Sui (SUI) Market Update – May 3, 2025
📊 Price Overview
Current Price: $3.45 USD
24h Change: −1.43% 🔻
24h High / Low: $3.51 / $3.36
Market Cap: $11.5B 💰
24h Trading Volume: $1.3B 📈
🔥 Recent Highlights
ETF Buzz: Swiss asset manager 21Shares filed for a SUI ETF, boosting investor confidence.
DeFi Growth: Sui's Total Value Locked (TVL) reached $1.73B, indicating robust DeFi activity.
Token Unlock: A $319M token unlock occurred on May 1, raising discussions about potential market impacts.
📈 Technical Outlook
Resistance Level: $3.50 🔼
Support Level: $3.30 🛡️
Analyst Insight: Bullish momentum persists, with projections aiming for $4.40 if resistance is breached.
🔮 Price Predictions
Short-Term: Analysts anticipate a rise to $4.43 by May 7, 2025.
Year-End: Forecasts suggest potential growth to $5.05–$6.25, driven by DeFi expansion and gaming integrations.
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