Can Sui Realistically Hit Record High in Q4 2025?

Sui (SUI) has been one of the worst-performing top-cap cryptocurrencies so far in 2025, down 12.50% year-to-date. Can it recover toward its all-time high of $5.36 in Q4 2025? Let’s examine.

SUI Technical Outlook: Record High Most Likely by December

Sui is consolidating inside a falling wedge, a bullish reversal pattern often appearing near the end of a correction phase. The wedge’s upper trendline now converges around $3.60, creating a crucial level where buyers may attempt to stage a breakout.

If SUI successfully clears this resistance, the falling wedge pattern projects an upside target near $4.60, marking a potential 28% climb from current levels. However, the setup’s implications extend beyond this short-term move.

A rally toward $4.60 would also push SUI above the upper boundary of a much larger ascending triangle formed since early 2025.

This broader structure suggests the possibility of an even more decisive breakout, with a target around $6.34 in Q4 2025, a new record high for SUI if achieved.

The $3.50–$3.60 zone remains the most critical area to watch.

A firm rebound and breakout above it could confirm the start of a fresh bullish cycle, while failure to hold may keep SUI’s price locked inside the wedge a little longer before any meaningful trend reversal emerges.

Sui Fundamental Outlook: TVL Growth, Upcoming DEX Launch Boost Bullish Scenario

Beyond the charts, momentum within the Sui ecosystem is accelerating.

Last week’s SUIFest event “was a blast,” says crypto analyst Michaël van de Poppe, highlighting that ecosystem sentiment is turning bullish again.

He added that Sui’s total value locked (TVL) has climbed to a new peak—$2.51 billion as of Oct. 7—and is “quickly expanding.” The upside accompanied a rise in stablecoins’ utility across the Sui network, indicating increased institutional, developer, and retail interest in the ecosystem

This growth is further supported by the upcoming launch of SuiDEX, a native decentralized exchange designed to improve trading efficiency and address liquidity dispersion through features like crosschain swaps and hybrid Automated Market Maker (AMM) and order routing.

The platform plans to launch its mainnet, token swap, staking, and list its $SUIX token on major DEXs by Q4 2025, with a Token Generation Event (TGE) and community incentives scheduled for Q1 2026.

SUI ETF buzz, especially a SEC approval, may further propel the token to a new high.