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Cryptocurrency News Articles
Sui Price Prediction: Riding the Wave of Growing Adoption
May 22, 2025 at 07:00 am
With the Sui network’s decentralized exchange (DEX) volumes surpassing major competitors and recent token unlocks failing to dent investor confidence
The Sui network's decentralized exchange (DEX) volumes have surpassed major competitors, and recent token unlocks have failed to dampen investor confidence, leading many analysts and traders to predict a breakout to the $5 price level.
After surging more than 80% over the past month and reaching highs of nearly $4, SUI’s price currently hovers around the $3.80 to $4.00 mark. This rally has pushed Sui into the ranks of the top cryptocurrencies by market capitalization, fueled by significant milestones such as Grayscale launching the SUI Trust and 21Shares filing for a SUI-linked exchange-traded fund (ETF). These institutional moves reflect mounting confidence in the project’s fundamentals.
SUI is maintaining its bullish structure by retesting the breakout zone near $3.65–$3.75 after briefly reaching $3.94.
Data from DeFi Llama highlights the rising total value locked (TVL) within the Sui DeFi ecosystem, which has jumped significantly in recent months. This increase is largely driven by protocols like Suilend and NAVI, indicating growing liquidity and user engagement on the network.
Its most sensational growth is its DEX trading volume, which has reached an eye-popping $48.4 billion in the first half of 2025 alone. That dwarfs volumes on very popular Layer 1 and Layer 2 chains like Avalanche, Polygon, Optimism, and TON. With typical DEX trading volumes often in the over-$400 million range, Sui has become the traders’ and liquidity providers’ destination of choice.
Sui (SUI) is trading at around $3.87, up 0.29% in the last 24 hours at press time.
The surge in trading activity can be attributed to Sui’s low transaction fees, rapid confirmation times, and expanding suite of decentralized applications (dApps). This combination enhances the appeal of the Sui network for active users and institutional participants.
Despite a scheduled token unlock on May 1, releasing approximately 88 million SUI tokens worth around $350 million, the price resisted downward pressure. Instead, demand absorbed the new supply, allowing SUI to break out of a bullish pennant pattern and retest the $4 resistance level — a key SUI resistance level.
SUI entered the identified buy zone (POI) on the chart and subsequently surged by 8%.
Technical indicators validate the bull argument. A “golden cross” event, where the 21-day exponential moving average (EMA) crossed above the 200-day EMA, suggests potential for long-term momentum upward. In addition, the Moving Average Convergence Divergence (MACD) records a bullish crossover, and the Supertrend indicator lights good support below present levels, validating the likelihood of further increase.
Crypto analyst Michaël van de Poppe reacted to the development:
“Clear breakout of the downwards pattern, strong move upwards, and clearly in an upwards trend. Aside from that, the ecosystem keeps on delivering with constant new projects launching and thriving, +TVL constantly rallying upwards. Probably going to be a big winner during this cycle.”
Analysts are increasingly optimistic about SUI’s potential to break above the $4 resistance and push toward the psychological $5 mark.
Market watchers point out that the pattern of consolidation and re-accumulation in the $3.30 to $3.80 range, as SUI faces resistance at $4, closely resembles previous setups that preceded strong rallies in the past. Breaking above $4 would likely open the door for a significant upward impulse, setting the stage for a rally toward the $5 level.
Trader Froggy highlighted the importance of surpassing this level:
“Breaking above this level will set the stage for a strong move up. This could be the trigger that breaks the range and opens up the next leg higher.”
SUI is currently trading around $3.81, maintaining key support above $3.65–$3.70, with price targets set at $4.76 and $5.67.
Moreover, AltCryptoGems’ analyst Sjuul observed that the current bull flag formation suggests the SUI token is preparing for another breakout similar to its recent past rallies. However, some caution is warranted, as smaller corrective waves after big rallies can at times precede waning momentum.
While the medium-term outlook is favorable, there are risks that can lead to the reversal or correction of the trend. A clear breakdown below the $3.50 support or decreasing buying pressure as indicated by the Chaikin Money Flow (CMF) below zero can lead to retracements to the 200-day EMA. Investors should watch out for a breakdown of key SUI support levels, which can be an indicator of a pullback.
Sui's strong fundamentals, growing DeFi ecosystem, and technical indicators collectively point to a positive SUI coin forecast
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Flow GrantDAO Officially Launches in Partnership with DoraHacks
- May 22, 2025 at 12:20 pm
- opening a new funding channel for developers building in the Flow ecosystem. Projects can now be submitted via DoraHacks and receive funding through on-chain MACI (Minimum Anti-Collusion Infrastructure) community voting
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