📊 Sui (SUI) Market Overview
Current Price (USD): ~$3.70
24-Hour Change: +6.79%
Today's Range: $3.31 – $3.71
24-Hour Trading Volume: Approximately $1.69 billion
Market Cap: ~$12.37 billion
Circulating Supply: ~3.34 billion SUI
Max Supply: 10 billion SUI
All-Time High: $5.35 USD (January 4, 2025)
🧭 Key Factors Influencing SUI
ETF Developments: 21Shares has filed for a SUI ETF with the U.S. SEC, signaling increased institutional interest in the Sui blockchain.
Token Unlock Event: A significant token unlock of approximately $265 million worth of SUI is scheduled for May 1, 2025. While such events can introduce volatility, current market sentiment remains bullish.
Technical Indicators: SUI has recently broken through a 108-day resistance trend line, indicating strong bullish momentum.
🔮 SUI Price Predictions
Short-term (Q2 2025): Analysts anticipate SUI could reach between $4.00 and $4.50, contingent on market momentum and investor sentiment.
Mid-term (2025): Forecasts vary, with some analysts projecting prices around $5.00 by year-end, while others suggest a range between $4.50 and $6.00, depending on market conditions and adoption rates.
Long-term (2030 and beyond): Speculative forecasts suggest SUI could reach between $10.00 and $15.00 by 2030, driven by increased adoption and its role in the decentralized application ecosystem.
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