{"id":158654,"date":"2025-06-03T01:14:19","date_gmt":"2025-06-02T22:14:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=158654"},"modified":"2025-06-03T01:14:19","modified_gmt":"2025-06-02T22:14:19","slug":"sui-price-prediction-ecosystem-growth-in-first-quarter-supports-push-to-5","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/sui-price-prediction-ecosystem-growth-in-first-quarter-supports-push-to-5\/","title":{"rendered":"Sui Price Prediction: Ecosystem Growth in First Quarter Supports Push to $5"},"content":{"rendered":"

Sui (SUI) has dropped in the past week as the crypto market rally that started in late April has cooled off a bit but has still managed to leave the token in a much better place to eye a retest of its all-time high.<\/p>\n

This layer-1 blockchain had a great first quarter. A report from Messari highlighted that average daily DEX volumes on Sui reached a record of $304.3 million. This represented a 315.7% increase compared to the same period a year ago.<\/p>\n

\"sui<\/p>\n

Meanwhile, the total value locked (TVL) in its DeFi ecosystem grew by 35% compared to the previous quarter and currently stands at 544.1 million SUI.<\/p>\n

Expressing TVL values in SUI rather than USD helps offset the negative or positive impact that price appreciation or depreciation of the SUI token can cause in this metric.<\/p>\n

Meanwhile, the network\u2019s stablecoin market cap increased by nearly 57% compared to the previous quarter and currently sits at $580.50 million.<\/p>\n

Despite the Cetus incident<\/a>, these metrics indicate rapid ecosystem growth and favor a bullish Sui price prediction.<\/p>\n

Sui Price Prediction: SUI Could Retest Its All-Time High If This Key Support Holds<\/h2>\n

The daily chart shows that Sui recently broke its bullish structure as it dropped below its second-best higher high of around $3.6.<\/p>\n

\"sui<\/p>\n

However, the token has found strong support at the $3 level. This is a key psychological threshold as well that late buyers could have picked as an ideal entry after a much-needed pullback from SUI\u2019s latest rally.<\/p>\n

The Relative Strength Index (RSI) currently sits at 43, meaning that bears are in control of the price action and negative momentum has accelerated.<\/p>\n

After its bounce from the $3 level, Sui has been performing positively for three days in a row, counting this session\u2019s strong recovery from daily lows.<\/p>\n

If the price breaks out of its descending price channel, this would confirm a bullish outlook. The market may retest the $3 level again to raise the necessary liquidity and then prepare for the next leg up, which could take SUI from $3 to $5.<\/p>\n

This jump would resemble the late April rally, which pushed SUI from less than $2 to $4 in just a month.<\/p>\n

The war between smart contracts platform continue and one crypto presale<\/a> stands to gain from Solana\u2019s dominance of the meme coin market. Solaxy (SOLX), a layer-two scaling solution, has raised more than $40 million since its ICO kicked off in December 2024.<\/p>\n

Solaxy (SOLX) Gives the Community 14 More Days to Invest<\/h2>\n

Solaxy (SOLX)<\/u><\/a> is a promising layer-2 project for the Solana network that solves the congestion issues that this blockchain has experienced during peak usage periods.<\/p>\n

\"solaxy<\/p>\n

The developing team has made significant progress in launching the L2 including the release of a block explorer for the Solaxy testnet that allows investors to check the blockchain\u2019s performance in real time.<\/p>\n

Once Solaxy starts to be adopted by wallets and exchanges, the demand for its utility token, $SOLX, will skyrocket. On top of its upside potential, the project offers staking rewards of 93% to investors who lock up their tokens to secure the L2.<\/p>\n

To buy $SOLX at its discounted price before the presale ends, head to the Solaxy website<\/u><\/a> and connect your wallet (e.g. Best Wallet<\/u><\/a>). You can either swap USDT or SOL for this token or use a bank card to make your investment.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sui (SUI) has dropped in the past week as the crypto market rally that started in late April has cooled off a bit but has still managed to leave the token in a much better place to eye a retest of its all-time high. This layer-1 blockchain had a great first quarter. A report from […]<\/p>\n","protected":false},"author":132,"featured_media":158655,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[277,424,111,108,76,266,71,372],"coin_category":[],"class_list":["post-158654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-best-wallet","tag-crypto","tag-meme-coin","tag-price","tag-scaling","tag-solana","tag-stablecoin","tag-sui"],"acf":[],"yoast_head":"\nSui Price Prediction: Ecosystem Growth in First Quarter Supports Push to $5<\/title>\n<meta name=\"description\" content=\"In this Sui price prediction we look at a recent report from Messari that indicates significant ecosystem growth in the first quarter of 2025.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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