SUI: Van de Poppe Flags Fundamental Divergence

Michaël van de Poppe argues $SUI offers one of the clearest divergences between on-chain fundamentals and prevailing price action. Tokenization momentum that began accelerating at the end of 2025 has yet to lift underlying tokens, leaving fair value materially higher than spot levels, he stated in an October 21 post.

The analyst highlighted $SUI’s role in building scalable, confidential payment rails for the agentic economy, an addressable market without theoretical caps. He positioned the asset as a core holding in his altcoin book after speaking at $SUI Basecamp weeks earlier.

$SUI trades at $1.03 inside its Bollinger bands on the four-hour chart, with the upper band at $1.05 acting as immediate resistance. The EMA50 at $1.02 and EMA200 at $1.00 function as stacked support in the prevailing bullish structure, while the MACD golden cross at 0.01 confirms trend strength and the neutral RSI at 55.74 leaves room for continuation before any volatility exhaustion at the upper band.