The SUI price for the Sui Network experienced a significant market increase this week by exceeding 20% to $2.92 following its resistance level breakthrough. Doublings in the Sui Network’s SUI price token occurred shortly after former U.S. President Donald Trump indicated hopeful trade developments with China, according to Cryptonews data of April 23, 2025.
In a tweet posted by BRICS News, Trump stated that Chinese tariffs “will come down substantially,” triggering a broader risk-on rally across global markets.
The SUI price cleared dual resistance levels of its 21-day and 50-day moving averages for the first time since the beginning of 2025, which marked the end of its multi-month downward trend.
“This breakout signals a possible shift in market momentum for SUI,” said Analyst William Zhou, a senior strategist at BlockMetrics, in a statement to Cryptonews.
Could SUI Rally to $5? Analysts See Bullish Path Ahead
An upward price movement toward twice its current $2.92 level seems attainable to market specialists studying the SUI price. The next logical critical area for SUIcoin price is the 200-day moving average at approximately $3.00. When SUI price surpasses its current price level, the token could reach new all-time highs that exceeded $5.00 during early 2025.
“Technically, the setup is favourable for a sharp rally,” said Emily Hart, a chart analyst at CryptoPulse.
The market data reveals both higher trading volume numbers and robust Relative Strength Index (RSI) momentum that indicates positive conditions.
Still, not all are convinced. Market analysts caution that macroeconomic risks consisting of U.S. inflation, together with possible recession conditions, may disrupt or reverse the current market rally.
Hart stated clearly that the market has not entered the altcoin season. “Investors should remain cautious despite the breakout.”
Sui Network’s Growth Strengthens Bull Case
SUI Price Surge Overview
| Metric | Value |
| Current SUI Price | $2.92 |
| Weekly Price Increase | +20% |
| Key Resistance Levels Broken | 21-day & 50-day MA |
| Potential Future Price Target | $5.00 |
| Next Key Resistance | 200-day MA ($3.00) |
Sui Price Network’s Growth Strengthens Bull Case
The Sui Network demonstrates expanding growth against fluctuations in other crypto markets. The statistics from DefiLlama showed Sui Network achieved 25 million active accounts, coupled with $1.36 billion Total Value Locked at the end of 2024.
The DeFi ecosystem of Sui price experiences strong growth due to its key projects, including:
The decentralized exchange Cetus maintains a TVL of $105 million.
The lending protocol NAVI Protocol has earned more than $135 million in Total Value Locked.
Sui stands out because of its unique technical design principles. The Move language serves Sui’s network to enable developers to produce secure and fast blockchain execution. The system employs parallel transaction processing which gives it better scalability than ordinary blockchain operations.
Sui’s innovations go beyond DeFi. SuiPlay0X1 gaming console integration, together with USDC capability, illustrates how the platform connects Web3 gaming and stablecoin adoption on its platform.
The platform “Sui” exceeds the status of a cryptocurrency token since it has expanded into a complete ecosystem states CryptoJournal contributor Amira Khan. “Its speed and developer tools rival even Ethereum and Solana.”
Don’t Call It Altcoin Season Just Yet
The time for designating a new altcoin wave has not arrived. The outstanding performance of SUI price has failed to trigger analysts into labeling the market an authentic altcoin revival. The economic instability, along with high inflation rates and minimal central bank intervention, causes investors to maintain caution toward new market trends.
Geiger Capital released a post showing the rising global M2 money supply yet the U.S. Federal Reserve stays guarded. When the Federal Reserve does not show active monetary stimulus support the increase in altcoin market performance remains unstable.
“Past bull runs were fuelled by massive liquidity injections,” said Dr. Mark Li, an economist at FinChain Research. “We’re not quite there yet.”
For investors who keep their assets for extended periods, this price decrease functions as an advantage to make acquisitions.
“Savvy investors are using this time to stack SUI,” said Li, citing its strong on-chain data.
Conclusion: A Bright Short-Term Outlook for SUI Price, But Caution Remains
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A recent price surge of Sui tokens added fresh momentum to the cryptocurrency markets. The Sui Network shows favorable development potential due to its solid base while receiving active maintenance alongside growing marketplace presence.
However, market watchers urge caution. The price potential extends to $5, but macroeconomic conditions, together with Federal Reserve movements, will determine the duration of the rising trend. The Sui token needs close observation but you should follow proper risk management strategies.
FAQs
What is Sui Network?
The Sui Network functions as a Layer 1 blockchain that achieves top performance for scalability purposes alongside speed capabilities. Users can create smart contracts through the Move programming language on this platform.
What drove Sui’s recent market price appreciation?
The market received an upward push after stabilizing trade relations between the United States and China leading to broader asset market appreciation. The technical indicator breach in SUI price above multiple strategic levels boosted the positive market outlook.
At present should you invest in Sui?
The strong principles combined with active usage of Sui price make it attractive yet market uncertainties require investors to exercise caution. Researching assets on your own stands as essential before you decide to invest.
What are the maximum expected price levels for SUI price?
SUI’s analysts predict that continued market momentum may push its price to $5, which would equal a 2x increase from the current market value.
Glossary of Key Terms
Bullish Breakout:
The price demonstrates an abrupt rise after Resistance levels are penetrated.
200DMA (200-Day Moving Average):
Studies show that traders use 200DMA as their leading indicator to determine prospective long-term trends of assets.
TVL (Total Value Locked):
All assets deposited within DeFi applications of a blockchain constitute the Total Value Locked data.
Altcoin Season:
A period when alternative cryptocurrencies (altcoins) outperform Bitcoin.
Move Programming Language:
The blockchain application language Move functions as a protected and productive system created by Meta that Sui currently uses.
DeFi (Decentralised Finance):
This financial system builds its operations using blockchain technology and functions without central intermediaries.
References
Trump’s Tariff Comments – BRICS News on X (Twitter)
Sui Total Value Locked (TVL) – DeFiLlama
NAVI Protocol – naviprotocol.io
Move Programming Language Documentation – Sui
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The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
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