SUI Price: $1.71 Breakout as Coinbase NY Listing & AI Agents Boost Network Utility 23%

SUI Soars 23% as Coinbase Expands Support to New York and AI Trading Agents Boost Network Utility

Sui (SUI) posted impressive daily gains, jumping more than 23% in the past 24 hours as a wave of new developments fueled renewed confidence in the ecosystem. The strong move followed Coinbase’s confirmation that SUI is now available to New York residents, one of the strictest regulatory jurisdictions in the United States.

The exchange announced that users in New York can now buy, sell, convert, send, receive, and store SUI across both its iOS and Android apps. The expansion significantly strengthens SUI’s regulatory clarity, market accessibility, and near-term liquidity.

While the Coinbase listing update was the catalyst, traders reacted even more strongly to what it signaled: deeper U.S. market penetration, stronger onboarding support, and broader institutional-grade availability for the Sui ecosystem.

AI-Powered Trading Agents Launch on Sui Through Bluefin

Adding to the bullish momentum, the Sui Network highlighted a major ecosystem upgrade: 0xbeepit is deploying AI-powered trading agents through Bluefin, one of Sui’s leading trading platforms.

The integration introduces automated execution tools designed to leverage Sui’s high-speed infrastructure, including:

• Parallel transaction processing

• Low latency

• Real-time on-chain architecture

Early trader reactions framed the new feature as a fresh utility layer for SUI, noting that automated agents could:

• Increase throughput

• Improve order flow

• Enhance liquidity efficiency

This narrative reinforced already-strong sentiment and helped sustain the upside move.

SUI Network Activity Surges to Multi-Month Highs

Network usage is also accelerating. According to Suivision, Sui’s Daily Transactions climbed from 8 million on November 29 to roughly 15.1 million on December 1—the highest level recorded on the displayed chart.

The sharp rise in activity suggests:

• Expanding application usage

• Higher on-chain engagement

• Strengthening ecosystem fundamentals

Whales show renewed interest

Data from CryptoQuant shows repeated clusters of large-size spot orders in the current price region, signaling accumulation efforts from major holders.

Whale demand combined with rising network usage created a strong foundation for the recent rally and built expectations for short-term continuation.

Can SUI Extend Its Momentum? Key Levels to Watch

SUI broke above the key daily resistance at $1.62 and climbed toward $1.71 at press time. The breakout has shifted focus toward the next major resistance:

Resistance to watch:

• $2.23 — A key supply zone on the daily chart

Despite the strong upside move, SUI still carries a broader bearish structure from previous weeks. The descending trendline support, however, has prevented deeper losses and provided room for the recovery push seen this week.

Market drivers supporting the rally

Traders are now focusing on three critical bullish factors:

1. Expanded U.S. market access via Coinbase’s support for New York

2. Renewed whale accumulation reflecting strong spot interest

3. New AI-driven utility through automated trading agents on Bluefin

If buying pressure remains consistent, these drivers may turn the current recovery into a sustained trend, potentially sending SUI toward the next resistance cluster in the coming sessions.

Oleg Dimitrov publication: "SUI Price: $1.71 Breakout as Coinbase NY Listing & AI Agents Boost Network Utility 23%" was written for 24crypto.news

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