The recent rise of SUI has been absolutely crazy! From 2 USD, it has risen to 3.7 USD, an increase of 80%!
Don't say I didn't remind you, my candlestick analysis program has repeatedly advised everyone to buy SUI!
Yesterday, I analyzed that SUI will continue to be strong. At that time, the price was less than $3.
On April 12, I analyzed again that Bitcoin should break through, and SUI should be prioritized for accumulation, suggesting to buy the dip at 2 USD or to chase after breaking 2.25 USD when the price was 2.1 USD.
On March 12, I was laying out the Bitcoin bottom position, suggesting that SUI could be prioritized, and at that time the price was also around 2 USD.
If you haven't subscribed yet, I forgive you, but after a few months, if there are any targets that surge, you can only blame yourself for missing the opportunity repeatedly.
With the surge in coin prices, the recent positive developments for SUI have been continuous.
1. Recent blockbuster positive developments for SUI
1. Collaboration with the Athens Stock Exchange: On-chain RWA is taking shape.
One of the most notable advantages for SUI is its collaboration with the Athens Stock Exchange (ATHEX) to create a completely blockchain-based financing platform. This collaboration began in March 2024, with ATHEX migrating its electronic bookkeeping (EBB) platform to the SUI network, achieving full digitization of on-chain order books and financing processes. As the world's first national stock exchange to adopt blockchain technology, ATHEX has completely overturned traditional stock financing models through SUI's on-chain technology.
Specifically, the EBB platform allows companies to finance directly through SUI, eliminating the need for bank intermediaries and cumbersome paperwork. Now, it can be completed with just smart contracts and on-chain operations. This not only facilitates faster and more transparent capital flow but also significantly reduces intermediary costs. In the future, a small or medium-sized enterprise in Greece that wants to finance only needs to post its requirements on the EBB platform, and global investors can participate directly through SUI, potentially completing the whole process in just a few minutes, far surpassing traditional markets in efficiency.
2. Quantum security transformation: A shield for the future
In the field of technical security, SUI has taken a proactive step—quantum security transformation. SUI is collaborating with top scientists and cryptographers worldwide to develop a blockchain network resistant to quantum computing. Quantum computing is considered a potential threat to the security of cryptocurrencies in the future, capable of breaking existing cryptographic algorithms (such as RSA and ECC).
This transformation not only reflects SUI's technological ambition, but also provides confidence for long-term holders. Imagine, when quantum computers really become mainstream, other public chains may face security crises, while SUI is already prepared, which undoubtedly gives it a significant competitive edge in the future.
3. Ecological explosion: TVL surpasses $2 billion
The ecological development of SUI is equally noteworthy. According to DefiLlama data, the total locked value (TVL) on the SUI chain exceeded $1 billion in October 2024, peaking at $2 billion in January 2025, then retracing to $1.5 billion, and recently starting to approach $2 billion again.
On the project level, the TVL growth of DeFi applications such as DeepBook and NAVI is particularly significant. For example, after the launch of the V3 version of DeepBook in October 2024, its efficient on-chain order book function attracted a large amount of liquidity, causing its TVL to rise rapidly. As a lending protocol in the SUI ecosystem, NAVI has also become a popular choice for users to lock their assets due to its low fees and high efficiency. Recently, the ecological token, cetus, has been skyrocketing.
4. Mastercard credit card and Apple Pay: Cryptocurrency enters daily life.
Recently, SUI also launched a practical innovation—credit cards supported by Apple Pay. Users can link their SUI wallets with credit cards and use SUI for daily purchases through Apple Pay. For example, you can swipe Apple Pay to buy a latte at a coffee shop or check out with SUI at a supermarket. This feature transforms cryptocurrency from an 'investment asset' into a 'tool for daily life.'
This seamless connection experience not only enhances the practical application value of SUI but also provides ordinary users with a lower entry threshold.
Bitcoin staking: Unlocking BTC potential
5. Bitcoin stylized financial management
Another heavyweight positive development is SUI's collaboration with Babylon to launch a Bitcoin staking feature. Users can stake Bitcoin directly on SUI to earn LBTC rewards. This means that long-term Bitcoin holders can gain additional returns through the SUI ecosystem without having to sell their assets, while also injecting more liquidity into the network. For example, a user holding 1 BTC can stake it on SUI, receive LBTC, and then participate in DeFi projects to earn interest. This innovation not only enhances the ecological diversity of SUI but also opens up new avenues for the BTCFi (Bitcoin Finance) field.
Second, the fundamental reason for SUI's continuous development
SUI's journey to today is not due to luck, but rather to solid technological strength and ecological layout.
