SUI Token Price Currently at $3.90, with a 5.53% Decrease for the Day

The SUI token dropped 5.53% in the last 24 hours, trading at $3.90 by Thursday morning. The coin had seen a steep 54.77% upswing in the last 24 hours, now reaching $2.48 billion. However, activity in the last seven days has been stable, showcasing investor participation with volatile movements.

Technical analysis identifies that SUI is charting a bullish course after the $3.50 resistance level was broken earlier this month. Price structure implies a continuing wave formation with the momentum tilted in the direction of the rise, assuming support points at $3.67 and $3.28 (Fibonacci retracements) hold.

Crypto expert Ali points to an open shot at $5.40 as the next key resistance, tracking well along with highs in early January 2025. The chart pattern is a breakout that is accompanied by a surge in volume, affirming the positive sentiment.

With predictions from CoinCodex for a $5.10 valuation before mid-May and CCN highlighting more resistance at around $6.00, the coin is set to continue stable upward momentum absent a substantial pullback below the $3.50 consolidation area.

Orbiter Finance Integrates with Sui Network

In a significant interoperability breakthrough for decentralized finance, Orbiter Finance has now been integrated with the Sui Network. With a reputation for providing low-cost cross-rollup transfers using zero-knowledge (ZK) technology, Orbiter now offers bridging directly to the coin from chains like Ethereum, Arbitrum, and zkSync.

The integration streamlines asset transfer and increases liquidity across ecosystems, resolving long-standing issues in interoperability across blockchain platforms. Orbiter’s move to Sui is coupled with the introduction of a liquidity incentive scheme to attract deposits to its bridge pools on Sui. This move is likely to enhance the efficiency of transactions and minimize costs for users while increasing Orbiter’s scope and volumes of transaction.

In addition to connectivity, the alliance is further enhanced with the cooperation of top Sui-native DeFi protocols including Turbos Finance and Astros. These alliances are designed to provide bridged assets with instant utility, enabling the users to trade, add liquidity, or support other DeFi activities in the Sui ecosystem.

Analysts Predict Growth for SUI in 2025

According to forecasts and market analysts, the coin could reach between $8.36 and $8.58 by the end of 2025. These estimates suggest not only a recovery beyond its January high of $5.35 but a significant extension of the current bullish wave.

These projections are supported by the strengths of Sui architecture, including high-throughput Layer 1 design, deployment of the Move programming language for secure asset management, and an increasingly large ecosystem of DeFi, NFT, and gaming applications. With a growth in interoperability and liquidity, especially post Orbiter’s integration, The coin is positioned well for sustained growth throughout.