SUI price has slipped towards $1.04 as broader cryptocurrency market weakness continues to temper enthusiasm. The token is down nearly 2% in the past 24 hours, with prices dropping even as Sui pushes to expand its utility by enabling fee-free stablecoin transfers. However, as Sui seeks to attract payment flows amid growing stablecoin volumes on the chain, could bulls bounce back to test key resistance levels? The opposite could be a dump to recent support zones. Sui eyes stablecoin adoption Sui’s price struggles come in the week the protocol introduced gasless stablecoin transfers for seven tokens, including USDC.
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