Sui Price Eyes 60% Rally as OI Hits $1.8B Record High Amid Meta’s Stablecoin Plans

Sui (SUI) price at $3.885 jumped 21% on May 8, with the Bitcoin price surge to $104k fueling altcoins rally. As Meta restarts stablecoin discussions, the spotlight is back on Sui with technical signals projecting a 60% rally ahead. Additionally, supporting this double-digit projection is the token’s network expansion and open interest surge.