SUI surpasses the $3.5 mark amid rumors of collaboration with Pokémon

The crypto space is buzzing with rumors that Pokémon may step into Web3 through a potential partnership with the Sui blockchain. Although no official information has been confirmed, some recent events have led the community to speculate that something is quietly happening.

On April 23, Pokémon HOME released an update introducing a new medal collection feature. However, it was a small change in the privacy policy that caught the attention of the crypto community. Notably, in some regions, this policy now mentions Parasol Technologies as a developer with whom Pokémon Company may share user data.

Source: ShotgunParasol is a blockchain game studio recently acquired by Mysten Labs – the team behind the Sui blockchain. Parasol's quiet emergence in the policy has sparked speculation about a potential collaboration between Pokémon and Sui.

On the same day, the Sui Foundation also announced that Parasol would launch blockchain-based card games. In a blog post, they briefly mentioned NFT Pokémon, but later removed this information.

Shotgun — a well-known figure in the crypto community — spotted this and explained that the new "medals" are not locked tokens, but tradable digital items, making them even more attractive. He said he was willing to participate if the rumors turned out to be true.

However, not everyone is excited. A user on X reminded that speculations often lead nowhere without clear evidence such as contracts or code. Currently, the connection between Pokémon and Sui is still just a speculation, not a confirmed fact.

SUI price skyrockets

Currently, the price of SUI has surpassed important resistance levels and is stabilizing above $3.5. Whale accumulation is increasing, and the recent 24-hour trading volume has exceeded $3.3 billion, providing strong momentum for the bullish trend.

SUI price chart 4 hours | Source: TradingviewAccording to Ted Pillows' analysis, the price of SUI has broken through the main resistance level and continues to rise. If the market's upward momentum persists, SUI is likely to reach 3.8 – 4 dollars by next May.

The Sui ecosystem is currently developing vigorously, with the native token SUI ranked 11th in market capitalization, reaching 11.5 billion dollars. The recent price increase above the 3.5 dollar mark reflects a 26% rise in just one day, driven by large trading volumes and increasing interest from investors. The total market capitalization of the ecosystem has surpassed 15.79 billion dollars, with SUI accounting for 90.5%.

Disclaimer****: The article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions*

Minh Anh