Sui Price Prediction: SUI Eyes All-Time High as Active Addresses Hit 1M

Sui (SUI) has booked gains of 38% in the past 7 days as on-chain metrics show that interest in this smart contracts platform has recovered lately.

Data from Arthemis indicates that daily active addresses have jumped above 1 million recently after hitting a 3-month low of around 250,000 less than a month ago.

Back in May, when SUI hit its current price of $4 per token, active addresses reached a peak of 1.8 million.

Sui’s Daily Active Addresses – Source: Arthemis

This is an interesting divergence that could indicate that the rally is just getting started as traders’ interest is below its peak even though the price climbed back to where it was back then.

Late buyers could now provide the necessary fuel to push SUI to its all-time high of $5.35, which is 23.8% away from where the token is right now.

Sui’s TVL Rises As a New Growth Avenue Emerges

Sui’s total value locked (TVL) in SUI has also made a new 2025 record after hitting 650 million tokens in late June.

Sui’s Total Value Locked in SUI (TVL) – Source: DeFi Llama

TVL increases and price action have not been too correlated for SUI in the past but it may become more important in the future as the network needs to prove that it can compete with rivals like Solana and Ethereum, whose DeFi ecosystems have expanded rapidly in the past few years.

One interesting development that has been underplayed by the market is the growing popularity of xBTC – a Sui and Solana-based wrapped Bitcoin token that is being heavily promoted by OKX.

xBTC gives Bitcoin holders the chance to put their money to work and earn some passive income through a secure solution.

The network has partnered with top developers who are already tapping into BTCFi – a segment of the crypto world that could grow exponentially and rapidly even if just a tiny fraction of Bitcoin’s circulating supply comes on board.

Sui is one of the safest, cheapest, and most scalable blockchains in the space at this point. Hence, it could benefit tremendously from this trend.

SUI Could Retest $3.5 Before an Explosive Retest of Its ATH

Looking at the daily chart, SUI has broken above a key area that has served as both support and resistance in the past at $3.45 and kept moving higher to the $4 level.

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

This is a critical resistance to watch as the price has rejected above this marker multiple times in the past and there could still be some unfilled order blocks at this level.

A pullback may not be bad for SUI as it could push the price to the $3.5 area where buying interest should be strong. This would provide the necessary fuel for the token’s next leg up.

Everything at this point, both the price action and on-chain data, favors an upcoming push to the $5 level. Hence, SUI’s upside potential is quite high, especially if buyers secure an entry at around $3.5.

Market sentiment favors a move higher as Bitcoin (BTC) keeps making new all-time highs while the Fear and Greed Index currently sits at 70, meaning that market participants are in Greed mode.