Token

Foundation

Coin

<p><strong>Key takeaways:</strong></p> 
<ul> 
 <li>Our SUI price prediction indicates a high of $1.41 by the end of 2024.</li> 
 <li>In 2025, SUI will range between $1.76 and $2.18, with an average price of $1.81.</li> 
 <li>In 2030, it will range between $11.12 and $13.14, with an average price of $11.50.</li> 
</ul>  
<p>SUI is the native token of the Sui blockchain and governs and settles fees on the blockchain. Users can stake their SUI tokens with validators in a delegated proof-of-stake model, enabling active participation in consensus and potential rewards. SUI’s notable feature is its ability to achieve parallel agreement on independent transactions, leading to enhanced scalability.</p> 
<p>Is SUI a good investment? Will it go up? Where will it be in five years? Our SUI price prediction answers these questions and more.</p> 
<h2 class="wp-block-heading" id="overview">Overview</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Cryptocurrency</strong></td>
    <td>Sui</td>
   </tr>
   <tr>
    <td><strong>Ticker</strong></td>
    <td>SUI</td>
   </tr>
   <tr>
    <td><strong>Current price&nbsp;</strong></td>
    <td>$0.7967</td>
   </tr>
   <tr>
    <td><strong>Market cap</strong></td>
    <td>$2,068,400,437</td>
   </tr>
   <tr>
    <td><strong>Trading volume</strong></td>
    <td>$113,614,773</td>
   </tr>
   <tr>
    <td><strong>Circulating supply</strong></td>
    <td>2,596,086,127</td>
   </tr>
   <tr>
    <td><strong>All-time high</strong></td>
    <td>$2.18 on Mar 27, 2024</td>
   </tr>
   <tr>
    <td><strong>All-time low</strong></td>
    <td>$0.3643 on Oct 19, 2023</td>
   </tr>
   <tr>
    <td><strong>24-hour high</strong></td>
    <td>$0.8358</td>
   </tr>
   <tr>
    <td><strong>24-hour low</strong></td>
    <td>$0.7854</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="sui-price-prediction-technical-analysis">SUI price prediction: Technical analysis</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Metric</strong></td>
    <td><strong>Value</strong></td>
   </tr>
   <tr>
    <td>Volatility (30-day variation)</td>
    <td>16.00%</td>
   </tr>
   <tr>
    <td>50-day SMA</td>
    <td>$0.8125</td>
   </tr>
   <tr>
    <td>200-day SMA</td>
    <td>$1.1595</td>
   </tr>
   <tr>
    <td>Sentiment</td>
    <td>Bearish</td>
   </tr>
   <tr>
    <td>Fear and greed index</td>
    <td>29 (Fear)</td>
   </tr>
   <tr>
    <td>Green days</td>
    <td>12/30 (40%)</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="sui-price-analysis-sui-leads-august-performance">SUI price analysis: SUI leads August performance</h2> 
<p>SUI rebounded strongly after the August 5 crash triggered by Japan’s stock market downturn. Despite initial deep losses, however, major cryptocurrencies have since recovered.<br></p> 
<p>According to an analysis by CoinMarketCap, SUI was among the top five gainers in August, surging by 68.65%. Others included Helium at 49.27%, Aptos at 32.29%, Toncoin at 26.28% and Fantom at 26.13%.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfjXwDEW8wMO1X-V02M0uLzzQcEhBPuDRjPdsCt_IXqSjeM8TJn_1zTnIr2ScKXikJ5KoG_EZ5VhGz_ptZLIzlHqY7ZTw8cGWFQ-WDe45uy5dCXaXdmyRdHy-GWJqAlP7ins3jBLZFNPTABPDFDJAfY5zR1?key=yJ9FR7fV1lNrtH8hXxPOaA" alt="">
</figure> 
<p>Image source: Coinarketcap</p> 
<h2 class="wp-block-heading" id="sui-on-the-daily-chart-forms-black-crow-pattern">SUI on the daily chart forms black crow pattern</h2> 
<p>At the time of writing, the daily SUI chart revealed a black crow pattern, red candlesticks pattern, which suggests a bearish continuation pattern. The move comes as SUI’s positive moment dropped over the last 24 hours.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc0FByit-ZLAgsKRwtwR-iqqOLO8vcjK7LpRwXEppmCDlvc54O4T1lGDKBJH-t65vyMYMgpnODh5dQUmIu27JBLILWQu9XriuzHo50tRrS3j8_UcmtCy6fSd-uJJaQDAY-mXX6bwkDoWYMkulmaZ2y5WAPc?key=yJ9FR7fV1lNrtH8hXxPOaA" alt="">
</figure> 
<p>SUI/USD price chart. Image source: TradingView</p> 
