{"id":39739,"date":"2025-05-15T11:34:58","date_gmt":"2025-05-15T11:34:58","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/15\/sui-price-has-retreated-can-it-still-rebound-to-ath\/"},"modified":"2025-05-15T11:34:58","modified_gmt":"2025-05-15T11:34:58","slug":"sui-price-has-retreated-can-it-still-rebound-to-ath","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/15\/sui-price-has-retreated-can-it-still-rebound-to-ath\/","title":{"rendered":"SUI price has retreated: can it still rebound to ATH?"},"content":{"rendered":"
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Sui price has pulled back this week as the recent rally hit a snag. The token dropped to a low of $3.81 on Thursday, down from this month\u2019s high of $4.30. Still, despite the retreat, it is one of the best-performing cryptocurrencies as its price rallied by 125% from the lowest point in April. This article lists some of the top metrics that explain its rise to the top.<\/p>\n

Why Sui price retreated this week<\/h2>\n

The SUI token has pulled back for two main reasons. First, a retracement is normal after an asset stages a strong rally. It normally happens as investors, especially retail ones, start taking profits after a long rally.<\/p>\n

Second, Sui price has fallen as sentiment in the crypto market has soured. Bitcoin has stagnated at $104,000, while Ethereum is stuck at $2,500. Most other altcoins, including Solana and Polkadot, have remained intact in the past few days.<\/p>\n

Historically, altcoins like Sui and Polkadot move sideways or retreat when Bitcoin is not doing well. <\/p>\n

Other assets have also stalled after going parabolic on Monday following the truce between the United States and China<\/a>. The Dow Jones futures fell by 200 points on Thursday, while those tied to the S&P 500 and Nasdaq 100 fell by 20 and 50 points, respectively. <\/p>\n

Why Sui price has soared since its inception<\/h2>\n

Launched in 2023, Sui has become one of the best-performing coins as its ecosystem growth continued. One reason for the surge is that Sui is seen as a better alternative to Solana. For example, it has a theoretical maximum transaction per second (TPS) figure of 297,000, much higher than Solana\u2019s 65,000.<\/p>\n

Sui achieves this scale because its architecture allows parallel processing of independent transactions. It also uses the Mysticeti consensus protocol that achieves transaction finality in just 390 milliseconds. <\/p>\n

Sui price has also grown as its network attracted more activity. Data shows that the Sui network has achieved a total value locked (TVL) of over $2.83 billion, making it one of the biggest chains in the crypto industry. <\/p>\n

The biggest dApps in th Sui network are Suilend Protocol, NAVI Protocol, Cetus, Haedal, Bluefin, and Scallop. <\/p>\n

Sui has beaten some of the most popular players in the crypto industry. For example, Cardano, whose ADA token has a market cap of over $25 billion, has less than $500 million in TVL. Sui has also beaten top crypto projects like Near Protocol and Algorand.<\/p>\n

The DeFi TVL has limits when it comes to analyzing a project\u2019s success, since some of the funds locked in there will never be moved. A good example of this is Harmony, a dead project that has over $2.27 million in assets.<\/p>\n

Two of the best metrics to look at are stablecoins and DEX transactions<\/a>. In Sui\u2019s case, the stablecoin market cap is nearing the $1 billion milestone. Sui has also become one of the biggest players in the DEX industry as the volume has soared by over 45% in the last seven days to $4.25 billion. It has handled $91.4 billion in assets since inception.<\/p>\n

Sui price technical analysis<\/h2>\n
<\/figure>\n

Sui<\/a> price chart | Source: TradingView<\/p>\n

The daily chart shows that the Sui token peaked at $4.2557 this week and then pulled back to the current $3.78. This price was notable since it was its highest level on January 31st. <\/p>\n

The coin remains between the 38.2% and 23.6% Fibonacci Retracement level. It has remained above the 50-day and 100-day Exponential Moving Averages (EMA). <\/p>\n

The coin will likely bounce back in the coming days. If this happens, the next point to watch will be at $4.254. A move above that level will point to more gains pointing to the year-to-date high of $5.3721.<\/p>\n

The post SUI price has retreated: can it still rebound to ATH?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Sui price has pulled back this week as the recent rally hit a snag. The token dropped to a low of $3.81 on Thursday, down from this month\u2019s high of $4.30. Still, despite the retreat, it is one of the best-performing cryptocurrencies as its price rallied by 125% from the lowest point in April. This <\/p>\n","protected":false},"author":1,"featured_media":39740,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-39739","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39739"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39739\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39740"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}