Friday, May 9, 2025

SUI Eyes New All-Time High Amid 93% Monthly Rally and Ecosystem Growth

SUI Eyes New All-Time High Amid 93% Monthly Rally and Ecosystem Growth

SUI, the native token of the Sui Network, is positioning for a potential all-time high (ATH) breakout after rallying over 18% recently. With this surge, SUI has climbed to become the 11th largest digital asset by market cap.

According to CoinMarketCap, SUI has gained 93.5% over the past month, reversing previous headwinds from profit-taking after overbought conditions. The latest rally is fueled by strong network fundamentals.

Stablecoin supply on the Sui network hit an all-time high of $9.08 billion, marking a 181.53% increase since early 2025. Analysts see this as a sign of deeper capital inflows and growing user activity.

Prominent market analyst Michael Van de Poppe, who attended the recent Sui Basecamp event in Dubai, called it “one of the best ecosystem events,” highlighting SUI's bullish breakout and rising Total Value Locked (TVL) as key upside drivers.

Another analyst, Kostas Krypto, pointed to Sui’s innovation engine, noting the network has produced over 80 research papers in three years. He believes this R&D focus gives Sui a competitive edge as it scales.

With price momentum, on-chain growth, and technical breakthroughs aligning, investor expectations for SUI's next leg higher are building rapidly.


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