BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

$SUI Set for a Major Rebound: Will $SUI Hit $5 Again?

by Drop Gorn
April 10, 2025
in Crypto, Finance, Opinion, SUI
A A
$SUI Set for a Major Rebound: Will $SUI Hit $5 Again?
3
SHARES
Share on TwitterShare on Reddit
  • $SUI is showing signs of recovery, trading at $2.27 after bouncing from a $1.70 low and breaking key resistance at $2.10.
  • Analysts eye a potential retest of the $5.30 all-time high, assuming favorable market conditions continue.
  • Market sentiment is cautiously optimistic, but the lack of new upgrades or catalysts may limit short-term momentum.

Sui

Sui Network ($SUI) is a Layer 1 blockchain built for speed, scalability, and security, leveraging a unique consensus mechanism, parallel transaction processing, and the Move smart contract language to support high-performance dApps.

Sui Network SUI Logo

Price Movements

Currently priced at $2.27 with a market cap of $7.37 billion, $SUI has shown significant growth since its launch. The token reached a peak of $5.35 in January 2024, marking a 40% increase over the year. However, profit-taking and broader market corrections led to a pullback. Despite this, $SUI is starting to stabilize, sparking speculation of a potential rebound.

Sui Network SUI price chart

Credit: CoinGecko

Price Predictions

After dropping to a low of $1.70, $SUI has started to recover, forming higher highs. The token recently broke through its resistance zone between $2 and $2.10. Looking ahead, analysts predict the uptrend could continue, with the price possibly testing its all-time high of around $5.30, assuming the broader market remains favorable.

Sui Network SUI price prediction

Market Sentiment and Developments

Investor sentiment around Sui is mixed. While the recent announcement by former President Trump regarding a 90-day tariff pause has sparked overall optimism in the market, there are no major technical developments or network upgrades expected in the short term. This leaves $SUI without a fundamental catalyst to drive momentum.

Future Outlook

Looking forward, Sui’s performance will depend on broader market conditions and whether any new developments or upgrades are introduced to drive further interest and adoption.

Tags: $SUiBlockchaincryptoDonald TrumpSui Network
Tweet1ShareShare1

DON'T MISS THESE! HOT OFF THE PRESS

Triple Breakout? SUI Chart Hints at Potential Move Towards $4.80 (and Beyond)
Crypto

Triple Breakout? SUI Chart Hints at Potential Move Towards $4.80 (and Beyond)

May 18, 2025
Despite Price Drop, Cardano Whales Scoop Up 80 Million ADA
Cardano

Despite Price Drop, Cardano Whales Scoop Up 80 Million ADA

May 18, 2025
DOGE Primed for Breakout? Bullish Pattern Emerges Below Key Resistance
Crypto

DOGE Primed for Breakout? Bullish Pattern Emerges Below Key Resistance

May 18, 2025
$2 Billion Exodus: XRP Open Interest Tanks as Volatility Grips Market
Crypto

$2 Billion Exodus: XRP Open Interest Tanks as Volatility Grips Market

May 18, 2025
Long-Term Crypto Showdown: ChatGPT and Grok Weigh In on XRP vs. BNB
Binance BNB

Long-Term Crypto Showdown: ChatGPT and Grok Weigh In on XRP vs. BNB

May 18, 2025
Smart Money Moves: ETH Gains Traction as PEPE Sets Up
Crypto

Smart Money Moves: ETH Gains Traction as PEPE Sets Up

May 18, 2025
Load More

Related News

Triple Breakout? SUI Chart Hints at Potential Move Towards $4.80 (and Beyond)

Triple Breakout? SUI Chart Hints at Potential Move Towards $4.80 (and Beyond)

May 18, 2025
Despite Price Drop, Cardano Whales Scoop Up 80 Million ADA

Despite Price Drop, Cardano Whales Scoop Up 80 Million ADA

May 18, 2025
DOGE Primed for Breakout? Bullish Pattern Emerges Below Key Resistance

DOGE Primed for Breakout? Bullish Pattern Emerges Below Key Resistance

May 18, 2025
$2 Billion Exodus: XRP Open Interest Tanks as Volatility Grips Market

$2 Billion Exodus: XRP Open Interest Tanks as Volatility Grips Market

May 18, 2025
Long-Term Crypto Showdown: ChatGPT and Grok Weigh In on XRP vs. BNB

Long-Term Crypto Showdown: ChatGPT and Grok Weigh In on XRP vs. BNB

May 18, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.