News View Non-AMP

Will SUI Price Push Toward $2 With Gasless Transfers?

Published by
Yash Jain

The SUI ecosystem just crossed into the part of crypto where users stop caring about wallets screaming for gas fees every five minutes. And traders noticed immediately.

SUI price climbed roughly 10% intraday and traded around $1.10 after the network confirmed validators had officially reached quorum for its long-awaited protocol upgrade enabling gasless stablecoin transfers.

The upgrade is scheduled to go live at the next epoch change on May 21 at 1:30 PM PT.

Gasless Stablecoin Era Finally Arrives

Here’s what matters: users and businesses will now be able to send supported stablecoins peer-to-peer without paying gas fees directly. That’s not some flashy side feature buried inside a roadmap thread either. This is protocol-level infrastructure.

And honestly, that changes the conversation around onboarding.

For years, crypto projects kept talking about mainstream adoption while still forcing users to figure out native gas mechanics just to move assets around. SUI appears to be attacking that friction head-on.

Traders Already Front Running Demand

Well, as always markets rarely wait for upgrades to fully settle before pricing in expectations.

The latest SUI price action suggests traders are already positioning ahead of potential post-upgrade demand. On the chart, $1.40 now stands as the nearest major resistance zone. If momentum continues and demand accelerates after the rollout, the path toward a possible $2 retest could reopen.

Key Levels Traders Are Watching Closely

If the gasless transfer rollout fails to generate the expected network activity, bullish momentum could cool quickly. In that scenario, the $1 support region becomes critical. A breakdown there may expose SUI crypto to deeper downside toward the $0.70 area or lower.

For now though, the market seems willing to bet that removing gas friction might finally bring crypto one step closer to feeling usable.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Yash Jain

Yash is a crypto analyst specializing in price analysis, predictions, and in-depth research reports. He combines technical indicators with on-chain data to uncover market trends and potential breakouts. His sharp insights help readers navigate the crypto market with confidence. Whether it’s Bitcoin or emerging altcoins, Yash breaks it down with clarity and precision.

Recent Posts

DoubleZero Price Breaks Out of Bullish Structure — Can 2Z Rally Another 30%?

DoubleZero is witnessing a strong bullish breakout after weeks of gradual accumulation within a rising…

May 21, 2026

NEX Price Surges As Nexus Mainnet Goes Live & Sees Major Exchange Listings

Something unusual is happening around Nexus Labs ecosystem NEX token and no, it’s not just…

May 21, 2026

BitMine Tom Lee Explains Why Ethereum Price Falls When Oil Prices Surge

Ethereum (ETH) prices continue to face heavy selling pressure as rising oil prices, and continued…

May 21, 2026

Why Decentralized Exchanges Are Gaining Ground: A Q&A with Varun Datta, Founder and CEO of Truth Ventures

As the cryptocurrency industry matures, one of the biggest structural shifts taking place is the…

May 21, 2026

Perps and Prediction Markets Are Now Available in NOW Wallet

Saint Vincent and the Grenadines, Kingstown NOW Wallet , a non-custodial crypto wallet focused on…

May 21, 2026

Strategy Will Probably Buy All Bitcoin Mined Between Now and 2140

Michael Saylor said Strategy Inc. plans to keep accumulating Bitcoin until the final coins are…

May 21, 2026