SUI Traders Eye Discount: Is Now the Time to Buy?

SUI takes a dip after token unlock. Is it a buying opportunity for traders? Plus, AMINA Bank AG offers SUI custody and trading services.

SUI Traders Eye Discount: Is Now the Time to Buy?

SUI's recent price dip after a token unlock has traders wondering if this is the perfect opportunity to snag some SUI at a discount. Let's dive into the details!

SUI Price Drop: A Trader's Opportunity?

After a strong performance in July, SUI experienced a price correction, dropping nearly 20% to around $3.46. This decline followed a significant token unlock on August 1, 2025, which released approximately 76.27 million SUI tokens into the market.

However, crypto analyst Michael van de Poppe sees this pullback as a healthy market reversal phase. He suggests that SUI is entering an "interesting spot" and that it is possible to buy the asset at a discount. He believes the token has pulled back into a key support level, potentially offering a strong foundation for a rebound.

Bullish Fundamentals: DEX Volume and Institutional Interest

Beyond the technical analysis, SUI boasts strong fundamentals. In July 2025, SUI's decentralized exchange (DEX) volume hit a new all-time high of $14 billion, indicating robust user interest and adoption. Further bolstering confidence, Mill City Ventures recently closed a $450 million private placement tied to a new SUI Treasury Strategy.

Adding to the bullish sentiment, big players like Canary Capital and 21Shares have filed for spot ETFs focused on $SUI. Firms like Grayscale, VanEck, and Bitwise have also launched their own SUI-based investment products, signaling growing institutional confidence.

AMINA Bank AG Enters the SUI Scene

Adding another layer of legitimacy, AMINA Bank AG, a Swiss FINMA-regulated crypto bank, has become the first regulated bank worldwide to offer custody and trading services for SUI. They are also planning to offer staking services for SUI in the coming months. This move further validates SUI's potential and provides institutional clients with early access.

AMINA's Chief Product Officer, Myles Harrison, highlighted SUI's unique ability to replace Web2 infrastructure, offering efficiencies unmatched by other Layer-1s. AMINA’s SUI offering provides clients with built-in deposit and withdrawal governance designed to support compliance and audit readiness and no volume caps or trading limits so clients can size positions in line with their strategy.

Is Now the Time to Buy?

While the recent price drop may seem alarming, it could represent a strategic entry point for traders. SUI's strong fundamentals, growing institutional interest, and the endorsement from AMINA Bank AG paint a promising picture. However, as always, do your own research and invest wisely.

Disclaimer: This is not financial advice. Always conduct thorough research before making any investment decisions.

Final Thoughts

So, is SUI the next big thing? Only time will tell. But with all these developments, it certainly has the crypto world buzzing. Keep your eyes peeled, folks – this could be an interesting ride!