Sui ($SUI) Crypto Forecast: Down 7.9% Today

What is Sui?

Asset SUI is a cryptocurrency token that has been experiencing fluctuations in its price recently. The overall cryptocurrency market has been volatile, with investors closely monitoring regulatory developments and token-related events.

Why is Sui going down?

SUI crypto is down 7.9% on Aug 2, 2025 18:36

• SUI experienced a strong bearish movement today, possibly influenced by the upcoming 44 million token unlock causing fears among investors.
• Despite a recent six-month high and positive indicators like record high TVL and Open Interest, SUI's price declined by nearly 2% for the third consecutive day.
• The bullish outlook for crypto regulation by SEC Chair Atkins did not seem to positively impact SUI's price, indicating that other factors like token unlocks may have had a more significant impact on the market movement.
• Investors might be cautious due to the downside risk associated with the upcoming token unlock, leading to a bearish sentiment despite recent gains and positive market indicators.

SUI Price Chart

SUI Technical Analysis

SUI News

Pump.fun, Bitcoin and Sui fall sharply, ignoring SEC Chair Atkins' promise of crypto "golden age"

Paul Atkins, Chair of the Securities & Exchange Commission (SEC), shared a bullish outlook for crypto regulation in the US in a recent speech. Chair Atkins said the changes within the commission’s approach to crypto firms could usher in the “golden age” for crypto during the Trump administration.

https://www.fxstreet.com/cryptocurrencies/news/pumpfun-bitcoin-and-sui-fall-sharply-ignoring-sec-chair-atkins-promise-of-crypto-golden-age-202508011755

Sui Price Forecast: SUI loses ground amid fears over upcoming 44 million token unlock

Sui (SUI) loses ground by nearly 2% at press time on Wednesday, extending the pullback for the third consecutive day. The downside risk escalates for Sui as its Open Interest declines ahead of a 44 million token unlock on Friday.

https://www.fxstreet.com/cryptocurrencies/news/sui-price-forecast-sui-loses-ground-amid-fears-over-upcoming-44-million-token-unlock-202507301127

SUI Price Forecast: SUI eyes further gains amid record high TVL, Open Interest

Sui (SUI) edges lower by nearly 1% at press time on Monday, consolidating recent gains after reaching a six-month high of $4.44 earlier in the day, levels unseen since the Cetus hack in May.

https://www.fxstreet.com/cryptocurrencies/news/sui-price-forecast-sui-eyes-further-gains-amid-record-high-tvl-open-interest-202507280826

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Sui Price History

15.06.2025 - SUI Crypto was up 5.5%

• SUI has seen a notable nearly 12% surge, edging closer to the $4 mark, signaling robust bullish sentiment among investors.
• The technical surge toward $4.00 is backed by the growth in Total Value Locked (TVL) within the DeFi ecosystem, indicating a rising interest in decentralized finance.
• Despite Bitcoin pulling back following a peak, SUI and other leading crypto gainers like XCN and PENGU have sustained their momentum, hinting at a shift in attention towards alternative cryptocurrencies.
• The sustained interest from investors in the broader cryptocurrency market, along with positive developments in the DeFi sector, likely underpins SUI's upward trajectory as investors explore opportunities beyond traditional assets such as Bitcoin.

09.06.2025 - SUI Crypto was up 5.0%

• The bullish movement of SUI could be linked to the market's recovery as well as investors' interest in altcoins like SUI.
• Despite Bitcoin's decline affecting market sentiment initially, meme coins and layer-2 altcoins, including SUI, showcased strong performance, hinting at a shift in focus towards these assets.
• Market dynamics suggest that investors are diversifying their holdings and exploring opportunities in altcoins such as SUI, which have displayed resilience and potential for profit despite fluctuations in the overall market.
• The positive momentum of SUI might also be driven by specific internal developments or factors within its ecosystem that are generating investor enthusiasm and trust in the token.

30.06.2025 - SUI Crypto was down 5.3%

• The bearish movement in SUI today can be attributed to the fears surrounding the upcoming unlock of 44 million tokens. This event has increased downside risk and led to a decline in Open Interest, causing investors to sell off their positions.
• Despite reaching a six-month high recently, the consolidation and subsequent pullback in SUI's price indicate a period of profit-taking and uncertainty among traders.
• The record high Total Value Locked (TVL) and Open Interest in SUI had initially fueled optimism for further gains. However, the looming token unlock and market conditions have shifted sentiment towards a more cautious outlook, resulting in the recent bearish movement.

30.05.2025 - SUI Crypto was down 5.1%

• SUI token experienced a notable decline today, despite a prior increase of over 4%.
• An upcoming unlock of $119 million worth of SUI tokens is seen as a factor in the token's decline, possibly due to expectations of increased supply and potential selling activity by investors.
• The general market outlook toward altcoins facing significant token unlocks this week may have prompted traders to proceed cautiously, impacting the bearish movement of SUI token.
• The collective release of $484 million in tokens from various major altcoins, including SUI, is causing market uncertainty and selling pressure, contributing to the decline in SUI token value.

