Sui Price Surge and Market Outlook
Sui (SUI) delivered one of the strongest market recoveries this week, climbing 12% in 24 hours and reaching $1.53. The move signals renewed bullish momentum after a rocky period earlier this year. Trading volume also surged more than 70%, touching $1.14 billion, a strong indicator that investor appetite is returning. Analysts now expect SUI to retest key resistance levels at $1.80 and potentially $2.00, which would mark a 31% upside from current prices. This price action aligns with a wider market rebound, where several altcoins are stabilizing above long-term support zones.
Stablecoin Volume Fuels Sui's Expansion
One of the biggest catalysts behind Sui’s breakout is the massive stablecoin activity flowing through its network. In the last 24 hours alone, over $2.4 billion in stablecoins traded across the Sui blockchain — a major liquidity boost that strengthens the entire ecosystem.
Contributing to this momentum are several key developments:
- •Grayscale’s GSUI Trust brings SUI exposure directly into traditional brokerage accounts.
- •SUI futures trading launching on Coinbase on December 5 is expected to attract institutional traders and increase volatility.
These new access points make Sui both more visible and more accessible to mainstream investors.
Sui DeFi TVL Crosses $1 Billion Milestone
Sui’s decentralized finance (DeFi) ecosystem continues to evolve rapidly, demonstrating sustained growth and increasing user confidence.
- •Total Value Locked (TVL) on the Sui network reached $1.006 billion, reflecting a significant 4.46% jump in the last 24 hours.
- •The stablecoin market cap on Sui remains robust, holding strong at $663.98 million.
- •The introduction of new financial products and lending protocols is actively expanding the network’s utility and appeal to users.
This consistent growth underscores rising user confidence and sustained interest from developers actively building on the Sui platform.
Future Prospects for SUI
The next major milestone for Sui is the introduction of SUI perpetual futures in December 2025. This event is significant as it will mark the first U.S.-regulated perps product of its kind for the Sui asset. Combined with increasing liquidity, stronger DeFi activity, and broader institutional access, Sui’s current surge may be the beginning of a sustained uptrend.