Sui ($SUI) Crypto Forecast: Up 5.2% Today

What is Sui?

Asset SUI is a high-performance layer-1 blockchain token that has been experiencing fluctuations in its market value recently. Today, it saw a strong bullish movement amidst upcoming token unlocks and market uncertainties.

Why is Sui going up?

SUI crypto is up 5.2% on Jul 2, 2025 16:00

• 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.

SUI Price Chart

SUI Technical Analysis

SUI News

Sui’s $120 million linear token unlock risks 15% decline as market sentiment slows

Sui (SUI) continues to extend its losses from June, trading at around $2.71 on Tuesday. The high-performance layer-1 blockchain token has experienced a 15.5% decline over the last 30 days, reflecting subdued market sentiment amid geopolitical tensions and macroeconomic uncertainty.

https://www.fxstreet.com/cryptocurrencies/news/suis-120-million-linear-token-unlock-risks-15-decline-as-market-sentiment-slows-202507011304

Over $484 million in token unlocks this week: SUI, ENA, OP, SOL, AVAX, and DOGE are in focus

This week, the crypto market braces for heightened volatility as over $484 million worth of tokens are set to be unlocked across major altcoins. According to Wu Blockchain, six altcoins with one-time tokens are expected to unlock more than $5 million each in the next seven days.

https://www.fxstreet.com/cryptocurrencies/news/over-484-million-in-token-unlocks-this-week-sui-ena-op-sol-avax-and-doge-are-in-focus-202506300558

SUI gains over 4% amid upcoming $119 million unlock

SUI is up 4% on Friday as the Layer-1 blockchain prepares to add $119 million worth of its token into circulation, contributing a major share of the unlocks for next week.

https://www.fxstreet.com/cryptocurrencies/news/sui-gains-over-4-amid-upcoming-119-million-unlock-202506272250

Trending Today

Litecoin ($LTC) Crypto Forecast: Up 5.4% Today

Dogecoin ($DOGE) Crypto Forecast: Up 7.6% Today

XRP ($XRP) Crypto Forecast: Up 5.1% Today

Solana ($SOL) Crypto Forecast: Up 5.2% Today

Ethereum ($ETH) Crypto Forecast: Up 7.8% Today

Whirlpool Corporation ($WHR) Stock Forecast: Up 5.1% Today

Bittensor ($TAO) Crypto Forecast: Up 5.1% Today

Centene Corporation ($CNC) Stock Forecast: Down 40.1% Today

UnitedHealth Group Incorporated (DE) ($UNH) Stock Forecast: Down 5.4% Today

Constellation Brands Inc. ($STZ) Stock Forecast: Up 5.0% Today

Sui Price History

10.05.2025 - SUI Crypto was up 5.2%

• The bullish movement in SUI today seems to stem from a recovery after testing significant support levels, signaling a resurgence in investor confidence.
• The positive momentum in the altcoin sector, exemplified by tokens like UNI also showing substantial gains, likely influenced SUI's upward trajectory.
• Despite facing challenges and pullbacks recently, the ability of SUI to sustain levels above $3.00 and increase today hints at a potential shift in market sentiment towards the token.

28.04.2025 - SUI Crypto was up 6.5%

• SUI witnessed a strong bullish trend following the announcement of full compensation for losses incurred by Cetus in a $223M exploit by the Sui Network.
• Seeking support from the community, Cetus revealed a recovery plan to retrieve $162 million after the Sui hack and secured a bridge loan from SUI.
• Investor confidence was boosted by SUI Network's introduction of a $10M security plan after the Cetus hack, resulting in a positive market response.
• The bullish price surge in SUI was driven by the news of enhanced security measures and compensation efforts, outweighing the overall market sentiment.

28.04.2025 - SUI Crypto was up 6.0%

• The bullish movement in SUI today can be attributed to the positive developments surrounding the Cetus Protocol hack and subsequent reimbursement efforts:
• The SUI community approving the return of $162M in stolen Cetus funds demonstrates a strong commitment to security and integrity within the ecosystem.
• Nasdaq's application to list 21Shares' SUI ETF indicates growing mainstream interest and adoption of SUI, boosting investor confidence.
• Cetus Protocol's announcement of 100% user reimbursement and SUI Network stepping in to compensate losses after the exploit have restored faith in the project, leading to a rally in both CETUS and SUI tokens.
• The community vote by Cetus to recover $162 million post-SUI hack shows a united front in addressing security breaches, reassuring investors and driving up SUI's value.

28.04.2025 - SUI Crypto was up 6.3%

• The surge in SUI's price can be linked to recent positive developments within the cryptocurrency sector, specifically related to the recovery of hacked funds in the CETUS token ecosystem.
• The Sui Foundation's support for a full compensation plan for users impacted by the $223M hack in CETUS tokens has bolstered positive market sentiment towards SUI.
• The community's approval of a $162M recovery transaction for victims of the CETUS hack has further instilled confidence in the token, leading to a rise in buying activity.
• Moreover, the filing by Nasdaq for the listing of 21Shares' SUI ETF might have attracted institutional investors and played a role in the bullish movement of SUI.

28.04.2025 - SUI Crypto was down 5.2%

• The bearish movement in SUI today might be linked to the exploit scare associated with the Cetus incident, leading to uncertainty among investors.
• Despite the negative impact of the exploit scare, the network's prompt response with a $10 million security commitment could help restore investor confidence and potentially support a rebound in the future.
• The positive development of SUI's increase alongside a Spot ETF filing and the community's voting on the Cetus recovery plan may signal resilience in the token's ecosystem, providing hope for a turnaround soon.
• The potential for a 100% surge in SUI, fueled by the Nasdaq ETF bid and favorable technical signals, indicates that market sentiment remains positive about the token's future outlook despite recent challenges.

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.

13.05.2025 - SUI Crypto was down 8.1%

• The bearish movement of SUI is believed to be linked to the overall crypto market downturn influenced by escalating conflict between Israel and Iran, creating a risk-off sentiment among investors.
• Despite a favorable momentum for SUI earlier in the week, the geopolitical tensions and subsequent market decline likely caused a shift in sentiment, leading to the bearish movement.
• The triangle fallout below $3 for SUI, along with a drop in Open Interest and Total Value Locked (TVL), suggests a decline in confidence and decreased participation in the token, further intensifying its downward trend.

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.

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.

05.05.2025 - SUI Crypto was down 5.2%

• SUI has been facing significant selling pressure, leading to a 26% retracement from its recent highs.
• The potential fallout from a triangle pattern could further contribute to the losses, with a target price of $2.71.
• Despite surviving a large number of unlocked tokens, the bearish sentiment persists, threatening to break the $3.00 support level.
• The overall market sentiment towards SUI remains negative, with investors cautious about the token's future performance.

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.