Token

Foundation

Coin

<p><strong>Key takeaways:</strong></p> 
<ul> 
 <li>Our SUI price prediction indicates a high of $2.56 by the end of 2024.</li> 
 <li>In 2025, SUI will range between $1.75 and $2.89, with an average price of $2.22.</li> 
 <li>In 2030, it will range between $11.77 and $14.03, with an average price of $12.18.</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&nbsp;</td>
   </tr>
   <tr>
    <td><strong>Ticker</strong></td>
    <td>SUI</td>
   </tr>
   <tr>
    <td><strong>Current price</strong></td>
    <td>$2.25</td>
   </tr>
   <tr>
    <td><strong>Market cap</strong></td>
    <td>$6.43B</td>
   </tr>
   <tr>
    <td><strong>Trading volume</strong></td>
    <td>$1.95B</td>
   </tr>
   <tr>
    <td><strong>Circulating supply</strong></td>
    <td>2.85B</td>
   </tr>
   <tr>
    <td><strong>All-time high</strong></td>
    <td>$2.36 on Oct 14, 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>$2.33</td>
   </tr>
   <tr>
    <td><strong>24-hour low</strong></td>
    <td>$1.95</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h3 class="wp-block-heading" id="sui-price-prediction-technical-analysis">SUI price prediction: Technical analysis</h3> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Metric&nbsp;</strong></td>
    <td><strong>Value&nbsp;</strong></td>
   </tr>
   <tr>
    <td>Volatility (30-day variation)</td>
    <td>6.38%</td>
   </tr>
   <tr>
    <td>50-day variation</td>
    <td>$1.8079</td>
   </tr>
   <tr>
    <td>200-day variation</td>
    <td>$1.1879</td>
   </tr>
   <tr>
    <td>Sentiment</td>
    <td>Bullish</td>
   </tr>
   <tr>
    <td>Fear and Greed index</td>
    <td>69 (Greed)</td>
   </tr>
   <tr>
    <td>Green days</td>
    <td>15/30 (50%)</td>
   </tr>
  </tbody>
 </table>
</figure>  
<h2 class="wp-block-heading" id="sui-price-analysis">SUI price analysis</h2> 
<p>SUI has emerged as one of the top-performing coins, posting an impressive 11.23% surge in the last 7 days.&nbsp;</p> 
<p>Data from DefiLlama revealed that SUI’s Total Value Locked (TVL) has broken above the $1 billion mark.</p> 
<p>The rising TVL has fueled speculation that SUI could be on the brink of reaching a new ATH, with many pointing to its growing ecosystem as a key factor driving its momentum.</p> 
<p>Earlier in August, SUI’s Total Value Locked (TVL) was at $341 million; it has now surged to $1.73 billion.&nbsp;</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdf0JZU7_xy9VnmR3C4b6KP0LGX8CxRs5mknIOGMlQSOr5Jc9zpt2XHts2mr3VgeBjzenvQeWZ0MiwcbhGA-JkgN_erjjzhVEi41mHtWuoJ4CGmUWsWcDaELYBjW_YpmRQ4SnuN?key=ioAG8b2SIP5uxAu5AL33L3v9" alt="">
 <figcaption class="wp-element-caption">
  <em>Sui TVL. Source: DefiLlama</em>
 </figcaption>
</figure>  
<h3 class="wp-block-heading" id="sui-1-day-chart-analysis">SUI 1-day chart analysis</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXd8Jm_6DEkcjr00DxZDb0XGAFQBOGS7wqsiGO33OMGubqEZIV6GmtFBx39pLEOjUZCR9TKV_V2Brduz4XCVT5c7XJ0yUaAOOsgbSFLVMfi4UQZHnqif4-ePhUXTckXO3q7tjs4eSA?key=ioAG8b2SIP5uxAu5AL33L3v9" alt="">
 <figcaption class="wp-element-caption">
  <em>SUI/USD 1-day chart</em>
 </figcaption>
</figure>  
<p>SUI formed a head-and-shoulder pattern last month, resulting in a major breakout that took SUI past the $2 resistance. The MACD histogram has now crossed above zero, signaling a bullish market sentiment, with the relative strength index (RSI) in neutral territory at 62.16.</p> 
<h2 class="wp-block-heading" id="sui-technical-indicators-levels-and-action">SUI technical indicators: Levels and action</h2> 
<h3 class="wp-block-heading" id="daily-simple-moving-average-sma">Daily simple moving average (SMA)</h3> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Period</strong></td>
    <td><strong>Value ($)</strong></td>
    <td><strong>Action</strong></td>
   </tr>
   <tr>
    <td>SMA 3</td>
    <td>1.9603</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>SMA 5</td>
    <td>1.9883</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>SMA 10</td>
    <td>1.9004</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>SMA 21</td>
    <td>1.9292</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>SMA 50</td>
    <td>1.8079</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>SMA 100</td>
    <td>1.3293</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>SMA 200</td>
    <td>1.1879</td>
    <td>BUY</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>1.9852</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>EMA 5</td>
    <td>2.02</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>EMA 10</td>
    <td>2.02</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>EMA 21</td>
    <td>1.9225</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>EMA 50</td>
    <td>1.6192</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>EMA 100</td>
    <td>1.3606</td>
    <td>BUY</td>
   </tr>
   <tr>
    <td>EMA 200</td>
    <td>1.2074</td>
    <td>BUY</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h3 class="wp-block-heading" id="what-to-expect-from-sui-price-analysis-next">What to expect from SUI price analysis next?</h3> 
