Sui Price News: Why is SUI Up Today & Here’s What Could Push It to $4

Sui (SUI) has gone up by 5.2% in the past 24 hours and trading volumes have exploded by 56% while most other cryptos are dormant.

The native asset of the Sui Network is trending after a Swiss bank called AMINA became the first institution to offer SUI trading and custody to its customers. They also said that they plan to launch SUI staking soon.

This bank manages over $4.2 billion for its customers and has set a strong precedent across the financial industry with its decision to launch this new service.

Sui’s institutional adoption has been accelerating following the launch of Grayscale’s SUI Trust and amid the network’s rapid growth.

AMINA’s Chief Product Officer emphasized that Sui was “built specifically to replace Web2 infrastructure in businesses, offering efficiencies that many other Layer-1s simply cannot match.”

SUI’s TVL Has Expanded by 843% in 19 Months

Since its launch in 2023, this smart contracts platform has been making significant progress. On-chain data shows that stablecoin reserves have already exceeded $1 billion while stablecoin transfers reached $1 trillion recently.

Sui’s Total Value Locked (TVL) and Price in USD – Source: DeFi Llama

Compared to its top rivals, Solana and Ethereum, Sui can theoretically process a higher volume of transactions per second at a significantly lower cost.

Its DeFi ecosystem has been growing rapidly. The network’s total value locked (TVL) in USD has moved from $212 million back in January 2024 to $2 billion now. This translates into an 843% jump in 19 months.

The price of SUI registered a 348% increase during that period, so it is not just price appreciation that’s driving higher TVLs across the Sui Network – adoption is also growing fast.

SUI Follows Our Predicted Path and Could Jump to $4 Again

My latest Sui price prediction dates back to July 15. It’s been a while since I covered the token but the trajectory of the price action since then has followed our path to the letter almost.

July 15, 2025 Price Prediction for SUI – Source: FXEmpire.com

The price tagged the $4 area and rejected a move above that key resistance zone and went down to retest a support area we highlighted at $3.4.

The price has now bounced off that level and today’s strong uptick confirms this bounce. We should be in what could be the beginning of SUI’s next leg up – one that could reach a much higher level if it unfolds as expected.

SUI/USD Daily Price Chart (Coinbase) – Source: TradingView

This recent pullback was more than needed as the price rallied from $2.3 to $4.2 in just a month. Hence, late buyers now have the chance to enter a SUI long position at a more decent entry compared to late July.

These late buyers are the ones that could push SUI higher while the extra liquidity added by short positions above the $4 level will likely propel the price to higher ground as short sellers will be squeezed.

This bullish outlook will be invalidated if we get a move below the 200-day exponential moving average (EMA), in which case there will be much stronger evidence favoring a full-blown trend reversal for this token.