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

Sui TVL. Source: DefiLlama


Key takeaways:

  • Our SUI price prediction indicates a high of $4.27 by the end of 2024.
  • In 2025, SUI will range between $5.34 and $6.40, with an average price of $5.49.
  • In 2030, it will range between $34.93 and $41.32, with an average price of $35.90.

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.

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.

Overview

Cryptocurrency Sui 
Ticker SUI
Current price $4.76
Market cap $13.92B
Trading volume $2.11B
Circulating supply 2.92B
All-time high $4.89 on Dec 13, 2024
All-time low $0.3643 on Oct 19, 2023
24-hour high $4.89
24-hour low $4.55

SUI price prediction: Technical analysis

Metric  Value 
Volatility (30-day variation) 9.49%
50-day SMA $3.03
200-day SMA $1.57
Sentiment Bullish
Fear and Greed Index 76 (Extreme Greed)
Green days 16/30 (53%)

SUI price analysis: SUI achieves a new all-time high

As of December 13, SUI had emerged as one of the top-performing coins, posting an impressive 46.88% surge in the last 30 days. 

Data from DefiLlama revealed that SUI’s Total Value Locked (TVL) has broken above the $1.8 billion mark. Earlier in August, SUI’s Total Value Locked (TVL) was at $341 million.

The rising TVL has fueled SUI to a new all-time high at $4.89, with many pointing to its growing ecosystem as a key factor driving its momentum.

Sui TVL. Source: DefiLlama

SUI 1-day chart analysis

SUI TVL. Source: Defillama
SUI TVL. Source: Defillama

SUI formed a head-and-shoulder pattern resulting in a major breakout that took SUI past the $4.5 resistance. The MACD histogram has broken above zero, signaling a bullish market momentum, with the relative strength index (RSI) rising to overbought territory. The move came as SUI registered an all-time high at $4.89.

SUI technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value ($) Action
SMA 3 4.32 BUY
SMA 5 4.20 BUY
SMA 10 3.96 BUY
SMA 21 3.71 BUY
SMA 50 3.03 BUY
SMA 100 2.30 BUY
SMA 200 1.58 BUY

Daily exponential moving average (EMA)

Period Value ($) Action
EMA 3 3.97 BUY
EMA 5 3.98 BUY
EMA 10 3.89 BUY
EMA 21 3.67 BUY
EMA 50 3.14 BUY
EMA 100 2.52 BUY
EMA 200 1.96 BUY

What to expect from SUI price analysis next?

According to the technical indicators, SUI has recorded sixteen bullish days in the last thirty. The Fear & Greed Index shows extreme greed among investors as itt recorded a new ATH.

Why is SUI up?

The SUI recovery coincided with the crypto market cap rising above the $3.7 trillion mark. The rise in TVL could have also contributed to SUI’s recovery.

Recent news

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.

Will SUI reach $10?

Per the Cryptopolitan price prediction, SUI will reach $10 in 2027 with an average of $11.26 for the year.

Will SUI reach $100?

It remains highly unlikely that SUI will rise to $100 before 2030.

Will SUI reach $1,000?

It remains highly unlikely that SUI will rise to $1,000 before 2030.

Is SUI a good investment?

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.

Sui price prediction December 2024

The SUI price forecast for December is a maximum of $4.27 and a minimum of $3.61. The average price for the month will be $3.71.

Month Potential low ($) Potential average ($) Potential high ($)
December 3.61 3.71 4.27

Sui price prediction 2024

For the second half of 2024, SUI’s price will range between $3.61 and $4.27. The average price for the year will be $3.71.

Year Potential low ($) Potential average ($) Potential high ($)
2024 3.61 3.71 4.27

Sui price prediction 2025 – 2030

Year Potential low ($) Potential average ($) Potential high ($)
2025 5.34 5.49 6.40
2026 7.63 7.90 9.27
2027 10.94 11.26 13.30
2028 16.23 16.68 18.90
2029 23.57 24.23 28.14
2030 34.93 35.90 41.32

Sui price prediction 2025

The SUI crypto price forecast for 2025 is a high of $6.40. It will reach a minimum price of $5.34 and an average price of $5.49.

Sui price prediction 2026

The SUI’s price prediction estimates it will range between $7.63 and $9.27, with an average price of $7.90.

Sui price prediction 2027

SUI coin price prediction estimates it will range between $10.94 and $13.30, with an average of $11.26.

Sui price prediction 2028

SUI coin price prediction climbs even higher into 2028. According to the prediction, SUI will range between $16.23 and $18.90 with an average price of $16.68.

Sui price prediction 2029

According to the SUI coin price prediction for 2029, the price of SUI will range from $23.57 to $28.14, with an average price of $24.23.

Sui price prediction 2030

According to the 2030 SUI price prediction, the price will range between $34.93 and $41.32, with an average price of $35.90.

SUI price prediction 2024-2030

Sui market price prediction: Analysts Sui price forecast

Firm 2024 2025 2026
Digitalcoinprice $8.73 $10.26 $14.59
Gate.io $4.21 $5.01 $5.28
Changelly $7.20 $6.23 $2.65

Cryptoplitan’s Sui price prediction

Our predictions show that SUI will achieve a high of $4.27 in the last month of 2024. In 2025, it will range between $5.34 and $6.40, with an average of $5.49. In 2030, it will range between $34.93 and $41.32, with an average of $35.90. Note the predictions are not investment advice. Seek independent consultation or do your own research.

Sui historic price sentiment

Sui price history: CoinStats
  • Exchanges such as Binance, OKX, KuCoin, and Bybit hosted activities toward the initial distribution of SUI in April 2023.
  • SUI initially traded at $2.10, well above the $0.10 investors paid during its public sale at the end of April.
  • A bear run preceded the listing, and on October 23, 2023, it fell to its lowest price, $0.3643.
  • It started recovering in November 2023.
  • It reached its highest price on March 27, 2024, at $2.18, after the Greek stock exchange announced a possible collaboration.
  • On May 21, 2024, the SUI network surpassed 1 million daily active wallets. In August, it traded at $0.57.
  • It later rose and broke above $1.5 in September and $2 in October.
  • The bullish run continued into November attempting a new all-time high, which it achieved on December 5 at $4.12.



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