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. #BinanceHODLerSTO $BTC #SUI🔥