Sui price rises as broader crypto market bounces

• Sui price is poised above $3.60 as bulls target key level.
• The SUI all-time high price is around $5.35 and achievable as Sui total value locked hits $2 billion.
• Bulls eye $4.12 resistance, while bears target $3.20 if momentum weakens.

Sui price has a modest increase over the last 24 hours, but has reached highs of $3.70 as the broader crypto market signals an upward rally.

Coins such as Ethena, Pendle and Ondo have gained significantly amid Bitcoin’s retest of $115k and Solana’s breakout to $240.

As the 24-hour trading volume holds around $949 million, the SUI price looks poised for an uptick towards its all-time high above $5.35.

Decentralized finance and web3 adoption growth see Sui’s position as a frontrunner, potentialy setting the stage for the native token’s surge.

Sui price surge- what’s fueling bulls’ momentum?

Sui overcame a network setback in early 2025 when an ecosystem project got hacked.

The token has since bounced off lows of $1.91 to retest highs of $4.32.

The Move programming language project has gained attention due to its scalability and interoperability, putting it among the top coins attracting buyer attention.

While Ethereum and Solana dominate altcoin sentiment, the technical outlook for SUI is setting up bulls for a retest of its ATH.

Developer activity, daily active wallets and DeFi TVL surge all point to Sui’s strength.

There are also ecosystem expansions, including the integration of zkLogin for seamless user onboarding.

As well, Sui has boasted initiatives like the Strategies yield aggregator that amassed millions of dollars in deposits within weeks.

Sui’s focus on gaming, NFTs, and DePIN projects has diversified revenue streams, with a stablecoin market cap jumping above $793 million.

Network revenue has increased too, while platforms such as Suilend, NAVI and Bluefin are helping to push the total value locked in Sui protocols across DeFi to over $2 billion.

The crypto market’s attraction for Wall Street amid a scramble for digital asset treasuries is another catalyst for the Sui price.

SEC’s impending approval of new crypto exchange-traded funds, including filings for Sui, has also buoyed bulls.

What’s the price outlook for SUI?

With multiple signals converging to suggest a breakout above key resistance levels in the near term, trading above $3 is crucial for SUI.

It may be the step buyers need to maintain a bullish long-term trend.

Relative Strength Index hovers at 55, and reflects a neutral momentum that gives room for further growth before bulls hit the overbought territory.

The Moving Average Convergence Divergence also supports an upward run with a bullish crossover.

A look at the chart suggests $3.70 is a key level, and breaking the immediate $4.12 resistance could trigger a measured move to $5.

The all-time high is within range above this level.

Conversely, a bearish flip will bring Sui price to support around $3.20. Bears may also target buyers’ safety net around $2.61, should any pullback activity strengthen.