Sui (SUI) is once again testing traders’ patience—and their optimism—as it clings to its critical $2.38 support zone, a level that could decide its next major trend.
The Layer-1 blockchain token has entered a crucial phase, showing resilience in the face of market uncertainty while hinting at renewed bullish potential. With momentum building around its technical structure and rising on-chain activity, analysts believe SUI could be gearing up for a breakout that may propel it toward $3.70, $5.00, or even $8.00 in the coming weeks.
As of October 23, 2025, the price of Sui trades near $2.46, slightly above its recent low but holding firm within a zone that has historically attracted strong buying interest. Market observers say this defense of support underscores buyers’ willingness to accumulate, though a sustained rally will likely require a notable increase in volume—a key indicator for confirming upward continuation.
Technical Picture: Rising Structure and Bullish Pennant
The latest Sui price prediction is supported by an increasingly optimistic technical setup. The token’s 3-day chart reveals a bullish pennant pattern, a formation often viewed as a continuation signal following prior upward movement. Analysts from DeFi trading circles note that the ascending support line remains intact, signaling persistent strength among long-term holders.
SUI is holding its bullish pennant support, and a strong rebound from this zone could spark the next upward move toward $3.70, $5.00, and potentially $8.00. Source: @PhiTran2612 via X
One independent market analyst remarked, “SUI is compressing within a tight range, and patterns like this typically lead to expansion when volume catches up.” However, the Sui crypto market remains subdued for now, with daily volumes trailing behind earlier October peaks. If bulls manage to push beyond immediate resistance at $3.70, it could trigger a wider move toward the $5.00 region—a level seen as pivotal for shifting overall sentiment back to bullish territory.
On-Chain Growth Signals Strengthening Ecosystem
Beyond market structure, on-chain data from the Sui blockchain tells a story of growing adoption. New account creations surged from under 200,000 in late September to over 782,000 by October 23, marking a fourfold increase in less than a month. This growth coincides with Sui’s ongoing ecosystem expansion, including new liquidity tools, Web3 integrations, and stablecoin deployments, driving higher network engagement.
On-chain analysts interpret the user growth as a sign of deepening interest in the network’s scalable infrastructure. However, while new users are joining at a record pace, daily active user counts remain uneven—indicating that the ecosystem still needs stronger retention metrics to sustain momentum over the long term.
What’s Next for SUI Price?
Market participants are closely monitoring whether SUI can break decisively above its consolidation zone. A move higher, accompanied by rising volume, would validate the Sui coin price prediction of a potential rally toward $5.00 in the mid-term. Conversely, failure to maintain the $2.38 support could invite Sui bears back into play and lead to a temporary retracement.
SUI has recorded a significant surge in new account creations in recent days, signaling growing network adoption. Source: @Torero_Romero via X
For now, SUI’s price today reflects cautious optimism. The combination of strong structural support, growing ecosystem traction, and improving technical posture has kept traders on alert for a breakout scenario—one that could redefine its standing among top-performing altcoins.
Final Thoughts
Sui’s current stability highlights the token’s evolving role within the Layer-1 landscape. Its ability to maintain structure amid volatility, combined with rapid network growth, gives the Sui crypto market a solid foundation heading into the final quarter of 2025.
Sui was trading at around $2.46, up 2.52% in the last 24 hours. Source: Brave New Coin
If momentum persists and adoption trends continue, SUI could enter a new growth phase where the $5.00 target transitions from speculation to reality. Until then, the $2.38 level remains the battleground between bulls and bears—a decisive zone that could shape the trajectory of Sui’s price prediction for 2025 and beyond.