The SUI ecosystem continues to demonstrate growth, with revenue reaching $30 million as of April 9, 2025. Key developments regarding price changes and application growth show significant user activity.
Technical Price Reaction and Ecosystem Expansion
SUI's price shows a market cycle of breakout, rally, and retracement into previous support zones. The latest support around $2 has recently triggered a bounce. According to Michael Van de Poppe, SUI broke out from a horizontal range between $0.50 and $1.50 in late 2023, leading to a sharp rally peaking near $5.50 in early 2025.
Revenue Milestone and Protocol Growth Trajectory
DonEGG reported that as of April 9, 2025, SUI has achieved $30,051,739 in revenue. Revenue grew from under $2 million to over $10 million by September 2024. In Q1 2025, the ecosystem added nearly $5 million, with an 8.89% growth reported over the last 30 days. No revenue dips occurred during the last 15 months.
Current Dynamics and Support Levels
Current data shows the price of SUI has solidified at the support level near $2, which was previously a resistance level. The Relative Strength Index remains below 50, indicating no clear momentum. Volume has stayed low during the correction, showing limited selling pressure.
The state of the SUI ecosystem and its price levels indicate sustainable growth and an active user base. Current support levels and corrections show strong fundamentals.
