Sui Price Analysis: Sui Network Reaches New Heights with $2B TVL

Sui Network has reached a historic $2 billion in Total Value Locked (TVL) and $1.47 billion in open interest, therefore signifying a major turning point for the Layer 1 blockchain platform and indicating hitherto unheard-of early 2025 growth.

Sui Price Analysis: Sui Network Reaches New Heights with $2B TVL
Sui price analysis

However, recent market volatility has raised concerns about sustainable growth and potential risks.

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewFCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTCUSD 100Visit Broker
🥈Read ReviewFSCA, FSC, ASIC, CySEC, DFSAUSD 5Visit Broker
🥉Read ReviewCySEC, MISA, FSCAUSD 25Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewASIC, FCA, CySEC, SCBUSD 100Visit Broker
6Read ReviewFCA, FSCA, FSC, CMAUSD 200Visit Broker
7Read ReviewBVI FSCUSD 1Visit Broker
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker

Sui Ecosystem’s Record-Breaking Performance

Sui’s native token SUI has reached an all-time high of $5.35, indicating institutional interest and great market confidence. Since its launch, the platform has handled over 8 billion overall transactions; lately, there has been notable acceleration. Among notable successes are:

13.5% monthly gain shown by $40 billion in constant DEX trading volume.
30% to $420 million increase in stablecoin market cap since December 2024
Comparatively to rivals, higher stablecoin yields—up to 52% more returns than Solana.

Sui Network’s DeFi Growth

Strategic partnerships with big financial companies such VanEck, Grayscale, and Franklin Templeton have driven the spectacular expansion of the network. These alliances have improved SUI token utility inside the larger bitcoin ecosystem and increased liquidity.

The Sui ecosystem’s DeFi protocols have shown particular strength, with stablecoin yields reaching impressive levels:

  • USDC averaging 12.48% APY
  • USDT achieving 13.27% APY
  • Leading platforms NAV and SuiLend offering up to 13.64% APY

SUI Whale Activity Analysis

Despite the positive momentum, significant risks have emerged. A major whale position of approximately $20 million faces potential liquidation if SUI price drops to $4.56. This position includes:

  • 4.1 million SUI (valued at $19.3 million)
  • 100,000 sSUI (worth $470,000)
  • $14.4 million in borrowed stablecoins

The threat of this large liquidation event has created additional market pressure during a period of broader cryptocurrency market volatility.

SUI/USD Technical Analysis

The current price action shows SUI in a pronounced uptrend, though facing significant resistance levels:

  • Key resistance: $5.00
  • Previous ATH: $5.35
  • Critical support: $4.56 (whale liquidation level)
  • Secondary support: $4.00

The price has tested the 0.618 Fibonacci retracement level, with the 0.786 level coinciding with an ascending trendline that could provide strong support in case of further downside.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
Related Articles
Comments
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments