$SUI
1. $300 Million SUI Unlocked on January 1, 2025
Sui Network plans to unlock nearly $300 million in SUI, which could increase the circulating supply and dilute investor holdings.
This raises concerns about increased selling pressure.
2. Price Analysis: SUI Could Surpass $5 with TVL Nearing $2 Billion. The SUI token is up 4.24% to $4.50, with a market cap of $13.24 billion. Despite a slight correction, analysts suggest a potential upside of nearly 30%, with a price target of $5.
3. Sui and Arkham Partnership
Sui has partnered with Arkham to integrate Sui chain data into the Arkham platform, improving access to transparent on-chain data for Sui users.
4. Sahara AI May Announce Major News
The decentralized AI blockchain platform Sahara Al is set to announce major news that could impact the SUI ecosystem.
5. SUI Hits New All-Time High
Despite Bitcoin’s plunge, which dropped by $2,000 after reaching a new peak, SUI saw a surge of over 6% to reach a new all-time high of over $4.9.
Analysis and Impact on Price Trends
The recent news on SUI presents a mixed picture. On the one hand, a significant token unlock in 2025 could create selling pressure, which is a negative for the price. On the other hand, price analysis suggests that with an increase in the total value locked (TVL) and increasing local demand, SUI could have upside potential, with a target of $5.