1. Technological innovation
The core technical highlight of SUI lies in its dual-layer consensus mechanism—Narwhal and Bullshark. Narwhal manages the directed acyclic graph memory pool, optimizing transaction ordering; Bullshark is responsible for transaction validation, ensuring network security. More uniquely, some transactions on SUI can bypass traditional consensus and complete settlement in less than 0.5 seconds through Byzantine consistency broadcasting mechanism. In a testing environment, SUI's transaction processing speed reaches up to 297,000 transactions per second, far exceeding Ethereum and Solana, which at 65,000 TPS, is indeed small.
This 'dual-turbine engine' design allows SUI to handle high concurrency scenarios effortlessly, making it particularly suitable for applications with high real-time requirements, such as on-chain stock trading or gamified NFT transactions, naturally providing a smoother user experience.
2. Revolution in costs and storage
Sui has also innovated in fee and storage management. It has introduced a dynamic storage pricing mechanism that adjusts storage fees based on market demand, reducing developers' costs by 83%. Compared to Ethereum's previous gas fees that often exceeded tens of dollars, SUI's transaction fees are as low as $0.00001, which can be considered 'dirt cheap,' almost imperceptible interaction. Although Ethereum's gas fees have come down now, that was after losing its ecosystem, making it fundamentally different from Sui's consistently low fees during its high-speed ecosystem growth.
Comparison with other public chains
SUI's advantages become even more apparent when compared to other public chains:
First, compared to Ethereum: Ethereum is the pioneer of public chains, but its gas fees are high. Layer 2 has somewhat alleviated this, but it still makes retail investors and developers feel complicated. SUI wins with low fees and simple rules, with a single transaction costing only $0.00001 and developer costs reduced by 83%, making it a 'people-friendly' public chain.
Secondly, compared to Solana: Solana is known for its high speed, but its ecological diversity is lacking, and it has faced security doubts due to network outages. SUI not only is faster, with a measured 297,000 TPS, but it has also performed outstandingly in DeFi and BTCFi areas. For example, SUI's Bitcoin staking feature is something Solana lacks, significantly enhancing ecological liquidity.
Thirdly, compared to Polygon and Optimism: SUI's TVL surpassed Polygon and Optimism in October 2024, demonstrating stronger market competitiveness. Its low cost and high performance also make it more popular among developers.
Ecological strategy: Win-win cooperation
SUI's ecological development benefits from its 'circle of friends' strategy, which resonates with Solana. SUI collaborates with wallet infrastructure developers like Dynamic, Phantom, and Backpack to expand user access points. For example, Phantom wallet has fully supported SUI, allowing users to access ecological applications like DeepBook directly through the wallet. This interconnectivity not only enhances user experience but also makes it easier for the SUI ecosystem to integrate with other networks, forming a win-win situation.
Third, the development outlook for SUI in the coming year and market capitalization outlook
What will the future of SUI look like? Based on current trends and technical roadmaps, we can boldly anticipate the development prospects for the coming year.
1. Quantum safety implementation: SUI plans to achieve quantum resistance by 2025, becoming one of the first public chains with this capability. This will solidify its leading position in security and may attract more institutional investors, such as financial institutions with high security requirements.
2. Application expansion: SUI's layout in DeFi and NFT fields will deepen. For example, the cooperation with ATHEX on 'on-chain Greek stocks' may become a reality, allowing investors to trade Greek securities directly on SUI. Additionally, innovative concepts such as 'quantum NFTs' may also be launched, further enhancing ecological enthusiasm.
3. Stablecoin market: As of April 2025, SUI's stablecoin market size has reached $865.2 million, with USDC accounting for 71.64%. This stable capital base will provide strong support for DeFi and trading activities.
Market capitalization prediction: $16 is attainable!
Current market capitalization: As of April 2025, SUI's market capitalization is $6.9 billion, ranking 20th in the cryptocurrency market. How much can it grow in the future? We need a relatively rigorous calculation method.
The main growth driver for future market capitalization comes from the underlying support of its TVL growth. Benchmarking against Solana, which currently has a TVL of about $4.5 billion and a market cap of $60 billion, if SUI's TVL returns to $2 billion, its market cap could proportionally reach $20 billion, translating to a price of about $16 based on a circulating supply of 500 million. This model is of course somewhat simplistic, and actual price calculations cannot be so straightforward, but it also does not account for the possibility of a future crypto bull market.
Please note that the above content is not specific price guidance, but rather a macro-level outlook on interested coin prices and ecological development issues. Even if it really can rise to $16 in the future, it does not mean that buying at the current price of $3.7 is without risk; short-term deep corrections and unexpected events like Trump causing trouble could interfere with the entire ecological development.
Of course, strategically, I remain optimistic about SUI and will continue to accumulate when the prices dip. In the coming year, the dual drivers of technology and ecology will propel SUI upward, and its market capitalization is expected to achieve a significant breakthrough. For investors, SUI is not only a technical benchmark but also a promising investment target full of opportunities. Whether it is delving into DeFi or exploring BTC-Fi, SUI is proving with actions that this rising star is emerging, adding another competitor to Ethereum.