SUI Hits $0.78 as Analyst Eyes $5 Target, Showing Early Recovery Signs on July 13

According to crypto analyst Michael van de Poppe, SUI showed early recovery signs on July 13, with the altcoin index reaching 58. Onchain analysts have identified $5, $8, and $13 as key price targets for the remainder of 2026, noting that "the higher timeframe structure still looks incredibly bullish" if the uptrend continues.

SUI currently trades near $0.78, up 1.6% over the past week and 85.7% below its January 2025 all-time high of $5.35. Van de Poppe named SUI among several infrastructure-layer tokens "showing early signs of recovery," describing them as "performing better and better." The Sui Foundation confirmed in June that three mainnet outages in May, totaling over 15 hours of downtime, have been resolved following software upgrades addressing gas-fee logic and randomness protocol issues.