The Sui Price may be on the cusp of a steep recovery as the decentralized finance ecosystem gains momentum.
Summary
- Sui’s DeFi TVL reached an all-time high of $2.6 billion, supported by consistent DEX volumes.
- The technical indicators remain neutral, pointing to price consolidation ahead of the next big move.
- The upcoming launch of SuiPlay 0X1 and potential ETF appeal could drive renewed interest and price strength in the fourth quarter.
Sui was trading around $3.48 at the time of writing, up 1.3% in the past 24 hours as the network’s DeFi ecosystem reached new highs. The token has risen between $3.44 and $3.69 this week, showing little volatility. The stock is still down 2.3% this week and up just 0.7% over the past month – still 34% below its January peak of $5.35.
Trading activity has declined, with daily volume falling 20.7% to $1.02 billion. According to CoinGlass factsOpen interest in Sui (SUI) futures rose slightly by 0.26% to $1.79 billion, while derivatives volume fell by 22.5% to $3.14 billion.
This mix indicates that traders are holding on to their existing positions rather than adding new positions, which is a sign of consolidation rather than capitulation.
Sui TVL reaches new peak
Sui’s on-chain growth remains strong. Sui is among the top DeFi ecosystems in terms of capital, with a total value reaching an all-time high of $2.61 billion, according to DefiLlama. facts.
Over the past three months, monthly DEX volumes have remained consistent at approximately $13 billion. The market capitalization of the network’s stablecoins has nearly doubled since late September and now stands at $925 million.
Sui price upcoming catalysts
A number of catalysts are lined up for the remainder of 2025. Later this year, the Mysten Labs-developed SuiPlay 0X1 gaming console will go on sale for $599. Thanks to the handheld’s direct integration with the Sui blockchain, players can enjoy seamless Web3 gaming with dynamic NFTs and zkLogin. Its release could increase network activity and attract new users.
In DeFi, the upcoming launch of the SuiDEX mainnet aims to unify liquidity between existing protocols such as Cetus, which currently holds more than half of Sui’s DEX market share. Additional enhancements could increase liquidity and return opportunities, such as Ethena’s suiUSDe synthetic dollar and Suilend’s Steamm AMM.
Adoption by institutions is also gaining ground. Grayscale has attracted investment in its SUI Trust, while Nasdaq and 21Shares are pushing for SUI exchange-traded funds. Real-world payment usage can also be supported by Fireblocks’ Custody integration and xPortal’s Sui-Mastercard, especially in the Asian markets.
Sui price technical analysis
Sui’s daily chart shows a sideways trend within the Bollinger Bands, with prices remaining around $3.48 in the mid-band. While the lower band offers support at $3.09, the upper resistance is near $3.76.
Most of the technical indicators, such as the relative strength index at 50, the Stochastics at 65 and the commodity channel index at 27, are neutral and indicate a balance between buyers and sellers. The MACD is somewhat bullish, but momentum is showing some weakness.
SUI could fall towards $3.10, where the 200-day moving average offers strong support, if it is unable to hold $3.40. However, if the price rises above $3.75, the price could target the $4.00-$4.20 range.
