Why did the price of SUI fall?
Sui (SUI) dropped 5.74% to $2.03 in the last 24 hours, underperforming the overall crypto market, which fell 2.94%. This decline was driven by profit-taking, negative technical signals, and investors moving money out of altcoins.
- Market-wide pullback – The Crypto Fear & Greed Index hit 26 (Extreme Fear), causing investors to avoid risk.
- Technical resistance – SUI failed to break above the $2.25 level, triggering stop-loss orders.
- Shift to Bitcoin – Investors moved funds to Bitcoin, with its market dominance rising by 0.12%, while altcoins like SUI weakened.
Deep Dive
1. Market-Wide Risk Aversion (Negative Impact)
Overview:
The entire crypto market saw selling pressure, with total market value dropping 2.94% to $3.47 trillion. The Crypto Fear & Greed Index, which measures market sentiment, fell to 26, signaling extreme fear among traders. This was influenced by uncertainty around the U.S. government shutdown vote and Bitcoin’s price falling below $104,000.
What this means:
SUI’s larger drop compared to the market average is due to its higher volatility compared to Bitcoin. Historically, altcoins like SUI tend to fall two to three times more than Bitcoin during times of market fear.
What to watch:
Keep an eye on the U.S. House vote regarding the government shutdown. A resolution could calm the markets, while delays might prolong the cautious mood (Binance News).
2. Technical Breakdown (Mixed Impact)
Overview:
SUI was unable to stay above the important $2.25 resistance level, which is based on a key Fibonacci retracement from recent highs. On the 4-hour chart:
- The Relative Strength Index (RSI) is at 34.86, nearing oversold but not extreme.
- The price is below major moving averages (7-day average: $2.08, 30-day average: $2.39).
What this means:
Traders likely sold their positions after the price failed to break resistance, especially since trading volume is relatively low (SUI’s 24-hour turnover is 11.4%, compared to Ethereum’s 16.2%). The next support level to watch is between $1.93 and $1.95, where the price previously bounced in October.
3. Altcoin Sentiment Shift (Negative Impact)
Overview:
Altcoins experienced heavier selling pressure as Bitcoin’s dominance in the market increased to 59.39%. SUI’s performance was similar to other altcoins like Solana (SOL), which fell 4%, and XRP, down 3%. Data shows:
- SUI’s open interest (the total value of active contracts) dropped 15% (CoinMarketCap).
- Long position liquidations totaled $6.1 million, while shorts liquidated $2.9 million.
What this means:
Traders closed leveraged bets on altcoins due to broader market uncertainty. SUI’s recent 7-day gain of 2.7% made it a target for profit-taking, especially compared to Bitcoin’s 5.3% drop over the same period.
Conclusion
SUI’s recent decline is due to a combination of market uncertainty, technical resistance, and investors shifting away from altcoins. Although the TD Sequential indicator suggests a possible short-term rebound (a buy signal appeared on November 10), the key level to watch is $1.93. Holding this support is crucial ahead of the U.S. government shutdown vote. If SUI falls below this, it could retest the November low near $1.85.
What could affect the price of SUI?
The future price of Sui (SUI) depends on key technical signals, progress with ETF approvals, and how widely the platform is adopted in real-world use.
- Positive technical signs – A TD Sequential buy signal points to a possible breakout above $3.
- ETF approval process – The SEC’s review of spot SUI ETFs could bring in more institutional investors.
- Growing adoption – Partnerships like Domino’s accepting crypto payments and custody services increase Sui’s practical use.
Deep Dive
1. Technical Reversal Signals (Positive Outlook)
Overview:
On November 10, 2025, Sui showed a TD Sequential buy signal after holding steady near $1.80. Experts, including analyst Ali, suggest that if Sui stays above $2.80, it could rise to between $3 and $4. Technical tools like Fibonacci extensions point to targets around $3.33 to $4.17. The Relative Strength Index (RSI) at 34.86 indicates there’s room for the price to go up, but the 200-day Simple Moving Average (SMA) at $3.29 may act as a resistance level.
