Sui ($SUI) Crypto Forecast: Down 5.1% Today

What is Sui?

Asset SUI is a cryptocurrency token that has gained popularity in the market recently due to the launch of the suiUSDe stablecoin and achieving a record-high Total Value Locked (TVL).

Why is Sui going down?

SUI crypto is down 5.1% on Oct 7, 2025 15:46

• Despite recent positive developments, SUI faced a bearish movement today.
• The market reaction could be influenced by short-term factors like profit-taking or external market conditions, potentially causing the downward trend.
• Investors might be capitalizing on the recent price increase to realize gains, resulting in a temporary decline in SUI's value.
• It is important to closely observe market sentiment to ascertain whether this bearish movement signifies a brief correction or a more prolonged trajectory.

SUI Price Chart

SUI Technical Analysis

SUI News

Sui Price Forecast: SUI rebounds amid record-high TVL, suiUSDe announcement

Sui (SUI) price advances above $3.50 at the time of writing on Thursday, fueled by the announcement of the suiUSDe stablecoin. Meanwhile, the Total Value Locked (TVL) is at record-high levels, and rising Open Interest supports the bullish technical outlook.

https://www.fxstreet.com/cryptocurrencies/news/sui-price-forecast-sui-rebounds-amid-record-high-tvl-suiusde-announcement-202510021146

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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.

18.08.2025 - SUI Crypto was up 11.2%

• SUI's price breakthrough past important resistance levels highlights a robust bullish momentum.
• The prevalent positive sentiment in the broader cryptocurrency market, supported by increasing risk appetite, likely played a role in driving SUI's upward trajectory.
• The backing from the surging DEX activity and advantageous funding rates added to investor confidence in SUI, driving its price closer to the $4.44 mark.
• Combining market positivity, rising DeFi TVL, and token-specific factors propelled SUI to achieve substantial gains and set its sights on higher price milestones.

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.

01.08.2025 - SUI Crypto was down 5.1%

• The bearish movement of SUI could be attributed to the anticipation and uncertainty surrounding the massive $4.7 billion token unlocks in the crypto market this September.
• Investors might be cautious about the potential impact of such a substantial supply injection on the token's price and market dynamics, leading to selling pressure on SUI.
• The market sentiment towards SUI may have been further dampened by concerns about how the increased token supply could affect its scarcity and perceived value among traders.

20.07.2025 - SUI Crypto was down 5.4%

• SUI has slipped below a crucial support level, indicating a bearish trend in the market.
• The momentum indicator suggests a deeper correction may be on the horizon for SUI.
• On-chain data revealing the Spot Taker Cumulative Volume Delta (CVD) turning red signifies bearish dominance, further contributing to the downward pressure on SUI's price.
• The combination of these factors suggests that investors are currently more inclined towards selling SUI, leading to the bearish movement witnessed today.

15.08.2025 - SUI Crypto was down 6.1%

• Despite the positive sentiment in the broader cryptocurrency market, SUI experienced a bearish movement, indicating a divergence from the overall trend.
• The initial surge above $3.70 could have attracted profit-taking from traders, leading to a subsequent decline in SUI's price.
• The $2 billion DeFi TVL milestone might have initially boosted SUI's price, but profit booking and market dynamics could have contributed to the bearish movement later in the day.
• Investors should closely monitor SUI's price action and market sentiment to navigate potential price fluctuations in the future.

07.09.2025 - SUI Crypto was down 5.1%

• Despite recent positive developments, SUI faced a bearish movement today.
• The market reaction could be influenced by short-term factors like profit-taking or external market conditions, potentially causing the downward trend.
• Investors might be capitalizing on the recent price increase to realize gains, resulting in a temporary decline in SUI's value.
• It is important to closely observe market sentiment to ascertain whether this bearish movement signifies a brief correction or a more prolonged trajectory.

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.

07.07.2025 - SUI Crypto was up 6.3%

• Despite the bullish market movement of SUI, the price is showing signs of weakness and trading below $3.5, indicating some bearish sentiment.
• The sharp fall in SUI, along with Bitcoin, may have been influenced by market participants ignoring positive remarks on the future of crypto regulation, causing uncertainty and selling pressure.
• The conflicting signals of bullish market movement and bearish price action suggest that investors are cautious about the potential impact of regulatory changes on the cryptocurrency market.