Sui is a high-performance smart contract platform under a Monolithic structure. In particular, a Monolithic blockchain is a blockchain that handles all tasks and jobs on a single network. Sui is scalable up to several hundred thousand TPS (number of transactions processed per second) and block times range from 2 – 3s.
Sui’s goal is to expand Web3’s ecosystem, providing an infrastructure with the right incentives for developers to quickly build and launch applications.
Sui uses the MOVE programming language and Narhal-Tusk, a consensus algorithm that solves the Mempool problem – consensus in traditional blockchain designs like Ethereum & Bitcoin. Based on this specification, the Sui blockchain allows the network to scale horizontally, able to support millions of transactions per second without requiring dedicated nodes in the network.
SUI is a native coin of the Sui ecosystem and can be used to:
SUI has seen robust inflows of $6.1 million in stablecoins, the highest across blockchain platforms in the last 24 hours. This influx is a clear indication of growing investment confidence in SUI.
Open interest surged by 30.64%, totaling $785.35 million, pointing to increased speculative activity. Traders seem to be preparing for price volatility, contributing to a positive market sentiment.
SUI is currently trading at $2.16, with a critical resistance level at $2.23. If surpassed, there is a targeted price of $2.80. Positive funding rates also indicate a potential price recovery.
Sui’s price increased to 2.13 USD, gaining 10% after a 90-day tariff pause. Despite this, SUI is still down 7% weekly and 23% bi-weekly. Its trading volume reached 1.9 billion USD today, reflecting strong market interest.
With solid fundamentals indicating potential for recovery, Sui’s chart suggests a possible upward trend. If trade tensions resolve positively, Sui may benefit and gain further traction in the market.
Canary Capital has submitted a proposal to the SEC for the Sui ETF, which intends to track the SUI digital asset. The ETF may stake a portion of its assets through trusted providers, potentially generating rewards as income.
The SUI asset has a market capitalization of about 6.7 billion USD, ranking it as the 21st largest cryptocurrency. This proposal comes after the SEC’s recent approval of other crypto ETFs, highlighting a growing trend in the crypto ETF market.
Currently, SUI trades at 2.22 USD, down 8.73% in the last 24 hours. The market shows strong bearish control, highlighted by liquidation data indicating long positions are pressured, revealing an imbalance favoring sellers.
Sentiment remains cautious with negative funding rates indicating dominance of short positions. Unless SUI breaks above 2.52 USD decisively, risk of further declines persists, making a bullish reversal uncertain.
SUI’s price is trading at $2.65, close to significant resistance at $2.77. Breaking this level could lead to a recovery towards $3.00.
The market shows strong investor sentiment with Open Interest up 50%, indicating confidence in SUI’s potential despite recent bearish signals.
SUI has seen significant growth in stablecoin transfers, overtaking TON. Current daily active addresses further affirm SUI’s position with 1.8 million compared to 600,000 for TON, indicating robust market engagement.
Approaching a key support level at 2.23 USD, SUI may soon experience a price uptick. Market indicators suggest increasing buying activity, with a target price of 2.50 USD if momentum supports the trend.
Matt Hougan, the CIO of Bitwise, highlights DeFi tokens’ undervalued status as changes in U.S. Regulations could enhance investment appeal. Layer-1 blockchains like Aptos and Sui might attract institutional investors.
Bitwise has proactively applied for an Aptos ETF, indicating confidence in its potential, while the application for a Sui ETF is not yet in progress. This move reflects Bitwise’s focus on promising DeFi projects.
As regulatory attitudes shift, growth opportunities in the DeFi sector appear more favorable. Hougan notes the potential for utility tokens to transition into value-driven models, further enhancing their institutional investment appeal.
Canary Capital has submitted an S-1 registration statement to the SEC for a spot ETF tracking SUI, part of a strategic partnership with World Liberty Financial. This has the potential to enhance liquidity and market capitalization for SUI.
In addition to the Sui ETF, Canary Capital is planning more crypto ETF offerings, including ones for Axelar (AXL), Litecoin, XRP, and other digital assets to further expand their investment portfolio.
Blockaid has partnered with the Sui Foundation to enhance security protocols within the Sui ecosystem. This collaboration aims to protect Sui wallets and to mitigate potential threats from smart contract exploits and operational faults.
Launched in May 2023, Sui is a layer-1 blockchain designed to manage high transaction volumes efficiently. Recently, its total value locked decreased from 2 billion USD to 1.1 billion USD in 2025, indicating the need for stronger security measures.
Recent security incidents have raised alarms regarding vulnerabilities within the Sui network. Although Sui’s Move programming language reduces risks, experts state that additional audits and protections are crucial to secure against protocol-level attacks.
SUI’s new wallets surged by 150%, and active addresses increased by 110%. This spike in activity indicates a rising demand for the altcoin, with 1.2 million new wallets created within the timeframe.
Investor sentiment appears to be turning bullish as reflected in positive funding rates. Predictions suggest SUI could reclaim 2.8 USD and potentially approach 3 USD, but market conditions remain volatile.