Sui price may be on the verge of a steep recovery as its decentralized finance ecosystem gains traction.
Summary
Sui’s DeFi TVL reached an all-time high of $2.6 billion, supported by consistent DEX volumes.
Technical indicators remain neutral, suggesting price consolidation before the next major move.
Upcoming SuiPlay 0X1 launch and potential ETF traction could drive renewed interest and price strength in Q4.
Sui traded around $3.48 at press time, up 1.3% over the last 24 hours as the network’s DeFi ecosystem reached a new high. The token has moved between $3.44 and $3.69 this week, showing little volatility. It remains down 2.3% on the week and up just 0.7% over the past month — still 34% below its January peak of $5.35.
Trading activity has eased, with daily volume falling 20.7% to $1.02 billion. According to CoinGlass data, open interest in Sui (SUI) futures increased slightly by 0.26% to $1.79 billion, while derivatives volume fell 22.5% to $3.14 billion.
This mix indicates that traders are holding onto their existing ones instead of adding new positions, which is a sign of consolidation rather than capitulation.
Sui TVL reaches new peak
Sui’s on-chain growth remains strong. Sui is among the top DeFi ecosystems by capital, with total value locked hitting an all-time high of $2.61 billion, according to DefiLlama data.
For the last three months, monthly DEX volumes have remained consistent at about $13 billion. The network’s stablecoin market capitalization has almost doubled since late September, now at $925 million.
Sui price upcoming catalysts
For the remainder of 2025, a number of catalysts are lined up. Later this year, the Mysten Labs-developed SuiPlay 0X1 gaming console will go on sale for $599. With the handheld’s direct integration with the Sui blockchain, players can enjoy seamless Web3 gaming with dynamic NFTs and zkLogin. Its release might increase network activity and draw in new users.
In DeFi, the upcoming SuiDEX mainnet launch aims to unify liquidity across existing protocols like Cetus, which currently holds more than half of Sui’s DEX market share. Additional enhancements could increase liquidity and yield opportunities, such as Ethena’s suiUSDe synthetic dollar and Suilend’s Steamm AMM.
Adoption by institutions is also gaining traction. Grayscale has been drawing investments into its SUI Trust, while Nasdaq and 21Shares are pushing for SUI exchange-traded funds. Real-world payment usage may also be supported by Fireblocks’ custody integration and xPortal’s Sui-branded Mastercard, particularly in Asian markets.
Sui price technical analysis
Sui’s daily chart shows a sideways trend within the Bollinger Bands, with prices holding near the mid-band around $3.48. While the lower band provides support at $3.09, the upper resistance is located close to $3.76.
The majority of technical indicators, such as the relative strength index at 50, Stochastic at 65, and commodity channel index at 27, are neutral and indicate a balance between buyers and sellers. The MACD is slightly bullish, but momentum is showing some weakness.
SUI may fall toward $3.10, where the 200-day moving average provides strong support, if it is unable to hold $3.40. However, if it breaks above $3.75, it may target $4.00–$4.20.