02.07.2025 - SUI Crypto was down 7.9%

• SUI experienced a strong bearish movement today, possibly influenced by the upcoming 44 million token unlock causing fears among investors.
• Despite a recent six-month high and positive indicators like record high TVL and Open Interest, SUI's price declined by nearly 2% for the third consecutive day.
• The bullish outlook for crypto regulation by SEC Chair Atkins did not seem to positively impact SUI's price, indicating that other factors like token unlocks may have had a more significant impact on the market movement.
• Investors might be cautious due to the downside risk associated with the upcoming token unlock, leading to a bearish sentiment despite recent gains and positive market indicators.

11.06.2025 - SUI Crypto was up 11.9%

• SUI's surge to approximately $3.21 is linked to sustained investor interest in cryptocurrencies and the strong expansion of the DeFi sector.
• Optimistic projections targeting $4.00 suggest a favorable technical breakout potential for SUI, supported by the growth in Total Value Locked (TVL).
• Despite declines in Bitcoin affecting some layer-1 tokens adversely, SUI has attracted investors' interest and distinguished itself amid market volatility.
• The market's resurgence has increased enthusiasm for meme coins and layer-2 altcoins, with SUI-associated altcoin Walrus (WAL) standing out as part of the segment that has surpassed broader market gains, reflecting positive sentiment towards SUI in the cryptocurrency community.

02.06.2025 - SUI Crypto was up 5.2%

• SUI's bullish movement today can be attributed to the anticipation and positive sentiment surrounding the upcoming $119 million token unlock, leading investors to buy into the token.
• The market volatility caused by over $484 million in token unlocks across major altcoins this week might have also contributed to SUI's bullish movement as traders seek potential opportunities in the crypto market.
• Despite concerns about a potential 15% decline in SUI's value due to market sentiment slowing down, the token managed to defy expectations and gain over 4%, showcasing resilience and investor confidence in its future prospects.

20.05.2025 - SUI Crypto was down 5.9%

• SUI's decline was influenced by multiple factors, including the risk of a triangle breakdown and a prevailing bearish sentiment in the market.
• The recent geopolitical tensions in the Middle East may have also played a role in pushing SUI's price down.
• Both the drop in Open Interest (OI) and the increase in taker sell volume suggested a prolonged period of decline for SUI, signaling a bearish trend in the derivatives market.
• Despite attempts by buyers to initiate a recovery, SUI struggled to hold its support level at $2.78, leading to a continued downward trajectory in its price.

29.06.2025 - SUI Crypto was down 8.1%

• SUI had a strong bearish movement despite recent gains and reaching a six-month high earlier in the day.
• The consolidation of recent gains may indicate profit-taking by investors.
• The reference to the Cetus hack in May suggests that concerns about security breaches in the cryptocurrency space could be affecting SUI's price movement.
• The overall market sentiment towards cryptocurrencies may also be influencing SUI's bearish movement, as investors react to broader market trends and news.

16.05.2025 - SUI Crypto was up 5.7%

• SUI had a strong bullish movement today, potentially due to the overall recovery in the cryptocurrency market.
• The weekend gains in SUI could be attributed to the positive momentum building in the altcoin space, with signs of double-digit gains for tokens like SUI.
• The sell-off triggered by geopolitical tensions in the Middle East seems to have subsided, allowing for a more bullish sentiment in the market, benefiting tokens like SUI.
• Despite the previous dip in price due to external factors, SUI has managed to rebound and show resilience, indicating a potential upward trend in the near future.

04.06.2025 - SUI Crypto was down 5.3%

• The bearish movement of SUI today could be attributed to the overall subdued market sentiment amid geopolitical tensions and macroeconomic uncertainty.
• The upcoming $120 million token unlock for SUI may have added selling pressure, leading to a 15% decline risk.
• While other meme coins and altcoins like PENGU, FARTCOIN, and WAL have been front-running the market recovery, SUI seems to be struggling to gain positive momentum.
• The heightened volatility in the crypto market due to significant token unlocks across major altcoins, including SUI, might have also contributed to the bearish movement of SUI today.

28.05.2025 - SUI Crypto was up 5.1%

• SUI saw a significant bullish movement of over 4% due to the anticipation of a $119 million unlock of its token into circulation.
• The upcoming unlock of $119 million worth of SUI tokens generated positive sentiment among investors, leading to the price surge.
• This unlock event is likely seen as a vote of confidence in SUI's future prospects, driving buying interest and pushing the price higher.
• The market's reaction indicates that investors are optimistic about the potential impact of the increased token circulation on SUI's ecosystem and value proposition.