What could affect the price of SUI?
Sui’s price is balancing between growing interest in decentralized finance (DeFi) and broader economic challenges.
- DeFi Growth – More total value locked (TVL) and stablecoin use are boosting adoption.
- Technical Improvements – Updates like Mysticeti v2 and Move VM 2.0 aim to make the network faster and more scalable.
- ETF Uncertainty – The SEC’s review of SUI ETFs could influence institutional investment.
Deep Dive
1. DeFi Adoption & Stablecoin Inflows (Positive Factors)
Overview:
Sui’s DeFi TVL jumped to $2.06 billion in 2025, a 70% increase month-over-month. This growth is driven by BTCFi protocols and stablecoins such as USDC, FDUSD, and Agora’s AUSD. Integrations like Ondo Finance’s USDY and Circle’s USDC have brought in more institutional-level liquidity.
What this means:
Higher TVL usually means more network activity and fee revenue, which tends to increase demand for the native token. Stablecoins help reduce price swings, making DeFi on Sui more attractive to investors. However, Sui faces competition from Solana, which recently launched the Alpenglow upgrade that is 100 times faster, posing challenges for Sui’s scalability (CMC Community).
2. Protocol Upgrades & Ecosystem Tools (Mixed Factors)
Overview:
Mysticeti v2, launched in August 2025, significantly reduces delays in shared object transactions. Move VM 2.0 promises to speed up execution by 30–65%. Wallet-as-a-Protocol (WaaP), using Ika’s MPC technology, improves security but adoption has been slow.
What this means:
Better performance could attract high-frequency decentralized apps (dApps) like games and AI tools. However, delays in mainnet updates risk losing developer interest. WaaP’s security model lowers custody risks, but concerns remain about validator centralization after the Cetus hack, which caused an 8% price drop in May 2025 (The Block).
3. Regulatory & Macro Risks (Negative Factors)
Overview:
The SEC is reviewing SUI ETF proposals from 21Shares and Canary, with a decision expected in 45 to 240 days. Meanwhile, Bitcoin’s dominance at 59.15% reflects cautious sentiment toward altcoins.
What this means:
If the ETF is approved, SUI could see a rally similar to Bitcoin’s 2024 ETF-driven surge of 150%. If rejected, SUI’s recent 33% decline over 90 days may continue. Other risks include rising leverage in the market (open interest at $931 billion, down 17.5% month-over-month) and a moderate Fear Index score of 28/100, which could increase price volatility (CoinMarketCap).
Conclusion
Sui’s price outlook depends on how well it balances DeFi innovation with concerns about validator centralization and regulatory uncertainty. While technical upgrades position Sui for growth in gaming and AI applications, Bitcoin’s market dominance and SEC delays may limit short-term gains. Will Mysticeti v2’s speed improvements help Sui outshine Solana’s Alpenglow in attracting developers?
What are people saying about SUI?
The Sui (SUI) community is debating whether the growing activity in its ecosystem can overcome recent negative price trends. Here’s what’s currently making headlines:
- Optimistic price forecasts – Experts are eyeing prices above $7, driven by excitement around ETFs and adoption by a Swiss bank.
- Concerns over token unlocks – A large release of $77 million worth of tokens could lead to increased selling pressure.
- Strong ecosystem fundamentals – Despite the price drop, the total value locked (TVL) in Sui’s decentralized finance (DeFi) projects has reached $2.65 billion.
Deep Dive
1. @johnmorganFL: "$SUI to $7 with Swiss bank backing" Bullish
"SUI’s institutional adoption through AMINA Bank and Mill City’s $450 million fund sets the stage for a supply shortage."
– @johnmorganFL (212K followers · 1.2M impressions · August 9, 2025)
View original post
What this means: This is positive news for SUI because regulated custody and trading services like those from AMINA Bank can reduce the number of tokens available for sale, attracting more institutional investors.
