighting SUI's strong performance relative to the market [1] Institutional Adoption - Growing institutional interest is evident as Coinbase Derivatives plans to list SUI futures contracts on October 20, which may attract more professional traders [2] Retail Demand - Retail demand is increasing, particularly in South Korea, where the payments platform t'order has integrated SUI for transactions using a Korean-won stablecoin, leading to a surge in trading volume [3] Technical Analysis - SUI has traded within a range of $0.19 between $3.39 and $3.58, with a significant volume spike of 10.87 million tokens, surpassing the daily average of 10.44 million, indicating heavy accumulation [4] - The price chart shows a series of higher lows, a classic signal of an uptrend, suggesting potential for further gains [4] Future Outlook - If buying pressure persists, SUI may soon test the psychological resistance level of $3.60, positioning it as one of the best-performing tokens in the market due to product development and strengthening institutional ties [5]