What this means:
In the past, TD Sequential buy signals for SUI have led to big price increases—for example, a 380% jump in late 2024. If Sui can consistently close above $2.80, automated trading systems might push the price higher. However, if it falls below $1.80, it could test its yearly low again.
2. ETF Approval Process (Uncertain Impact)
Overview:
The U.S. Securities and Exchange Commission (SEC) is currently reviewing ETF proposals from 21Shares and Canary Capital that would allow investors to buy SUI through exchange-traded funds. A decision is expected by January 2026. Futures trading interest reached $1.2 billion in July 2025, showing strong market anticipation. However, the SEC has delayed approval of similar altcoin ETFs before, which adds uncertainty.
What this means:
If approved, these ETFs could attract large amounts of institutional money, similar to how Bitcoin ETFs have brought in $138 billion in assets under management. But if the SEC rejects the proposals, SUI’s price could face downward pressure, especially since it has already dropped nearly 50% over the past 90 days. The SEC’s 240-day review period means we can expect increased price swings around key decision dates.
3. Adoption and Competition (Mixed Outlook)
Overview:
Sui is gaining real-world use through partnerships like Domino’s in Cyprus, which accepts USDC stablecoin payments on the Sui network, and Crypto.com’s integration for secure custody of SUI tokens. However, competitors like Solana, with its Alpenglow upgrade, offer transaction finality speeds 100 times faster, challenging Sui’s technical advantages.
What this means:
These payment partnerships could increase transaction volume and total value locked (TVL) on Sui, currently around $2 billion. Still, if developers and users shift to faster or more established platforms, Sui’s growth could slow. The number of active addresses has grown 26% quarter-over-quarter, showing some resilience, but Sui needs to keep expanding faster than its rivals to stay competitive.
Conclusion
Sui’s price will depend on turning positive technical signals into a lasting recovery, gaining ETF approvals to attract institutional investors, and continuing to grow its user base despite competition. Keep an eye on the SEC’s decision timeline for 21Shares’ ETF and whether SUI’s price can hold above the key $2.10 Fibonacci retracement level. The question remains: can Sui use its Move VM technology to overcome broader market challenges?
What are people saying about SUI?
The Sui (SUI) community is caught between excitement over potential price gains and concerns about upcoming token releases. Here’s what’s currently shaping the conversation:
- Analysts are eyeing a $7 price target, driven by technical patterns and hopes for new investment products like ETFs.
- A $77 million token unlock is coming up, which could lead to selling pressure and push prices below $2.56.
- The Relative Strength Index (RSI), a tool that measures if an asset is oversold or overbought, is showing signs that a price rebound might be on the way.
Deep Dive
1. Bullish ETF Momentum
@johnmorganFL shared a positive outlook:
"SUI Price Prediction: Analyst Targets $7 Amid $1T Stablecoin Surge and Swiss Bank Backing"
This suggests that growing interest from big financial players, including potential ETF filings and partnerships with banks, could bring new investment into SUI. This is generally good news for the price.
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2. Bearish Token Unlock Pressure
An anonymous trader posted on CoinMarketCap:
"$77M token unlock this week risks breaking $2.56 support"
This means that a large amount of SUI tokens (about 2.1% of all tokens currently available) will become available soon. If many holders decide to sell, it could push the price down in the short term.
See the original post
3. Technical Rebound Brewing
@SuiInsiders noted:
"RSI at 23.27 signals extreme oversold conditions – bounce likely"
The RSI is a common indicator used to identify when an asset might be undervalued. An RSI below 25 often signals a strong chance of a price bounce. Historically, SUI has bounced back 83% of the time when the RSI hits this level. However, for a confirmed rebound, the price needs to rise above $2.05.