<p>A similar move played out earlier this month as SUI broke the key resistance level at $0.85. The ensuing drop saw the coin fall to a low of $0.463.</p> 
<h2 class="wp-block-heading" id="rising-total-value-locked">Rising Total Value Locked</h2> 
<p>The SUI ecosystem has also seen remarkable growth on other fronts, with the Total Value Locked (TVL) soaring from under $12 million in mid-2023 to over $600 million at press time.&nbsp;</p> 
<p>In fact, despite SUI being down 59% from its all-time high, its TVL has only fallen by 19%, indicating strong user retention. This stability suggests that users remain committed to the project.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcNko91qpU0ydb3Yh1x4vg7d42GuCa1kF9UYHygDVAJ9FVpZ_aODK2k2VzdhxtchVUV8GlHvwWMdylCI_ZTLeWDkS0Z36g0WWTjBuXQmxr6MJ-BTGBnNypC7_QzOJMEGAkOLWxlYIMuH3XScP4OHhfWjTLJ?key=yJ9FR7fV1lNrtH8hXxPOaA" alt="">
</figure> 
<p><a href="https://defillama.com/chain/Sui" rel="nofollow noopener" target="_blank">SUI TVL</a>. Source: DefiLlama</p> 
<p>Additionally, the ecosystem is thriving, with five SUI protocols now boasting over $50 million in TVL. NAVI protocol is at the top of the list, with a TVL of $240.16 million. This simply highlights the platform’s solid performance and potential for sustained long-term success.</p> 
<h2 class="wp-block-heading" id="sui-technical-indicators-levels-and-action">SUI technical indicators: Levels and action</h2> 
<h3 class="wp-block-heading" id="daily-simple-moving-average-sma">Daily simple moving average (SMA)</h3> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Period</strong></td>
    <td><strong>Value ($)</strong></td>
    <td><strong>Action</strong></td>
   </tr>
   <tr>
    <td>SMA 3</td>
    <td>0.8227</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 5</td>
    <td>0.8374</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 10</td>
    <td>0.9160</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 21</td>
    <td>0.8788</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 50</td>
    <td>0.8125</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 100</td>
    <td>0.8655</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>SMA 200</td>
    <td>1.1595</td>
    <td>SELL</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h3 class="wp-block-heading" id="daily-exponential-moving-average-ema">Daily exponential moving average (EMA)</h3> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Period</strong></td>
    <td><strong>Value ($)</strong></td>
    <td><strong>Action</strong></td>
   </tr>
   <tr>
    <td>EMA 3</td>
    <td>0.8824</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 5</td>
    <td>0.8768</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 10</td>
    <td>0.8627</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 21</td>
    <td>0.8299</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 50</td>
    <td>0.8238</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 100</td>
    <td>0.9008</td>
    <td>SELL</td>
   </tr>
   <tr>
    <td>EMA 200</td>
    <td>0.9827</td>
    <td>SELL</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="is-sui-a-good-investment">Is SUI a good investment?</h2> 
<p>The SUI has utility, and ongoing developments and partnerships will lead to a more efficient network. SUI is volatile but continues to scale higher. As per the Cryptopolitan price predictions, SUI will set record prices in the coming years.</p> 
<h3 class="wp-block-heading" id="what-can-we-expect-from-sui-price-analysis-next">What can we expect from SUI price analysis next?</h3> 
<p>According to the technical indicators, SUI has recorded eleven bullish days in the last thirty days. The Fear &amp; Greed Index shows greed among investors. Per the analysis, SUI is about to correct from the recent peak.</p> 
<h3 class="wp-block-heading" id="why-is-sui-down">Why is SUI down?</h3> 
<p>The SUI drop coincided with the crypto market cap falling below the $2 trillion mark, now at $2.13 trillion. Therefore, the drop could be explained by the bearish market sentiment.</p> 