<p>According to the technical indicators, SUI has recorded fifteen bullish days in the last thirty. The Fear &amp; Greed Index shows greed among investors. Per the analysis, SUI is neutral.</p> 
<h3 class="wp-block-heading" id="why-is-sui-up">Why is SUI up?</h3> 
<p>The SUI drop coincided with the crypto market cap rising above the $2.3 trillion mark. The rise in TVL also contributed to the rise as more investors sho interest in the DeFi market.</p> 
<h2 class="wp-block-heading" id="recent-news">Recent news</h2> 
<p>Grayscale Research published Q4’s top 20 cryptocurrencies list, which includes six new entrants: Sui, Bittensor, Optimism, Celo, Helium, and UMA Protocol. These assets were selected because of their growth potential and because they fit essential trends in the crypto space.</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 this year.</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 $12.42 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="sui-price-prediction-november-2024">Sui price prediction November 2024</h2> 
<p>The SUI price forecast for November is a maximum of $2.56 and a minimum of $1.73. The average price for the month will be $2.25.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Month</strong></td>
    <td><strong>Potential low ($)</strong></td>
    <td><strong>Potential average ($)</strong></td>
    <td><strong>Potential high ($)</strong></td>
   </tr>
   <tr>
    <td>November</td>
    <td>1.73</td>
    <td>2.25</td>
    <td>2.56</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 $1.73 and $2.85. The average price for the year will be $2.37.</p> 
<figure class="wp-block-table">
 <table>
  <tbody>
   <tr>
    <td><strong>Year</strong></td>
    <td><strong>Potential low ($)</strong></td>
    <td><strong>Potential average ($)</strong></td>
    <td><strong>Potential high ($)</strong></td>
   </tr>
   <tr>
    <td>2024</td>
    <td>1.73</td>
    <td>2.37</td>
    <td>2.85</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>1.75</td>
    <td>2.22</td>
    <td>2.89</td>
   </tr>
   <tr>
    <td>2026</td>
    <td>2.35</td>
    <td>2.43</td>
    <td>2.90</td>
   </tr>
   <tr>
    <td>2027</td>
    <td>3.48</td>
    <td>3.60</td>
    <td>4.12</td>
   </tr>
   <tr>
    <td>2028</td>
    <td>5.26</td>
    <td>5.44</td>
    <td>6.05</td>
   </tr>
   <tr>
    <td>2029</td>
    <td>7.87&nbsp;</td>
    <td>8.14</td>
    <td>9.18</td>
   </tr>
   <tr>
    <td>2030</td>
    <td>11.77</td>
    <td>12.18</td>
    <td>14.03</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 $2.08. It will reach a minimum price of $1.67 and an average price of $1.72.</p> 
<h3 class="wp-block-heading" id="sui-price-prediction-2026">Sui price prediction 2026</h3> 
<p>The SUI’s price prediction estimates it will range between $2.35 and $2.90, with an average price of $2.43.</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 $3.48 and $4.12, with an average of $3.60.</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 $5.26 and $6.05, with an average price of $5.44.</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 $7.87 to $9.18, with an average price of $8.14.</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 $11.77 and $14.03, with an average price of $12.18.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf2smEdPmzJjSQg5sYv3BM23_A9nzgzyQwvOuwl38iE9hRBTnZtRJjR0UrT6H2k7yPR0Qc5_MQQfX4QJLXaYwTGciXZcu3R8BdX3UPAFmeayi-L4XIeSJAkiTAk5AJQ3v6EwD_F0g?key=ioAG8b2SIP5uxAu5AL33L3v9" alt="">
 <figcaption class="wp-element-caption">
  <em>SUI price prediction 2024-2030</em>
 </figcaption>
</figure>  
<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>$4.16</td>
    <td>$4.89</td>
    <td>$6.96</td>
   </tr>
   <tr>
    <td>Gate.io</td>
    <td>$2.00</td>
    <td>$2.35</td>
    <td>$2.62</td>
   </tr>
   <tr>
    <td>Changelly</td>
    <td>$2.96</td>
    <td>$1.16</td>
    <td>$2.65</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="cryptoplitan-s-sui-price-prediction">Cryptoplitan’s Sui price prediction</h2> 
<p>Our predictions show that SUI will achieve a high of $2.56 in the last quarter of 2024. In 2025, it will range between $1.75 and $2.89, with an average of $2.22. In 2030, it will range between $11.77 and $14.03, with an average of $12.18. 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_4nXe2-gSR0Q3KirRyw4nTJ2cWUxEHFaLYhoTtJKEW36Fj0WMz6ns7okqwLaPjzqFxIJuEV6XrUqXkfRC6BU6abIbqGTVyIC1r19DvLTUJD2qTgKIPeb7hes0sCwS44dL5Q4R4pJdKgg?key=ioAG8b2SIP5uxAu5AL33L3v9" alt="">
 <figcaption class="wp-element-caption">
  <a href="https://coinstats.app/coins/sui/" target="_blank" rel="noopener"><em>Sui price history</em></a><em>: CoinStats</em>
 </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. In August, it traded at $0.57.</li> 
 <li>It later rose and broke above $1.5 in September and $2 in October.</li> 
 <li>The bullish run continued into November attempting a new all-time high.</li> 
</ul>

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

Зміст

Cryptopolitan_News

Інші статті, опубліковані 23 вер. 2023 р.

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

Приєднуйтеся до нашої безкоштовної розсилки для отримання щоденних оновлень щодо крипто!