As of May 27, 2025, Sui (SUI) is trading at approximately $3.47 USD, reflecting a 4% decline over the past 24 hours. The token's market capitalization stands at around $11.6 billion, with a 24-hour trading volume nearing $880 million. SUI has experienced a 10% drop over the past week, currently trading about 35% below its all-time high of $5.35 recorded in January 2025.
Recent Developments:
Cetus Protocol Hack: On May 22, 2025, Cetus Protocol, the largest decentralized exchange (DEX) on the Sui network, suffered a significant security breach. Attackers exploited vulnerabilities in Cetus' smart contracts, leading to the theft of over $220 million. This incident has raised concerns about the security and decentralization of the Sui ecosystem.
Token Unlocks: Sui is undergoing a substantial token unlock phase, releasing approximately $158 million worth of tokens into circulation. This influx is part of a broader $549 million token unlock event across various projects, potentially introducing increased volatility to the market.
Technical Outlook:
Technical indicators for SUI present mixed signals. The Relative Strength Index (RSI) hovers around a neutral 50, suggesting neither overbought nor oversold conditions. Short-term momentum indicators hint at a possible upward movement, but the Moving Average Convergence Divergence (MACD) shows a bearish crossover. While short-term moving averages indicate downward pressure, longer-term indicators offer a more bullish perspective.
Future Prospects:
Despite recent challenges, some analysts remain optimistic about SUI's long-term potential. Predictions suggest that, contingent upon the network's recovery and increased adoption, SUI could surpass the $8.39 mark in the future.
For real-time updates and detailed charts, you can visit platforms like CoinMarketCap and CoinGecko.
- 2025: Average price of $2.70, with a potential ROI of 0.07%
- 2026: Average price of $5.83, with a potential ROI of 173.20% in March
- 2027: Average price of $4.18, with a potential ROI of 70.17% in January
- 2028: Average price of $4.05, with a potential ROI of 44.99% in September
- 2029: Average price of $7.19, with a potential ROI of 320.54% in November
- 2030: Average price of $8.44, with a potential ROI of 243.08% in January