Overview
- After 16 hours of consolidation, SUI’s price jumped 15% to $4.23 on July 26 as trading volume nearly doubled its 24-hour average.
- DeFiLlama data show total value locked in SUI’s DeFi protocols rose 42% in 2025 while DEX volume hit $10.3 billion in July, a 657% year-over-year increase.
- Technical formations including a descending triangle breakout and an AB=CD pattern signal sustained bullish momentum with immediate resistance at $4.20.
- Open interest in SUI derivatives climbed over 16% to $2.12 billion, reflecting increasing participation from speculators and hedgers.
- Analysts such as Marcus Corvinus, CryptoBull_360, Ali and Mr. APE are forecasting further gains with targets spanning $5.36 to $10 by Q4 2025.