<h3 class="wp-block-heading" id="will-sui-recover">Will SUI recover?</h3> 
<p>SUI trades at its lowest range this year. It is ripe for reversal at current levels, with plenty of room for price movement to the upside.&nbsp;</p> 
<h3 class="wp-block-heading" id="will-sui-reach-1">Will SUI reach $1?</h3> 
<p>Per the SUI price analysis, SUI’s reversal from current lows will send SUI to previous highs above $1.</p> 
<h3 class="wp-block-heading" id="will-sui-reach-10">Will SUI reach $10?</h3> 
<p>Per the Cryptopolitan price prediction, SUI will reach $10 in 2030 with an average of $11.50 for the year.</p> 
<h3 class="wp-block-heading" id="will-sui-reach-100">Will SUI reach $100?</h3> 
<p>It remains highly unlikely that SUI will rise to $100 before 2030.</p> 
<h3 class="wp-block-heading" id="does-sui-have-a-long-term-future">Does SUI have a long-term future?</h3> 
<p>Should the market sentiment change, SUI will rise to previous years. SUI’s price predictions to 2030 are optimistic as global adoption for decentralized applications rises.</p> 
<h2 class="wp-block-heading" id="recent-news-opinions">Recent news/ opinions</h2> 
<p>Grayscale Investments<a href="https://www.cryptopolitan.com/sui-is-on-fire-whats-driving-the-surge/"> launched new crypto investment trusts</a>, and SUI is on the list, which contributed to its surge last week. The broader market recovery also contributed to SUI’s rise as the global crypto market cap rose from $1.9 trillion to $2.07 trillion.</p> 
<h2 class="wp-block-heading" id="sui-price-prediction-august-2024">SUI price prediction August 2024</h2> 
<p>The SUI price forecast for August is a maximum of $0.85 and a minimum of $0.58. The average price for the month will be $0.60.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Month</strong></td>
    <td><strong>Potential low ($)</strong></td>
    <td><strong>Potential average ($)</strong></td>
    <td><strong>Potential high ($)</strong></td>
   </tr>
   <tr>
    <td>August</td>
    <td>0.58</td>
    <td>0.60</td>
    <td>0.85</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="sui-price-prediction-2024">SUI price prediction 2024</h2> 
<p>For the second half of 2024, SUI’s price will range between $0.58 and $1.41. The average price for the year will be $1.30.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year</strong></td>
    <td><strong>Potential low ($)</strong></td>
    <td><strong>Potential average ($)</strong></td>
    <td><strong>Potential high ($)</strong></td>
   </tr>
   <tr>
    <td>2024</td>
    <td>0.58</td>
    <td>1.30</td>
    <td>1.41</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="sui-price-prediction-2025-2030">SUI price prediction 2025-2030</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year</strong></td>
    <td><strong>Potential low ($)</strong></td>
    <td><strong>Potential average ($)</strong></td>
    <td><strong>Potential high ($)</strong></td>
   </tr>
   <tr>
    <td>2025</td>
    <td>1.76</td>
    <td>1.81</td>
    <td>2.18</td>
   </tr>
   <tr>
    <td>2026</td>
    <td>2.61</td>
    <td>2.68</td>
    <td>3.04</td>
   </tr>
   <tr>
    <td>2027</td>
    <td>3.61</td>
    <td>3.71</td>
    <td>4.52</td>
   </tr>
   <tr>
    <td>2028</td>
    <td>5.19</td>
    <td>5.34</td>
    <td>6.28</td>
   </tr>
   <tr>
    <td>2029</td>
    <td>7.40</td>
    <td>7.61</td>
    <td>9.03</td>
   </tr>
   <tr>
    <td>2030</td>
    <td>11.12</td>
    <td>11.50</td>
    <td>13.14</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h3 class="wp-block-heading" id="sui-price-prediction-2025">SUI price prediction 2025</h3> 
<p>The SUI crypto price forecast for 2025 is a high of $2.18. It will reach a minimum price of $1.76 and an average price of $1.81.</p> 
<h3 class="wp-block-heading" id="sui-crypto-price-prediction-2026">SUI crypto price prediction 2026</h3> 
<p>The SUI’s price prediction estimates it will range between $2.61 and $3.04, with an average price of $2.68.</p> 
<h3 class="wp-block-heading" id="sui-price-prediction-2027">SUI price prediction 2027</h3> 