2. @naypyidaw: "$SUI targets $7.7–$11.2" Bullish
"Technical analysis using Fibonacci retracement levels suggests a price breakout if SUI holds support at $3.60."
– @naypyidaw (89K followers · 387K impressions · October 18, 2025)
View original post
What this means: Traders using technical charts see potential for price gains if SUI stays above key support levels. However, the Relative Strength Index (RSI) at 45.33 indicates neutral momentum, so the market could still go either way.
3. CoinMarketCap Community: "$77M token unlock risks drop to $1.65" Bearish
"SUI faces a critical week with 58 million tokens (worth $77 million) unlocking. If the price falls below $2.56, it could trigger a wave of selling."
– @CMCUser (Post: June 30, 2025 · 2.1K views)
View original post
What this means: This is a short-term negative signal because the increased token supply might lead to more selling. However, long-term investors might see this as a chance to buy at lower prices.
Conclusion
The outlook for SUI is mixed. On one hand, the ecosystem is growing strongly, with TVL up 90% month-over-month and increasing institutional interest. On the other hand, upcoming token unlocks and uncertain price trends create risks. Keep an eye on the $4 resistance level—if SUI closes above it, that could confirm a positive trend. But if it falls below $2.56, selling pressure might intensify. Watching how SUI’s TVL compares to its price can provide clues about whether the momentum is sustainable.
What is the latest news about SUI?
Sui’s ecosystem is buzzing with new partnerships, security improvements, and innovations in stablecoins. Here are the latest updates:
- LCAP Token Launch (October 22, 2025) – Reserve introduced a crypto index fund token on Sui, making it easier to invest in a broad range of cryptocurrencies.
- Wallet-as-a-Protocol Launch (October 22, 2025) – Ika and Human Tech rolled out a new secure wallet system that splits private keys for better safety.
- TBook Raises $5M (October 21, 2025) – TBook secured funding to grow its stablecoin payout platform, expanding Sui’s real-world applications.
Deep Dive
1. LCAP Token Launch (October 22, 2025)
What happened: Reserve, working with CF Benchmarks, launched LCAP, a token that acts like a crypto index fund on the blockchain. It tracks about 95% of the crypto market, giving investors a simple way to get broad exposure, similar to an ETF. The token quickly attracted $5 million in assets and 20,000 holders.
Why it matters: This is good news for Sui because it makes investing in crypto easier for both everyday investors and institutions. More users and money flowing through Sui could boost its growth and liquidity. LCAP’s success might also help Sui become a key platform for advanced crypto investment products.
(Source: TheStreet)
2. Wallet-as-a-Protocol Launch (October 22, 2025)
What happened: Ika and Human Tech introduced Wallet-as-a-Protocol (WaaP), a decentralized wallet system using advanced cryptography called 2PC-MPC. This technology splits private keys between the user and the network, reducing the risk of hacks or lost keys. WaaP supports Bitcoin, Solana, and Ethereum-compatible blockchains.
Why it matters: This development is somewhat positive for Sui. WaaP improves security and allows different blockchains to work together, though its benefits aren’t exclusive to Sui. Still, integrating WaaP with Sui’s decentralized finance (DeFi) projects could encourage more developers to build on Sui.
(Source: CryptoPotato)
3. TBook Raises $5M (October 21, 2025)
What happened: TBook raised $5 million in funding led by the Sui Foundation to expand its StableFi platform. This platform allows instant payouts in stablecoins and helps distribute yields from real-world assets. So far, it has processed nearly $10 million in assets on Sui and TON blockchains.
Why it matters: This is a strong positive for Sui’s real-world use. TBook focuses on remittances and creator economies, which fits well with Sui’s goal to build practical DeFi applications. This could bring more users and liquidity to the Sui network.
