Sui (SUI) Price Prediction: By the Numbers, This Rising Star Has Defied the Market and Outperformed Broader Trends

In a crypto market that’s been mostly stagnant, one name has stood out and that is Sui. Over the past two weeks, this rising star has not only defied broader market trends but outperformed them entirely.

This Is Sparking Renewed Interest In The Altcoin

Recording a staggering 70% price surge in just 14 days, the Sui bullish trend is proving to be more than a short-lived rally. As investors return their attention to high-growth assets after a period of market uncertainty, the altcoin’s performance is sparking renewed interest.

But what exactly is fuelling this move, and could this be just the beginning of an even more impressive rally? Let’s take a closer look at the complete picture.

What’s Powering The Sui Price Surge?

Having gained nearly 29% in the past week alone, compared to a 1.3% uptick in the broader crypto market, Sui has certainly been making headlines.

One of the core drivers of this rally is the steady growth in activity across the Sui network. According to DeFiLlama, the stablecoin market cap on Sui has now reached $886 million, just $2 million shy of its all-time high earlier this week.

This rebound is especially noteworthy considering it’s occurring in tandem with increased outflows from Ethereum via the Wormhole Bridge. On-chain analyst Torero Romero recently shared that nearly 29% of Ethereum’s outflows through Wormhole over the past year have been redirected to Sui.

This showcases the growing trust in Sui as a viable layer-1 network not only for stablecoin activity but also for broader capital flows.

"Interesting stat: $SUI received 29% of $ETH's outflows over the past 365 days (Wormhole Bridge)."

"Out of $10 billion in ETH outflows, $2.8 billion went to Sui, highlighting the strong relative demand for the network. #Layer1"

On The Other Hand, DEX Volume And Total Value Locked Are Climbing Quickly

Beyond just stablecoins, Sui’s decentralized finance (DeFi) ecosystem is also gaining traction. The network’s total value locked (TVL) now sits at $1.78 billion, inching closer to its January high of $2.08 billion.

That’s not a minor detail; it reflects real capital being committed to protocols built on Sui. Moreover, the network is also seeing a surge in decentralized exchange (DEX) trading activity.

Weekly trading volume on these DEXs has shot up 75%, reaching $3.64 billion last week compared to $2.08 billion a week prior. These growing figures are strong validation of the network’s ability to attract and sustain active users, liquidity providers, and developers—all key factors for any layer-1 network aiming for longevity.

Is The Sui Bullish Trend Backed Technically? Let’s Break It Down

From a technical perspective, the Sui bullish trend shows no signs of slowing. The altcoin recently broke out of a consolidation phase and is now trading at $3.56. It has consistently closed above the upper Bollinger Band, suggesting strong upward pressure.

Furthermore, it’s well above its 50-day moving average of $2.70, another bullish indicator. Volume is also rising in tandem with price, lending further credibility to the breakout.

The Relative Strength Index (RSI) currently sits at 76, indicating an overbought condition. While this doesn’t guarantee an immediate correction, it does suggest that a short-term cooling could occur before the next leg higher.

The next major resistance is at $3.95, with a psychological target set at $4.50 if bulls can maintain momentum. However, if sellers regain control and push the price below the 50-day moving average, the next support level is at $3.18. A deeper retracement could see the asset testing the Fib 0.618 at $2.24.

If the bulls manage to break through the Fib 1.618 at $3.95 and continue the rally, they might face another hurdle at the Fib 2.398 at $4.51. This scenario would come into play if the bulls can manage to push through the Fib 1.272 at $3.95 and continue the rally. Finally, if the bulls can manage to push through the Fib 1.272 at $3.95 and continue the rally, they might face another hurdle at the Fib 2.398 at $4.51.

What Are The Risks And Support Levels?

Despite the optimism surrounding this breakout and the belief that it could continue, no rally comes without its caveats.

The Fib 0.5 Fib at $3.51 provides