Recent data shows that cryptocurrency SUI is demonstrating a significant price recovery, showing a 5% rise today. Analysts express optimism regarding potential future growth.
SUI Price: Predictions and Analysis
Analysts note that SUI has broken out of a symmetrical triangle on the daily chart, which may indicate a potential rise to $7.80. The recent surge began from a support level of $3.70, with trading volumes exceeding $1.6 billion. The increase in trading volume and sentiment shift adds hopes for sustainable growth ahead.
Market Dynamics and DeFi Interest
According to DeFiLlama, SUI's total value locked (TVL) reached a record $2.295 billion in July, indicating rising interest in DeFi on the network. The acceleration of DeFi adoption has seen a 40% increase since early 2025, and a nearly 400% year-on-year surge. Institutional investors, such as Mill City Ventures, are also actively investing in SUI.
ETF Opportunities for SUI
Current growth in ETF interest, rising network adoption, and recent events create a positive backdrop for SUI. The CBOE has proposed rule changes to simplify the crypto ETF listing process. This could significantly boost altcoins, including SUI.
SUI's recovery and growing interest in various financial instruments like ETFs create an optimistic mood among analysts. Predictions indicate possible price growth and further integration into the global economy.