(Source: Decrypt)
Conclusion
Sui is making strides by focusing on both strong infrastructure for institutions (like LCAP and WaaP) and practical applications for everyday users (like TBook). These upgrades not only strengthen Sui’s DeFi capabilities but also broaden its real-world use cases beyond just trading. The question now is whether Sui’s focus on security and stablecoins will help it stand out in the crowded Layer 1 blockchain space.
What is expected in the development of SUI?
Sui’s development is moving forward with several key updates planned:
- Native Bridge (Early Q3 2024) – A secure, trustless connection between Sui and Ethereum blockchains.
- SuiNS .move Service (Late 2024) – Easy-to-read names for digital assets and programs on Sui.
- Deepbook v3 (Q2 2024) – An improved decentralized exchange for better trading and liquidity.
- Obfuscated NFTs (Q2 2024) – Privacy-focused NFTs that keep transaction details hidden.
Deep Dive
1. Native Bridge (Early Q3 2024)
Overview:
The Native Bridge will allow users to move assets safely between Sui and Ethereum without needing to trust a middleman. This uses Sui’s strong security features. The smart contracts have been audited, and testing on the Testnet finished in April 2024 (Sui Developer Forum).
What this means:
This is positive news for SUI because it could bring more Ethereum assets to Sui, making the network more useful. However, there could be delays or risks related to cross-chain security.
2. SuiNS .move Service (Late 2024)
Overview:
This service will let users and developers assign simple, human-friendly names (like wallet.move) to digital items on Sui. It’s still in development and not yet live (Sui Developer Forum).
What this means:
This feature will make Sui easier to use, especially for developers, but it probably won’t affect SUI’s price right away. Its success depends on how much the Sui community grows.
3. Deepbook v3 (Q2 2024)
Overview:
Deepbook v3 is a big upgrade to Sui’s decentralized exchange system, aiming to improve liquidity and offer advanced trading features. It’s planned for Testnet release in Q2 2024 (Sui Developer Forum).
What this means:
If more people use Deepbook, it could increase demand for SUI tokens, since they’re needed for transaction fees and staking. Still, competition from other decentralized exchanges is a factor to watch.
4. Obfuscated NFTs (Q2 2024)
Overview:
This new privacy feature uses zero-knowledge proofs to keep NFT transactions, bids, and ownership details hidden. It’s scheduled for Q2 2024 but hasn’t launched on the main network yet (Sui Developer Forum).
What this means:
This could be a game-changer for privacy-focused NFT collectors, especially in high-value markets. However, its wider impact depends on how the overall NFT market performs.
Conclusion
Sui’s roadmap highlights key areas: connecting with other blockchains (Native Bridge), making the platform easier to use (.move service), boosting decentralized finance options (Deepbook v3), and adding privacy features (Obfuscated NFTs). While timelines may shift, these updates could help Sui become a more attractive platform for developers and users. The big question is how quickly the community will adopt these new tools alongside the technical progress.
What updates are there in the SUI code base?
Sui’s technology is making strong progress with important security updates, new testnet features, and growing developer support.
- Mainnet Security Upgrade (June 9, 2025) – Added tools to manage network traffic and recover stolen funds.
- Testnet Party Objects (June 29, 2025) – Introduced new transaction types for DeFi and gaming experiments.
- Developer Growth (Electric Capital Report) – Full-time developers increased by 16.1% year-over-year.
In-Depth Look
1. Mainnet Security Upgrade (June 9, 2025)
What happened:
The latest mainnet update (v1.49.2) added features to control network congestion during busy times and a way to recover funds lost in hacks, like the $223 million Cetus breach in May.
Why it matters:
This update builds trust by keeping the network stable when many users are active and by offering a way to recover stolen assets through community governance. Node operators need to update their software to stay compatible.
(Source)
2. Testnet Party Objects (June 29, 2025)
What happened:
The testnet update (v1.51.2) introduced “Party” objects, which allow more complex transactions similar to multi-signature setups, useful for decentralized finance (DeFi) and gaming applications. The tools for developers were also improved, cutting setup time by 30-50%. Additionally, communication between validators is now secured with TLS encryption.
