Key takeaways:
SUI is the native token of the Sui blockchain and governs and settles fees on the blockchain. Users can stake their SUI tokens with validators in a delegated proof-of-stake model, enabling active participation in consensus and potential rewards. SUI’s notable feature is its ability to achieve parallel agreement on independent transactions, leading to enhanced scalability.
Is SUI a good investment? Will it go up? Where will it be in five years? Our SUI price prediction answers these questions and more.
Cryptocurrency | Sui |
Ticker | SUI |
Current price | $1.67 |
Market cap | $4.47 billion |
Trading volume | $834.01 million |
Circulating supply | 2,679,963,750 |
All-time high | $2.18 on Mar 27, 2024 |
All-time low | $0.3643 on Oct 19, 2023 |
24-hour high | $1.68 |
24-hour low | $1.50 |
Metric | Value |
Volatility (30-day variation) | 22.98% |
50-day SMA | $0.9482 |
200-day SMA | $1.1260 |
Sentiment | Bullish |
Fear and Greed Index | 54 (Neutral) |
Green days | 17/30 |
SUI has emerged as one of the top-performing altcoins, posting an impressive 120% surge since early September.
This bullish trend has captured the attention of investors and analysts. Data from DefiLlama reveals that SUI’s Total Value Locked (TVL) is approaching the $1 billion mark.
The rising TVL has fueled speculation that SUI could be on the brink of reaching a new ATH, with many pointing to its growing ecosystem as a key factor driving its momentum.
SUI has recently surged in value, thanks partly to the coming FED cut rates and the launch of its AUSD stablecoin. The stablecoin, launched in partnership with Nonstop Finance, enhanced the Sui DeFi ecosystem by strengthening the liquidity within the SUI ecosystem.
Earlier last month, SUI’s Total Value Locked (TVL) was at $341 million; it has now surged to $937 million.
Sui TVL. Source: DefiLlama
SUI/USD 1-day chart
SUI formed an inverted head-and-shoulder pattern on the charts, resulting in a major breakout that took SUI past the $1 resistance. The bullish outlook is further supported by the MACD, which has registered consistent positive momentum over the last week. The MACD line has crossed above zero, signaling a bullish market sentiment, with the relative strength index (RSI) crossing to overbought territory.
Period | Value ($) | Action |
SMA 3 | 1.3003 | BUY |
SMA 5 | 1.3656 | BUY |
SMA 10 | 1.2879 | BUY |
SMA 21 | 1.0702 | BUY |
SMA 50 | 0.9482 | BUY |
SMA 100 | 0.8676 | BUY |
SMA 200 | 1.1260 | BUY |
Period | Value ($) | Action |
EMA 3 | 1.1010 | BUY |
EMA 5 | 1.0221 | BUY |
EMA 10 | 0.9452 | BUY |
EMA 21 | 0.8772 | BUY |
EMA 50 | 0.8447 | BUY |
EMA 100 | 0.9078 | BUY |
EMA 200 | 0.9842 | BUY |
The SUI has utility, and ongoing developments and partnerships will lead to a more efficient network. SUI is volatile but continues to scale higher. As per the Cryptopolitan price predictions, SUI will set record prices in the coming years.
According to the technical indicators, SUI has recorded sixteen bullish days in the last thirty. The Fear & Greed Index shows fear among investors. Per the analysis, SUI is bullish and is ripe for a reversal.
The SUI drop coincided with the crypto market cap falling below the $2 trillion mark, now at $2.4 trillion. Therefore, the drop could be explained by the bearish market sentiment.
SUI is trading at its lowest range this year. At current levels, it is ripe for reversal, with plenty of room for price movement to the upside.
Per the SUI price analysis, SUI’s reversal from current lows will send SUI to previous highs above $1 this year.
Per the Cryptopolitan price prediction, SUI will reach $10 in 2030 with an average of $12.42 for the year.
It remains highly unlikely that SUI will rise to $100 before 2030.
Should the market sentiment change, SUI will rise to previous years. SUI’s price predictions to 2030 are optimistic as global adoption for decentralized applications rises.
Sui Network’s SuiPlay has announced the pre-order launch of its SuiPlay0X1, a Web3-native handheld gaming device. The product will be available in the first half of 2025.
The SUI price forecast for September is a maximum of $0.85 and a minimum of $0.58. The average price for the month will be $0.60.
Month | Potential low ($) | Potential average ($) | Potential high ($) |
September | 0.73 | 0.78 | 0.85 |
For the second half of 2024, SUI’s price will range between $0.73 and $1.30. The average price for the year will be $0.86.
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2024 | 0.73 | 0.86 | 1.30 |
Year | Potential low ($) | Potential average ($) | Potential high ($) |
2025 | 1.76 | 1.81 | 2.17 |
2026 | 2.67 | 2.76 | 3.13 |
2027 | 3.94 | 4.05 | 4.55 |
2028 | 5.66 | 8.63 | 6.89 |
2029 | 8.34 | 8.63 | 9.76 |
2030 | 12.08 | 12.42 | 14.66 |
The SUI crypto price forecast for 2025 is a high of $2.17. It will reach a minimum price of $1.76 and an average price of $1.81.
The SUI’s price prediction estimates it will range between $2.67 and $3.13, with an average price of $2.76.
SUI coin price prediction estimates it will range between $3.94 and $4.55, with an average of $4.05.
SUI coin price prediction climbs even higher into 2028. According to the prediction, SUI will range between $5.66 and $6.89, with an average price of $5.83
According to the SUI coin price prediction for 2029, the price of SUI will range from $8.34 to $9.76, with an average price of $8.63.
According to the 2030 SUI price prediction, the price will range between $12.08 and $14.66, with an average price of $12.42.
Firm | 2024 | 2025 | 2026 |
Digitalcoinprice | $1.70 | $2.00 | $2.84 |
Gate.io | $0.8166 | $0.8492 | $0.8917 |
Changelly | $2.61 | $4.77 | $2.67 |
Our predictions show that SUI will achieve a high of $1.30 in the second half of 2024. In 2025, it will range between $1.76 and $2.17, with an average of $1.81. In 2030, it will range between $12.08 and $14.66, with an average of $12.42. Note the predictions are not investment advice. Seek independent consultation or do your own research.