SUI was trading near $0.72 as the market prepared for another scheduled token unlock on August 1. The token has fallen 82.8% from its all-time high, reached about one year ago, while 13.72 million SUI tokens worth approximately $9.76 million are set to enter circulation.

The upcoming release adds a new supply factor for traders monitoring SUI’s short-term market structure. Token unlocks can increase circulating supply as previously vested allocations become available, making recipient behavior and market liquidity key variables around scheduled release dates. Buyers are watching the $0.677 to $0.696 support zone for signs of stabilization after the token’s prolonged decline.

SUI Support Zone in Focus Before Unlock

SUI price analysis is centered on the $0.677 to $0.696 area, where buyers are attempting to defend the current range. Analyst Tren_Nd identified the zone as a key liquidity area that could influence the token’s next short-term direction.

If SUI holds this support range, traders are watching for a possible recovery toward resistance between $0.75 and $0.78. A move below $0.677 could expose the token to lower levels near $0.66.

SUI recently traded near $0.723 after gaining around 1.5% over 24 hours. The latest price action showed consolidation, with buyers attempting to build momentum following an extended decline.

Token Unlock to Release 13.72 Million SUI

The August 1 unlock will release 13.72 million SUI across early contributors, community reserves and the Mysten Labs treasury. Early contributors are scheduled to receive 7.65 million SUI, while community reserves account for 4 million tokens and the Mysten Labs treasury accounts for 2.07 million tokens.

SUI is down 82.8% from its ATH reached around 1 year ago, with $9.76M worth of tokens unlocking on August 1 A total of 13.72M $SUI tokens will be released across: • Early Contributors: 7.65M • Community Reserve: 4M • Mysten Labs Treasury: 2.07M Over the past 30 days, 22.6M… pic.twitter.com/Z3Vdo8GPd7 — Onchain Lens (@OnchainLens) July 26, 2026

Over the past 30 days, 22.6 million SUI tokens worth around $16.1 million have already unlocked through four separate events. The project has completed 40.6% of its total vesting schedule, leaving future scheduled releases relevant for investors tracking circulating supply changes over time.

SUI supply distribution data also shows that other categories hold 52.2% of tokens, followed by community allocations at 26% and private investors at 14.1%.

Despite the additional unlock pressure, some analysts continue to focus on longer-term accumulation. Crypto Patel highlighted a potential upside scenario toward higher targets if SUI maintains its current structure and regains stronger momentum.

The next major technical level remains the $0.78 resistance area, while traders continue to monitor token unlock activity, support-zone defense and broader market conditions.