Haedal Protocol (HAEDAL) Price Prediction: Can the Sui-Based Token Sustain Its Momentum?
Haedal Protocol (HAEDAL), the leading liquid staking solution on the Sui blockchain, has captured market attention with a 50% price surge following its Binance listing on May 21, 2025. Here’s a breakdown of its current trajectory and future potential:
Key Drivers of HAEDAL’s Surge
Binance Listing Effect: The token’s price jumped from $0.13 to $0.20 within hours, driven by $100M+ trading volume and the 19th HODLer Airdrop program distributing 30M HAEDAL to BNB stakers.
Technical Indicators: A bullish MACD crossover and Money Flow Index (MFI) of 63.63 signal strong buying pressure, with analysts eyeing a $0.31 resistance level (60% upside from pre-listing prices).
Sui Ecosystem Growth: As Sui’s dominant liquid staking protocol, HAEDAL benefits from first-mover advantage and a $210.8M TVL, positioning it to capitalize on Sui’s expanding DeFi adoption.
Short-Term Outlook
While profit-taking and airdrop sell-offs may introduce volatility, HAEDAL’s integration into Binance’s major trading pairs (USDT, BNB, FDUSD) and institutional backing (Hashed, OKX Ventures) suggest sustained interest.
Long-Term Potential
Success hinges on:
Sui’s DeFi adoption: Increased usage of Sui-based dApps could drive staking demand.
Liquid staking trends: HAEDAL’s ability to maintain liquidity advantages over traditional staking.
Market sentiment: Broader crypto trends, particularly Bitcoin’s performance, will influence altcoin movements.