See the original post
Conclusion
The outlook for SUI is mixed. Technical indicators suggest the price might bounce back soon, especially if it can break above the $2.05 resistance level. On the other hand, the upcoming token unlock could create selling pressure that drags the price down. Keep an eye on the $2.05 level this week: closing above it could signal a positive trend, while falling below might test the recent low of $1.93 from November.
What is the latest news about SUI?
Sui is gaining momentum through a mix of big institutional moves and real-world use cases. Here’s the latest update:
- Crypto.com Custody Launch (November 11, 2025) – Secure and regulated storage for SUI tokens makes it easier for big investors to get involved.
- Domino’s Accepts Crypto Payments via Sui (November 11, 2025) – Domino’s in Cyprus is testing crypto payments using USDC on Sui, speeding up checkout times.
- TD Sequential Buy Signal (November 10, 2025) – Technical analysis suggests SUI could rebound to $3 if it holds above $1.80.
Deep Dive
1. Crypto.com Custody Launch (November 11, 2025)
What happened: Crypto.com teamed up with Sui to offer a secure, regulated way for institutions to store SUI tokens. This service uses Crypto.com’s licenses and security systems, aimed at big investors and companies.
Why it matters: This is a positive sign for SUI’s reputation. When regulated custody options become available, it often leads to more institutional investment. This move also fits with growing interest in crypto ETFs, like the one 21Shares is applying for, which could help keep demand steady over time. (Crypto.com)
2. Domino’s Accepts Crypto Payments via Sui (November 11, 2025)
What happened: Domino’s Pizza in Cyprus started accepting crypto payments through xMoney’s platform, focusing on USDC on Sui because transactions finalize in less than a second. This setup avoids complicated redirects, making checkout faster.
Why it matters: This is a neutral to positive development for SUI. Although Domino’s isn’t using SUI tokens directly, this shows how Sui’s technology can handle fast, high-volume retail payments. If successful, it could lead to more businesses adopting similar solutions. (Decrypt)
3. TD Sequential Buy Signal (November 10, 2025)
What happened: Analyst Ali Martínez spotted a TD Sequential buy signal on SUI’s daily price chart. This suggests a possible price floor at $1.80 after a recent 6% drop in a week. Past signals like this have led to big rallies, including a 380% jump in October.
Why it matters: This is cautiously optimistic for the short term. For the rebound to hold, SUI needs to stay above $1.80 and close above $2.80. However, overall market fear (with the Crypto Market Fear & Greed Index at 26) could limit gains. (CryptoNewsLand)
Conclusion
This week, Sui shows progress in building infrastructure with new custody and payment options, but its price remains fragile. At $2.02 (down 27% over the past month), SUI’s future depends on whether institutional interest can balance out selling pressure from retail investors. The coming weeks will reveal if these developments can help Sui regain momentum.
What is expected in the development of SUI?
Sui’s development is progressing with key upcoming milestones:
- HyperSui DEX Mainnet (Q4 2025) – A native decentralized exchange designed to boost Sui’s decentralized finance (DeFi) ecosystem.
- Programmable P2P Tunnels (2025) – Off-chain, privacy-focused transactions that happen instantly.
- SCION Network Integration (2025) – Improved protection against internet attacks like DNS hijacking and DDoS.
Deep Dive
1. HyperSui DEX Mainnet (Q4 2025)
Overview: HyperSui is a decentralized exchange (DEX) launching on Sui’s main blockchain in late 2025. It aims to bring together scattered liquidity, support easy token swaps, advanced trading options like leveraged perpetual contracts, and enable cross-chain transactions. The platform focuses on low fees, fast processing, and strong security suitable for institutional users.
What this means: This development is positive for SUI because it could attract more DeFi users, increase the total value locked (TVL) on the platform, and strengthen Sui’s role as a key liquidity provider. However, it faces competition from existing DEXs and depends on how quickly users adopt it.
