$SUI
As of February 18, 2026, Sui (SUI) is navigating a complex "rebase" period. After becoming one of the top-performing Layer 1 networks in 2025, it is currently battling to maintain its footing above psychological support levels amidst broader market cooling.
SUI Market Snapshot
Current Price: Approximately $0.96 – $0.98
Market Cap: ~$3.72 Billion (Ranking #27–#31 globally).
24h Volume: ~$440 Million (indicates healthy liquidity).
Historical Context: Trading significantly below its early 2025 high of $5.35, SUI is currently in a deep corrective phase but remains well above its 2023 lows ($0.36).
Technical Analysis
SUI's price action is currently defined by a "falling trend channel," but there are early signs of volatility compression that often precede a move.
Support Levels: The $0.92 – $0.95 range is the current "iron floor." Bulls are fighting hard to keep the price from sliding into the $0.80s.
Resistance Levels: Immediate resistance sits at $1.15. For a true bullish reversal, SUI needs to reclaim the $1.40 level (where the 50-day EMA currently sits).
Indicators: The RSI is hovering near 30–36, suggesting the asset is approaching oversold conditions. While the trend is bearish, this often attracts "dip buyers" looking for a relief bounce.
Key Market Drivers
The "Sui Stack" (S2) Launch: 2026 marks the rollout of the S2 toolkit, a standardized developer SDK. This has kept developer activity high despite the price drop, as it simplifies building high-speed DeFi and gaming apps.
Token Unlock Pressure: The market is currently pricing in a scheduled release of 43.35 million SUI on March 1, 2026. This "unlock overhang" often creates short-term price suppression as traders anticipate potential selling pressure.
Institutional Traction: Grayscale’s SUI Trust and partnerships with major exchanges (like Bybit’s Lazarus Security Lab reports) continue to keep SUI in the "institutional conversation" as a primary competitor to Solana.