Can SUI Price Repeat Solana's 2021 Spikes in This Bull Run?

Altcoin Buzz didn't hold back in its latest video as it dug into whether SUI price could echo Solana's incredible bull run in 2020.

Altcoin Buzz took a deep dive into whether SUI price could repeat the Solana wild 2021 spikes in this bull run. While SUI has impressive momentum, don't expect a carbon copy of Solana's 100x journey, though the network's activity and integrations make a strong case for a significant move upward.

Cedus protocol suffered a $220 million exploit, crashing the CUS token and pulling down other SUI-based projects. However, SUI itself wasn't exploited. The Miston Labs team acted fast, freezing $160 million, offering a $6 million bounty, and reportedly negotiating the return of the remaining $60 million.

“We don’t think this cools off SUI’s momentum despite the fear it might bring,” said the analyst.

suggesting this might even set up a rebound. In fact, the analyst believes SUI’s long-term strength remains intact.

That confidence comes partly from something big: Microsoft has integrated SUI into Microsoft Fabric through the Space and Time mainnet, alongside just two other chains, Bitcoin and Ethereum. That’s elite company, and as the video points out, “Makes it a pretty big news story.”

SUI Price May Not Replicate Solana Spikes

The channel then covered SUI’s impressive numbers. It’s up 7x since September 2024, moving from around $0.78 to over $5.35. While the analyst doesn't predict a Solana-style 100x repeat, they think another 5x or 10x move from here is not out of the question.

The current dip? It’s likely due to the Cedus news, and if history is any guide, SUI tends to recover quickly from these kinds of pullbacks.

Technically, the network has real advantages. Move VM 2.0 now allows for 30% to 65% faster transactions. Pilot Fish brings scalability improvements for validators, while the Move Registry adds human-readable names for on-chain packages. According to the analyst, “This is what makes SUI what it is.”

Bridges and liquidity support are also scaling rapidly. SUI now supports Axelar and LI.FI Bridges, which enable seamless swaps across EVM chains, Solana, and even Bitcoin. OKX has launched xBTC with SUI as one of the supported chains, and there’s already $600 million worth of BTC circulating on SUI. Stablecoin inflows have hit $184 million and $83.4 million on consecutive days, pushing total TVL to $1 billion — double what it was two months ago.

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Ecosystem projects are also garnering attention. Walrus Protocol (WALLW), constructed by Miston Labs, powers decentralized storage and has already been adopted by major players like Pudgy Penguins. DeepBook (DE) provides a DEX experience that feels as smooth as centralized trading. Meanwhile, Haedal Protocol (HAEDEL) offers liquid staking, and despite its token being down due to the Cedus fallout, its low market cap of $32.4 million might present a perfect entry point.

Altcoin Buzz concluded the video by reminding viewers that while SUI may not precisely match Solana’s 2021 surge, its ecosystem strength, rapidly growing liquidity, and developer tools are creating a bullish setup. And with a dip now presenting itself, the timing for entry, as they suggest, could prove ideal if momentum returns.