2. Programmable P2P Tunnels (2025)
Overview: Sui is working on programmable peer-to-peer tunnels that allow private, off-chain transactions with almost no delay. Supported by research from Carnegie Mellon University, this feature targets applications in Internet of Things (IoT), gaming, and business sectors.
What this means: This is somewhat positive as it broadens Sui’s use cases beyond traditional DeFi. Success depends on how developers and businesses integrate this technology into real-world applications.
3. SCION Network Integration (2025)
Overview: Integrating the SCION network will help protect Sui from common internet threats like DNS hijacking, BGP routing attacks, and distributed denial-of-service (DDoS) attacks. This upgrade is important for attracting institutional users by ensuring the network remains stable and secure.
What this means: This is good news for Sui’s long-term security and reliability, lowering the risk of network disruptions. However, it may not immediately affect SUI’s price unless combined with broader ecosystem growth.
Conclusion
Sui’s roadmap focuses on improving scalability (HyperSui), privacy (P2P tunnels), and security (SCION), aiming to strengthen its position in both DeFi and enterprise markets. With growing institutional interest, including ETF filings and partnerships like Crypto.com’s custody service, Sui’s ecosystem is set for growth. The key question remains: will these technical improvements lead to sustained user adoption?
What updates are there in the SUI code base?
Sui’s latest updates focus on making the network faster, safer, and easier for developers to build on.
- Mysticeti v2 Upgrade (November 7, 2025) – Improved system design that processes transactions in parallel, cutting delays by up to 35%.
- Security Expansion Program (September 4, 2025) – A $10 million investment to boost security with audits, threat detection, and anti-scam tools.
- Testnet v1.51.2 (July 5, 2025) – Added new features for complex transactions and encrypted communication between validators.
Deep Dive
1. Mysticeti v2 Upgrade (November 7, 2025)
What it is: Mysticeti v2 combines two key parts of the network—consensus and validation—into one streamlined process. It uses a technology called Directed Acyclic Graph (DAG) to handle many transactions at the same time. This reduces the time it takes to confirm transactions by 35% in Asia and 25% in Europe.
The upgrade removes extra steps that slowed down transaction approval. Now, validators (the network’s transaction verifiers) can finalize transactions in under a second, even when handling very high volumes (tested at 100,000 transactions per second). A new system called the Transaction Driver directs transactions efficiently to reduce network traffic and CPU load by about half (Source).
Why it matters: Faster transaction processing and higher capacity make SUI more attractive for decentralized finance (DeFi) and gaming projects, which rely on quick and reliable networks.
2. Security Expansion Program (September 4, 2025)
What it is: This is a multi-year plan backed by $10 million to strengthen Sui’s security. It includes real-time monitoring for attacks, detecting harmful decentralized apps (dApps), and automatically shutting down impersonators.
The program also supports advanced tools like the Sui Move Prover, which formally verifies smart contracts, and Bugdar, an AI-powered contract auditing tool (Source).
Why it matters: While this won’t have an immediate impact on SUI’s price, it builds long-term trust by making the network safer and more reliable, which is important for attracting serious developers and institutional users.
3. Testnet v1.51.2 (July 5, 2025)
What it is: This update introduced “Party” objects, which let developers experiment with multi-signature transactions—useful for things like decentralized governance or sharing game rewards. It also added TLS encryption to secure communication between validators.
Additionally, improvements to the developer tools reduced the time it takes to set up projects by 30–50%, making it easier and faster to build on Sui (Source).
Why it matters: If Party objects move from testnet to the main network, they could enable new types of DeFi and gaming applications, while also improving network security.
Conclusion
Sui’s recent upgrades focus on making the network faster (Mysticeti v2), more secure (Security Expansion Program), and more developer-friendly (testnet improvements). Although Sui competes with many other Layer 1 blockchains, these changes strengthen its position for high-speed, secure decentralized applications. With developer growth up 16.1% year-over-year, it will be interesting to see how these tools help Sui expand its ecosystem and influence.