SUI recently captured the attention of the crypto market with a strong price rebound, breaking out of a well-defined falling wedge pattern. Analysts noted that SUI’s price moved decisively above a descending resistance line, a key development that often marks the end of prolonged corrections. The price bounced from the $1.40 level to $2.93, reflecting growing momentum. Prominent analysts also highlighted a bullish channel forming in SUI charts, with potential targets stretching toward $4. Such patterns strengthen the idea that the token may be entering a recovery phase, making this SUI price surge a moment to watch in 2025.
Institutions and Whale Activity Support the SUI Price Surge
Alongside the breakout in price, notable shifts in on-chain activity further supported the bullish sentiment. Whale wallets holding more than 1 million SUI increased by 8% over two weeks. This category of investors typically positions itself ahead of long-term rallies, which gives weight to the view that SUI may have more room to rise. Meanwhile, transfer volumes jumped from $48 million to $80 million within a week, reflecting increased user activity and broader interest. This upward trend in large-scale transactions is an encouraging sign for long-term holders and market watchers considering whether SUI can go up in 2025.
Can SUI Go Up in 2025? What are the Reasons For the Growth?
Retail participation is another positive indicator in the current SUI market. According to platform data, the total price rose by 30% in one week, surpassing 150 million users. This rapid expansion speaks volumes about the appeal of the network’s features, such as low fees and a developer-friendly environment. In the decentralized finance space, SUI’s total value locked (TVL) climbed to $2.33 billion, with consistent daily growth.
Leading platforms like Cetus and Navi are attracting liquidity, reinforcing the ecosystem’s depth. A 23.23% rise in SUI’s stablecoin market cap to $8.93 billion also plays a key role, improving overall liquidity and enabling smooth access to DeFi services. These developments make a strong case for those asking: Can SUI go up in 2025? The answer looks promising based on current indicators.
Crypto Market Confidence Grows as SUI Sees Surge
Stablecoin inflows often act as a health indicator for any blockchain network. In SUI’s case, a notable 27.05% increase in 24 hours shows that investors are moving capital into the ecosystem. Currently, SUI is trading at $2.93 with a volume increase of 155.69%. Stablecoins help maintain liquidity and provide the foundation for smoother DeFi interactions.
This increase in stable asset value, along with retail growth and developer participation, adds another layer of support to the SUI price surge. The broader crypto market is responding with increased engagement, further fueling the project’s upward momentum. Confidence in network security and consistent infrastructure is driving participation from both individual users and institutional players.
Derivatives Market Trends Suggest: Traders Expect SUI Price Surge to Continue into 2025
The derivatives market adds another perspective to SUI’s current trend. According to Coinglass data, nearly 90.6% of open interest is long on SUI perpetual contracts. The long-to-short ratio stands at 9.64, showing a strong leaning toward bullish bets. These numbers indicate that traders are expecting continued price growth, despite some intra-day volatility. When combined with technical breakout patterns and whale accumulation, this leveraged positioning signals deeper conviction. The data suggests that many market participants believe the current rally is more than a short-term spike, pointing to continued optimism around the SUI price surge heading into 2025.
Source: Coinfomania / Digpu NewsTex