- SUI Price Surge & Consolidation: SUI has more than doubled from its April low of ~$1.70, currently consolidating just below $3.60 after breaking a long downtrend.
- Strong Fundamentals: Crypto analyst Marco Polo highlights SUI’s unique architecture—built by ex-Meta engineers, it uses a fast, parallel-processing model and Move smart contracts for high scalability and performance. The ecosystem is expanding rapidly with DeFi platforms like NAVI and major gaming projects.
- Institutional Interest Rising: ETF filings (from 21Shares, Canary) and partnerships (like Fireblocks) are bringing serious attention to SUI. If SUI breaks cleanly above $3.60, analysts expect a rally toward $5.35 and potentially $6.50 if market momentum continues.
The price of SUI has more than doubled from its April low near $1.70—and while it’s been chilling in a consolidation zone for a bit, don’t count it out just yet. There’s still some serious firepower under the hood, both fundamentally and technically, that could send it flying again.
Fundamentals First: It’s Not Just Hype
This isn’t one of those short-lived meme pumps. According to crypto analyst Marco Polo (@MarcoPoloMaps), “$SUI is still not done!”—and honestly, he’s got some solid reasons for saying that.
For starters, SUI’s built by the folks at Mysten Labs, ex-Meta engineers who clearly didn’t come to play. The blockchain itself is a Layer 1 platform made for speed, scalability, and low latency. Unlike most chains that run a basic account-based structure, SUI has this cool object-centric model—each asset is handled independently. That lets it process multiple transactions in parallel (yeah, simultaneously), achieving blazing-fast finality in under 400ms.
It also uses Move, a programming language that was originally made for Meta’s Diem project. Move is all about secure, efficient resource management, giving SUI a nice little edge in smart contract execution and digital asset handling.
And SUI’s ecosystem? Growing like crazy. Marco highlights DeFi players like Suilend and NAVI (which alone makes up about 40% of SUI’s $1 billion TVL). Meanwhile, gaming projects like Netmarble and Lucky Kat are cooking up Web3 stuff using SUI’s NFT tech. Even their decentralized naming system—SuiNS—is starting to find practical use in everyday transactions.
And institutions? Yep, they’re watching too. Marco pointed to ETF filings from Canary and 21Shares, plus partnerships with Fireblocks, as signs that traditional finance is peeking in. Not just some weekend hype crowd—real money is paying attention.
Price Action Says There’s More in the Tank
So let’s talk charts. After hitting rock bottom at $1.70 in early April, SUI snapped back fast—like really fast. It found strong support between $2.35 and $2.50, which used to be resistance back during the 2024 accumulation phase. That flip turned heads.
From there, SUI blasted through $3.60 and broke out of a multi-month downtrend. Volume supported the move too, which is always a solid confirmation this wasn’t just a fluke pump. Since then, we’ve seen some consolidation just below that $3.60 level—it’s acting as resistance now, but if SUI breaks cleanly above it? Watch out.
The current structure is textbook bullish continuation. Higher lows are printing, and it’s starting to look like the price is winding up for another step higher.
Marco’s next targets? $5.35 and then $6.50 if momentum holds and the market doesn’t fall apart. There’s no sign of exhaustion in the structure yet. If anything, it’s shaping up like a healthy staircase, ready for that next step up.
Bottom Line
Put it all together: an innovative blockchain built for speed, a growing ecosystem, a strong DeFi and gaming base, and legit interest from institutional players. Add in a technical chart setup that screams continuation, and… well, it’s not hard to see why Marco said what he did.
As he put it—“SUI is still not done.” And with everything lining up the way it is, he might be onto something.
