How High Can SUI Price Spike This Cycle? Analyst Reveals His Realistic Price Target

Sui has seen around a 100% spike in the past 3 weeks. The rally seems to be cooling, and many are now wondering: how much higher can the SUI price actually climb this cycle?

The price of Sui (SUI) has seen a remarkable 100% spike over the past three weeks, attracting attention and sparking a question: how high can SUI actually go this cycle?

After hitting a new all-time high of $3.69 with a weekly gain of 72%, and currently setting its sights on $5, the Money and I analyst is covering the continuing saga of Sui.

According to the latest data from DeFi Llama, the Total Value Locked (TVL) on the Sui chain has surged to $1.78 billion, showing a 15% increase in just the past 24 hours.

At the time of writing, according to CoinMarketCap, SUI price is currently trading at $3.66, showing an impressive 73% surge over the last seven days. It’s also up 43% over the past month, boasting a market cap of roughly $11.91 billion, enough to flip Chainlink and move into the #11 spot overall.

The analyst reminds viewers that Sui’s previous all-time high was just over $5, and given the current momentum, he wouldn’t be surprised if it blows past that mark very soon.

To further solidify this optimism, the analyst highlights some interesting statistics. The Total Value Locked (TVL) on the Sui blockchain has jumped 38%, reaching $1.6 billion.

Decentralized exchange (DEX) volume has also exploded, with a 177% increase bringing 24-hour volumes to $599 million. This surge in trading activity is a positive sign of interest and participation in the Sui ecosystem.

The SUI price successfully broke above the critical $2.90 resistance, setting its sights firmly on $5 next.

This breakout is a significant development as it could pave the way for a sustained rally.

Why The Analyst Thinks Sui Is The Strong Layer-1 Bet This Cycle

Throughout the video, the Money and I analyst shares his personal experience holding Sui since around the $0.80 range. While he has taken some profits along the way, he emphasizes that his full target hasn’t been reached yet, and he’s still holding.

He makes an interesting point: every bull cycle has a breakout Layer-1 project, and he strongly believes Sui is that coin this time around. While some people are already comparing Sui to Solana, the analyst stresses that whether or not Sui flips Solana doesn’t really matter. Even if Sui simply matches Solana’s current market cap of around $78 billion, the potential upside is enormous.

If Sui were to reach Solana’s market cap, the SUI price could rise to around $24 per token, which would represent a 568% gain from the current price. In an even more bullish “supercycle” scenario, if Sui were to climb toward a $90 billion market cap, it could go even higher. Still, he personally sets a more conservative target around a $50 billion market cap, which would put SUI at roughly $15: a realistic and attainable goal without relying on hype.

Thinking about entering SUI now? The Money and I analyst offers a word of caution. If you missed getting in around $0.8–$0.9, it might not be the best time to jump in blindly. He advises waiting for a potential pullback rather than buying during this current wave of euphoria.

As he puts it, “Markets always go through relief rallies and cool-offs, it’s part of the cycle.”

If you missed out on the gains in FUD or BLUB, there's still a chance to capitalize on another hot pick: UNI on Sui. This project has seen a remarkable surge of 700% in a week, demonstrating the potential for rapid returns within the Sui ecosystem.

According to the Money and I analyst, this surge of activity shows that people are once again paying very close attention to the Sui ecosystem.

The analyst also provides an update on Cetus, a decentralized exchange (DEX) on Sui that he previously highlighted.

According to the Money and I analyst, Cetus has seen some incredible gains since getting listed on Binance. While it went through a period of cooling off, he believes it still has significant upside potential during this cycle.

He predicts that Cetus could eventually reach a $1–$2 billion market cap, especially once it gains further listings like Coinbase.