SUI Price Could Surge 260% to $9: Analyst Predicts

The SUI price has experienced a rollercoaster performance in 2025, beginning the year with remarkable momentum that propelled it to a new all-time high of $5.35 on January 4. However, the cryptocurrency has since faced significant downward pressure, currently trading at approximately $2.51 – representing a more than 53% decline from its peak. This substantial pullback has highlighted the altcoin’s struggles throughout the year, creating uncertainty among investors about its near-term trajectory.

Despite this disappointing performance, recent analysis suggests the tide may be turning for SUI. The cryptocurrency’s current price action reflects a 1% daily gain, indicating potential stabilization after months of decline. This modest recovery comes amid growing technical and fundamental signals that could signal a major reversal in fortune for the embattled altcoin.

According to market analyst Ali Martinez, SUI is currently trading within a symmetrical triangle pattern on the 2-day timeframe. This technical formation is characterized by a diagonal falling upper trendline and a rising lower trendline, with the asset’s price narrowing as it approaches the pattern’s apex. The symmetrical triangle typically serves as either a continuation or reversal pattern, depending on the direction of the eventual price break.

Martinez emphasizes that this particular pattern tends to function as a continuation signal, suggesting SUI is likely to break above the upper trendline and resume its initial upward movement from before entering the triangle formation. The critical level to watch is $3.6 – a sustained close above this upper boundary could trigger the anticipated breakout. According to the analyst’s projection, such a move could propel SUI to approximately $9, representing a staggering 260% surge from current price levels.

Beyond the technical setup, Martinez identifies three compelling on-chain developments that strengthen the bullish case for SUI. The total value locked (TVL) on the SUI blockchain recently reached a new all-time high of $2.6 billion, indicating robust capital inflow and growing confidence in the network’s ecosystem. This metric serves as a crucial indicator of the platform’s health and adoption, suggesting increasing utility and user engagement.

Meanwhile, decentralized exchange (DEX) activity on SUI has shown remarkable growth, reaching a record $20.33 billion in volume during October. Martinez specifically notes that this surge was driven by genuine network activity rather than artificial incentives, pointing to organic adoption and real user demand. The sustained growth in DEX volume underscores the network’s expanding utility and user base.

The third key development highlighted is the stablecoin market cap on SUI, which has climbed to $1.15 billion. This substantial stablecoin volume indicates the network’s steady growth and strong demand for its financial infrastructure. The combination of these three on-chain metrics – record TVL, organic DEX volume growth, and expanding stablecoin presence – creates a solid fundamental foundation that could support the projected technical breakout.

For investors monitoring SUI’s progress, the $3.6 level represents the crucial threshold that could validate Martinez’s bullish prediction. A sustained break above this resistance point would confirm the symmetrical triangle breakout and potentially initiate the projected upward movement toward the $9 target. However, failure to breach this level could see the cryptocurrency remain within its current consolidation pattern.

The convergence of technical analysis from Ali Martinez and strong on-chain fundamentals presents a compelling narrative for SUI’s potential recovery. While the cryptocurrency remains significantly below its January peak, the combination of a well-defined technical pattern and genuine network growth metrics suggests the current price may represent an attractive entry point for investors anticipating a major breakout in the coming months.