Why it matters:
While still experimental, these features could lead to more advanced applications if adopted on the mainnet. Developers now have better tools to create richer experiences, and improved security helps protect the network.
(Source)
3. Developer Growth (Electric Capital Report)
What happened:
Despite a general slowdown in the crypto space, Sui’s full-time developer community grew by 16.1% year-over-year as of July 2025. Over 3,000 new contributors joined during a summer campaign.
Why it matters:
A growing developer base is a strong sign of a healthy and active ecosystem. Many developers are focusing on Sui’s unique Move programming language and its ability to scale horizontally, which is important for competing with other blockchain platforms like those using EVM.
(Source)
Conclusion
Sui is focusing on security, scalability, and empowering developers—key factors for its goals in DeFi and gaming. The $10 million security fund and ongoing testnet experiments show a careful balance between stability and innovation. The big question is whether Party Objects will unlock new possibilities once they launch on the mainnet.
Why did the price of SUI go up?
Sui (SUI) increased by 2.29% to $2.46 in the last 24 hours, outperforming the overall crypto market, which rose by 1.18%. The main reasons for this growth include:
- Launch of Wallet-as-a-Protocol – A positive sign for institutional adoption
- Technical Bounce from Oversold Levels – Recovery in key trading indicators
- Growth in Ecosystem – New stablecoin integrations and $5 million funding for TBook
Detailed Overview
1. Growing Institutional Adoption (Positive for SUI)
What happened: On October 22, Ika and Human Tech introduced Wallet-as-a-Protocol (WaaP), a decentralized system secured by Sui. This system removes the risks of third-party custody and supports assets from Bitcoin, Solana, and Ethereum. This positions Sui as a strong platform for professional Web3 tools used by businesses.
Why it matters: This partnership shows that institutions are gaining confidence in Sui’s ability to scale securely. WaaP allows for programmable rules and works across different blockchains, which could attract developers and companies looking for compliant decentralized finance (DeFi) solutions. This would increase demand for the Sui network.
What to watch: Keep an eye on how many users adopt the Human Wallet and whether the total value locked (TVL) on Sui grows after this integration.
2. Technical Recovery from Oversold Conditions (Mixed Signals)
What happened: The Relative Strength Index (RSI) for SUI dropped to 28.2 on October 11, indicating it was oversold—the lowest since May 2025. It has since bounced back to 33.09. The MACD indicator also improved, suggesting that the downward momentum is easing.
Why it matters: Although SUI is still trading below important moving averages (like the 7-day SMA at $2.50), this bounce shows traders might be expecting a short-term recovery. However, resistance levels at $2.64 and $3.06 could limit further gains.
What to watch: Watch if SUI can consistently close above $2.50, which would signal a stronger chance of a bullish trend developing.
3. Expansion in Stablecoin and Gaming Sectors (Positive for SUI)
What happened: Sui has integrated yield-generating stablecoins such as Game Dollar (launched in May 2025) and secured $5 million in funding for TBook, which supports payouts backed by real-world assets. Additionally, trading volumes on gaming decentralized exchanges (DEXs) tripled quarter-over-quarter, reaching $10.3 billion in July.
Why it matters: These developments show Sui is focusing on practical uses, which can reduce price volatility driven by speculation. The inflow of stablecoins ($1.1 billion in TVL) and partnerships with traditional financial institutions like Sygnum Bank (which offers custody services) strengthen SUI’s role as a reliable payment platform.
Conclusion
Sui’s recent price increase is driven by a combination of technical recovery, strategic partnerships aimed at enterprise adoption, and real progress in stablecoin and gaming applications. Although the overall crypto market remains cautious (with the Fear & Greed Index at 28), SUI’s focus on institutional-grade infrastructure could help it maintain relative strength.
Key point to watch: Will SUI stay above the $2.40 support level, especially with a large token unlock of $193 million expected on November 1?