Sui’s price surges as the cryptocurrency market makes a strong comeback.

The price of Sui has risen above $3.60 as bulls aim for key resistance levels. With its all-time high at around $5.35, achievable due to a total value locked (TVL) reaching $2 billion, traders are watching closely as the broader cryptocurrency market shows signs of recovery.

Market Insights and Recent Trends

• The current price of Sui exceeds $3.60 as bullish sentiment drives the market.
• Historically, Sui peaked at approximately $5.35, a target that seems within reach as total value locked in the network hits $2 billion.
• Bulls are eyeing a resistance level of $4.12, while bears are focused on a potential drop to $3.20 if momentum falters.

In the last 24 hours, Sui’s price saw a modest increase, peaking at $3.70 amid a wider market rebound. Other cryptocurrencies, including Ethena, Pendle, and Ondo, have also made significant gains, coinciding with Bitcoin testing the $115,000 mark and Solana breaking through $240.

Transaction volume over the past day remains around $949 million, positioning Sui to approach its historical high above $5.35. With the growth of decentralized finance (DeFi) and increasing Web3 adoption, Sui is establishing itself as a leading player in the market.

What’s Driving Bullish Momentum for Sui?

After overcoming a network setback earlier in 2025 due to an ecosystem hack, Sui has rebounded from lows of $1.91 to revisit highs of $4.32. The programming language Move has garnered attention for its scalability and interoperability, placing Sui among the most attractive options for investors.

While Ethereum and Solana dominate the altcoin sentiment, the technical outlook for Sui suggests that bulls are preparing for a potential retest of the all-time high. Metrics such as active daily wallets, developer activity, and an increasing TVL in DeFi signal the network’s solid foundational strength.

Additionally, Sui’s ecosystem is expanding, embracing innovations like zkLogin for seamless user integration and initiatives such as the yield aggregator Strategies, which has accrued millions in deposits within weeks. The focus on gaming, NFTs, and various decentralized physical infrastructure (DePIN) projects has further broadened revenue sources, with stablecoin market capitalization surpassing $793 million.

As interest in the cryptocurrency sector rises on Wall Street amid a rush toward digital asset treasuries, Sui’s price is also supported by the imminent SEC approval of new cryptocurrency exchange-traded funds, bolstering bullish sentiment among traders.

Price Outlook for SUI

With multiple indicators suggesting a breakout above key resistance levels in the short term, maintaining trading above $3 is crucial for SUI. This could represent the step buyers need to sustain a long-term upward trend.

The relative strength index (RSI) currently oscillates around 55, indicating a neutral momentum that allows for further growth before entering overbought territory. Additionally, the moving average convergence divergence (MACD) supports an upward run with a bullish crossover.

Observing the price chart, $3.70 emerges as a key level. Breaking through the immediate resistance at $4.12 could trigger a measured move towards $5, where the historical peak lies.

Conversely, a bearish reversal may bring Sui’s price down to approximately $3.20, with sellers potentially targeting a fallback at around $2.61 if retracement activity strengthens.