<p>SUI coin price prediction estimates it will range between $3.61 and $4.52, with an average of $3.71.</p> 
<h3 class="wp-block-heading" id="sui-price-prediction-2028">SUI price prediction 2028</h3> 
<p>SUI coin price prediction climbs even higher into 2028. According to the prediction, SUI will range between $5.19 and $6.28, with an average price of $5.34.</p> 
<h3 class="wp-block-heading" id="sui-price-prediction-2029">SUI price prediction 2029</h3> 
<p>According to the SUI coin price prediction for 2029, the price of SUI will range from $7.40 to $9.03, with an average price of $7.61.</p> 
<h3 class="wp-block-heading" id="sui-price-prediction-2030">SUI price prediction 2030</h3> 
<p>According to the 2030 SUI price prediction, the price will range between $11.12 and $13.14, with an average price of $11.50.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeUSZFe4lNLZTh-T7zcb_iM7vMFRZB6vd61Iubm65QqvmuUDUhDRYFsAQcULgoHH9QaDT_zc3W5WCYWHUFbUeAbYBpmhvQ8BAlAMCPDppe_qj9GQk7KJKXE-TyclA5Q_zxFt7kTJWfpHyk-jKZX8Ko5Kd8?key=N9luhbqb3tnEI2lMd2xsVw" alt="">
  <figcaption class="wp-element-caption">
   SUI price prediction 2024-2030
  </figcaption>
 </figure>
</div>  
<h2 class="wp-block-heading" id="sui-market-price-prediction-analysts-sui-price-forecast">SUI market price prediction: Analysts’ SUI price forecast</h2> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Firm</strong></td>
    <td><strong>2024</strong></td>
    <td><strong>2025</strong></td>
    <td><strong>2026</strong></td>
   </tr>
   <tr>
    <td>Digitalcoinprice</td>
    <td>$1.19</td>
    <td>$1.40</td>
    <td>$1.99</td>
   </tr>
   <tr>
    <td>Gate.io</td>
    <td>$0.586</td>
    <td>$709</td>
    <td>$0.815</td>
   </tr>
   <tr>
    <td>Changelly</td>
    <td>$1.10</td>
    <td>$1.81</td>
    <td>$2.68</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="crytpopolitan-s-sui-price-prediction">Crytpopolitan’s SUI price prediction</h2> 
<p>Our predictions show that SUI will achieve a high of $1.41 in the second half of 2024. In 2025, it will range between $1.76 and $2.18, with an average of $1.81. In 2030, it will range between $11.12 and $13.14, with an average of $11.50. Note the predictions are not investment advice. Seek independent consultation or do your own research.</p> 
<h2 class="wp-block-heading" id="sui-historic-price-sentiment">SUI historic price sentiment</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdjFgk2Mgrr8sFeygRQUlvQYQctW0Gmvmmm9THo0tl6u1YAJaUYZCxIt5-iKhYLhhFw5msYwt6-LgeJ8HpOvxj2FrUjdGpUYOWSeurqvHvsUB8ftbHUzoAtyLWm2kg2VKMX8-y9QJfSLxbnN6dqfE4Di60?key=N9luhbqb3tnEI2lMd2xsVw" alt="">
 <figcaption class="wp-element-caption">
  SUI price history. Image Source: <a href="https://coinstats.app/coins/sui/" target="_blank" rel="noopener">CoinStats</a>
 </figcaption>
</figure>  
<ul> 
 <li>Exchanges such as Binance, OKX, KuCoin, and Bybit hosted activities toward the initial distribution of SUI in April 2023.</li> 
 <li>SUI initially traded at $2.10, well above the $0.10 investors paid during its public sale at the end of April.</li> 
 <li>A bear run preceded the listing, and on October 23, 2023, it fell to its lowest price, $0.3643.</li> 
 <li>It started recovering in November 2023.</li> 
 <li>It reached its highest price on March 27, 2024, at $2.18, after the Greek stock exchange announced a possible collaboration.</li> 
 <li>On May 21, 2024, the SUI network surpassed 1 million daily active wallets. It trades at the $0.57 mark in August.</li> 
</ul>

SUI price prediction 2024-2030: Is SUI a good investment?

目次

Cryptopolitan_News

2023年9月23日公開の他の記事

Top 5 smart contract cryptocurrencies to invest in September

The Friend.tech Possible Point Distribution: An In-depth Analysis

Op-ed: Duopoly in digital mapping – Can web3 be the answer?

Bitcoin Mining To Resolve Environmental and Energy Concerns

What a crypto fraud family affair! An in-depth look at SBF’s family involvement in FTX.

NFT Marketplace OpenSea Reportedly Alerts Users of Security Breach

ニュースレターを購読して暗号資産の最新情報を毎日入手！