Sui Price Prediction: Can $500M in Bitcoin Capital Send SUI Soaring?

A post says Sui's Hashi initiative is targeting over $500M to bring Bitcoin-backed finance on-chain, with Anchorage Digital in the coalition. Can that lift SUI? Not by itself. It is a target, not funds already on the network, and the price still sits inside a falling channel just under $1.00. 

This Sui Price Prediction checks the posts, the liquidation data and the daily chart, then lists the levels to watch.

Market data checked on October 23, 2026, at 17:05 IST.

Sui Price Prediction Today: Market Overview

Sui News Today: Hashi Targets $500M for Bitcoin Finance

Kyle Chassé posted that Hashi targets over $500M in committed capital to bring Bitcoin-backed finance on-chain and that Anchorage Digital is part of the institutional coalition. On-chain means recorded and run on a blockchain.

Source: Data From X

He asks whether Sui can turn that interest into onchain demand. CoinGabbar could not verify the figure or the coalition, so treat both as claims.

SUI Buybacks: 915,800 Tokens Year to Date

MSB Intel posted that Sui buybacks have reached 915,800 SUI this year, funded by stablecoin yields and execution fees. A buyback uses revenue to buy tokens on the market, and stablecoins are tokens pegged to a currency like the dollar.

At the chart price, 915,800 SUI is about $0.91M. CoinGabbar could not verify the total or its funding.

SUI Price Outlook: A 2027 and 2028 Bullish Call

Sui Insiders posted that the charts suggest a very bullish outlook for 2027 and 2028. It shows no chart, level or method, so it reads as an opinion.

SUI News: SUI Liquidation and Futures Volume

A liquidation happens when an exchange force-closes a leveraged trade because the trader can no longer cover losses. Longs bet on a rise, and shorts bet on a fall. Coinglass shows:

Source: Data From CoinGlass

Longs took about 87% of the $763.01K liquidated over 24 hours and about 66% of the 12-hour total. Falling price forces long trades closed, which fits a market sliding inside its channel.

Coinglass futures volume leads with Binance at $168.00M, MEXC at $71.04M, OKX at $66.23M and Bybit at $48.18M. The screenshot gives no time window.

Sui Price Prediction: SUI Tests the Top of Its Falling Channel

A channel is a pair of sloping trend lines that hold price inside a range. SUI peaked in late September and has moved lower inside a falling channel since. 

Price is still inside it and sits just under the upper line. Today's candle opened at $0.97159, touched a high of $1.00206 and closed the reading at $0.99008.

A daily close above the upper line would be a channel breakout. Until then, the move is a bounce.

Sui Forecast: Support and Resistance Levels

Bull case: A daily close above the channel's upper line and then $1.04987 would signal a breakout, with $1.14916 next.

Bear case: A slide to $0.85128 opens if SUI closes a day below $0.95057, since that would lose the first marked support.

SUI Scenarios and Invalidation (October 23, 2026)

Sui Price Prediction: Can Sui Reach $1.26397?

It would take a gain of about 28% from $0.99008. Any Sui prediction near that level needs more than headlines, since SUI must leave the channel and pass $1.04987 and $1.14916 first. 

A Bitcoin finance target and a buyback total do not guarantee that path.

Sui Price Prediction 2026: Expert View

The main risk is a daily close below $0.95057, which would put the first marked support in doubt.

Disclaimer

This article is for informational purposes only and isn't financial advice. Crypto markets are volatile. Always do your own research before making any trading decisions involving SUI.