It has been a while since we gave you a Sui update.
This coin has stayed strong through most of the year.
Yet, in recent weeks, it slipped out of the spotlight.
Now, Sui is back with new moves that have traders excited again.
Why Sui Still Stands Out
Sui started as an ambitious Layer-1 blockchain built with the Move language.
It focuses on speed and smooth user experiences.
Since launch, it has processed billions of transactions, often outpacing giants like Ethereum and Polygon.
That level of activity proves that builders and users see real value in its design.
I remember first hearing about Sui in early 2023.
Back then, I was exploring new projects for my airdrop strategy.
The community vibe felt different—devs were already pushing for gaming and NFT tools.
That early energy never really faded.
Study the latest Solana Yield Strategies
Recent Buyback Sparks Bullish Talk
The biggest headline this month is Sui’s $50 million token buyback.
The Sui Foundation approved it to strengthen market confidence.
Buybacks often signal that a team believes in its long-term price.
Investors noticed right away.
Traders are now eyeing targets around $4.30, $4.80, and even $8 if momentum continues.
With Sui hovering near $3.70, those levels look tempting.
Patterns such as a cup-and-handle and ascending triangle add technical fuel.
Both patterns often show up before major breakouts.
Behind the scenes, Sui’s treasury is no lightweight.
Galaxy Digital helps manage about $450 million in reserves, including over 100 million SUI tokens.
That safety net reduces downside risk and supports big moves upward.
Developer Upgrades Keep Rolling
Network upgrades also matter for price action.
Sui recently introduced a GraphQL RPC and a general-purpose indexer.
These tools make life easier for developers.
More builders mean more apps and more daily users, which can help price growth.
I talked to a developer friend who is testing these features.
He said indexing speeds are much faster than before.
For DeFi and gaming projects, that is huge.
Sui’s Current Market Action
In August, Sui gained fresh attention when Grayscale launched two trusts tied to its ecosystem.
Soon after, SUI broke above $3.40 and touched $3.85.
That move cleared a stubborn resistance zone.
If SUI dips toward the 20-day EMA near $3.48 and bounces, bulls remain in charge.
A clean rebound could lift it to around $4.20.
However, if bears push it under $3.10, the trend may cool off.
A key date to watch is the September 17 U.S. Federal Reserve meeting.
A rate cut there could help Sui finish the year near $4.60 or higher.
Macro news still plays a role for all crypto assets.
Looking Toward 2025
Sui started 2025 with fireworks.
On January 4 it hit an all-time high of $5.35.
Since then, price swings have been wild.
A 7% drop in one month tested nerves, but a slow rebound is underway.
Despite market chop, Sui’s fundamentals remain strong.
The blockchain handled about 7.5 billion transactions last year, topping networks like Tron and Polygon.
Its Move programming model keeps things fast and secure.
This efficiency could draw more builders as the year continues.
Bitcoin’s rally to $93K in April 2025 gave Sui another boost.
The coin jumped more than 75% in days before meeting resistance near $97K.
Even after pullbacks, Sui trades well above early-year lows.
If it revisits the $3 range, many see that as a buy-the-dip chance.
Another strong alt coin this year is $HYPE, check our recent blog about it smashing ATH
Our SUI Price Prediction for 2025
Based on current momentum and network growth, a fresh rally seems likely.
Our base case sees SUI climbing past $3.55 and possibly reaching $4.90 before year-end.
Should the next Bitcoin bull wave arrive, Sui could break past $5 again.
Key Moments in Sui’s Short History
- 2023 Launch: Sui debuted in April with daily trading volumes near $900 million.
- 2023 Low: Price touched $0.36 in October before recovering.
- 2024 Milestone: The network reached 2.1 billion transactions, beating major chains.
- 2024 High: Sui hit $2.18 in late March ahead of the Bitcoin halving.
- 2025 Record: A new peak of $5.35 arrived on January 4.
These milestones show how quickly the project grew from newcomer to serious player.
Study our trading guide on Moving Averages.
Is Sui a Buy Now?
Sui’s fundamentals remain solid.
Transaction speed and developer interest keep improving.
Daily activity outpaced Ethereum and Polygon in 2024.
Even with a market cap above $35 billion, the token trades below its record high.
If you believe in long-term adoption, today’s prices may look attractive.
Still, do your own research before investing.
Crypto markets move fast and can be volatile.
Support Our Work
If you found this helpful, consider signing up on BloFin (Non-KYC) or Bybit using our referral links. Your support keeps this content free and flowing.
Final Thoughts
Sui keeps proving it is more than a passing trend.
A big buyback, strong treasury, and steady upgrades support a bright future.
While short-term swings are normal, the bigger picture points upward.
For traders, watching key support around $3.40 and resistance near $4.20 makes sense.
For builders, the improved tools make Sui an exciting place to launch projects.
I’ll keep an eye on this coin as the year rolls on.
Whether you trade short term or plan to hold for years, Sui is worth watching.
If you enjoyed this blog, check out our recent blog about the 4-year cycle.
As always, don’t forget to claim your bonus below on Bybit. See you next time!
