DeFi assets and funding rates drive anticipated surge in Sui's price
Crypto Bull Run: Sui on an Unstoppable Surge
Sui Token Skyrockets
With a proud 94% climb, Sui's token was reported trading at an impressive $3.40 on the weekend. This surge surpasses its highest level achieved in April, showcasing a striking growth story for the cryptocurrency.
Decentralized Finance Boom
Data from third-party sources has revealed that Sui has emerged as one of the fastest-growing assets in the crypto sphere in 2025. The assets locked in its decentralized exchange network have skyrocketed by 40% within the last 30 days, reaching a staggering $2.45 billion. This growth vaults Sui to the 9th position in the industry, surpassing popular networks like Avalanche, Polygon, and Cardano.
Stablecoins on the Rise
Further analysis shows that Sui's stablecoin market cap has reaching $897 million, signaling an imminent breakthrough to the $1 billion milestone. The abundance of stablecoins in a blockchain network is a positive indicator, demonstrating active user interaction.
DEX Protocol Gains Traction
Encouraging transaction data reveals that decentralized exchange protocols on the Sui blockchain are witnessing enthusiastic engagement from users. The total transaction volume within the last seven days alone exceeded $2.9 billion, with a 30-day figure of $11.2 billion. Cetus, Momentum, and Bluefin have spearheaded the market share in this flourishing environment.
The Golden Cross Approaches
While the Sui coin witnessed a notable upswing from $1.7290 on April 7 to $3.40 today, the daily chart shows the emergence of a bullish flag pattern. Furthermore, a golden cross pattern is looming, with the 50-day and 200-day moving averages poised to intersect. These developments signify a promising bullish breakout, with the next target at $5.395, a significant 60% above the current level.
Keys to the Price Conundrum
Analysts predict a possible price rise to $5.21 by May 16, expecting the short-term trend to remain bullish. For the month of May, the overall projection suggests a bullish trajectory, potentially settling between $3.8 to $4.
As 2025 unfolds, experts propose varying outlooks, with some suggesting a price high of $7.01 by year's end. Another perspective anticipates a temporary correction, followed by a stabilization, averaging around $5.42.
While the positive outlooks persist, analysts advise viewers to stay vigilant regarding ongoing market volatility and the necessity of a strong altcoin season to maintain the momentum.
[1] https://data.coinmarketcap.com/blog/sui-price-surges-will-it-topple-avalanche/[2] https://cointelegraph.com/news/sui-token-orchestrates-trading-volumes-ers;-is-it-an-altcoin-candidates-next-breakout[3] https://eastcoastinvestors.net/5-stock-analyzers-to-predict-winners-for-2025/[4] https://www.bloomberg.com/markets/stocks/calendar-economic-events-and-central-banks/[5] https://finance.yahoo.com/news/hopium-altcoin-season-crypto-phase-One-141804607.html
- The Sui token, surging by 94%, reached $3.40, a milestone that surpasses its previous highest level in April, demonstrating the potential of blockchain technology.
- Sui has been one of the fastest-growing assets in the crypto sphere in 2025, with its assets locked in the decentralized exchange network skyrocketing by 40% in the last 30 days, reaching $2.45 billion, propelling it to the 9th position in the industry.
- The Sui blockchain network has seen a significant increase in stablecoins, with a stablecoin market cap reaching $897 million, signaling an imminent breakthrough to the $1 billion milestone.
- Decentralized exchange protocols on the Sui blockchain are witnessing enthusiastic engagement from users, with a total transaction volume of over $11.2 billion in the last 30 days.
- Analysts predict a potential price high of $7.01 for Sui by the end of 2025, but advise viewers to stay vigilant due to ongoing market volatility and the need for a strong altcoin season to maintain the momentum, such as Initial Coin Offerings (ICOs) on platforms like Tron's or Decentralized Exchanges (DEXs) like Cardano's.
