Coinbase Adds SUI Staking Amid Price Resistance

Coinbase officially launched SUI staking on July 22. Eligible users can now participate in the network with as little as one token. The platform currently estimates annual rewards will fall between 1.4 percent and 3.3 percent for participants.

This addition arrives while the SUI token struggles to push past a stubborn price wall at $0.78. Traders are watching this level closely to see if the increased utility from staking options can provide enough momentum to break through current resistance.

Adding staking support often helps liquidity and keeps tokens locked out of active supply. Investors will now monitor if this move encourages holders to keep their assets on the exchange rather than selling into the current market ceiling.