Key Notes
- SUI grew to become the thirteenth largest cryptocurrency by market cap, surpassing Chainlink and Cardano throughout its spectacular weekly efficiency.
- The blockchain attracted $600 million in new deposits over ten days, demonstrating sturdy elementary assist past speculative buying and selling exercise.
- Technical evaluation reveals potential for additional good points towards $4.30 goal, although RSI signifies overbought circumstances could set off short-term corrections.
Sui
SUI
$3.85
24h volatility:
9.6%
Market cap:
$13.29 B
Vol. 24h:
$1.00 B
value gained one other 9% on Monday, July 14, nearing the $3.9 mark as Bitcoin’s rally to all-time highs lifted altcoins. With elementary on-chain flows and speculative buying and selling metrics leaning overwhelmingly optimistic, may SUI advance to new peaks above $5?
SUI Price Nears $4 Milestone as BTC Rally Sparks DeFi Demand
Sui’s spectacular seven-day run continued on Monday as it grazed the $4 mark on Monday, whereas leapfrogging Chainlink
LINK
$15.87
24h volatility:
0.2%
Market cap:
$10.75 B
Vol. 24h:
$707.37 M
and Cardano
ADA
$0.74
24h volatility:
1.0%
Market cap:
$26.65 B
Vol. 24h:
$1.60 B
to develop into the thirteenth largest cryptocurrency by market capitalization. Whereas Bitcoin‘s
BTC
$120 047
24h volatility:
0.9%
Market cap:
$2.39 T
Vol. 24h:
$67.78 B
record-breaking rally to all-time excessive of $123,500 dominated newsreels, SUI has benefited from the ensuing explosion in demand for DeFi companies.
DefiLlama’s Complete Worth Locked (TVL) information which sums up all monetary belongings deposited on a blockchain community additional affirms this stance. On July 14 SUI TVL stood at $1.6 billion. For the reason that present leg of the Bitcoin value rally started, SUI attracted one other $600 million in deposits throughout the final ten days, as its TVL crossed the $2.2 billion mark for the primary time since its launch in Might 2023.
SUI Complete Worth Locked | Supply: DeFillama
Usually, such a rise in TVL throughout a rally signifies SUI’s 35% value good points previously week is firmly supported by elementary demand for its core DeFi companies. This will clarify why SUI rose by one other 9%, on Monday, whereas the vast majority of the highest 10 ranked cryptocurrencies, like Solana
SOL
$164.1
24h volatility:
0.6%
Market cap:
$88.00 B
Vol. 24h:
$14.43 B
, Ethereum
ETH
$3 008
24h volatility:
0.3%
Market cap:
$363.10 B
Vol. 24h:
$40.12 B
all noticed their respective intra-day good points subdued beneath the three% mark.
SUI Price Prediction: Bulls Push Towards $4.30 as RSI Indicators Overheating
SUI surged 10.44% on Sunday to $3.85, reclaiming the $3.45 resistance and marking its strongest day by day shut since mid-Might. The SUI value rally coincides with a clear breakout above the higher Donchian Channel boundary ($4.03), the place bulls confronted a significant provide cluster shaped throughout final month’s peak.
What a tremendous run by $SUI!
Clearly working more durable than main alts, showcasing that the institutional demand is derriving the value!
Sui is the solana of this cycle, remember!
Main chain rn constructing in the direction of client crypto! https://t.co/HT5qPA8NaT pic.twitter.com/5Of11UPkIV
— Momin (@mominsaqib) July 14, 2025
The Relative Energy Index (RSI) now reads 71.24, firmly in overbought territory, indicating sturdy momentum but in addition a possible for short-term profit-taking.
As lengthy as SUI holds above the decrease boundary of the day by day candle at $3.50, the subsequent upside goal lies at $4.29, a degree final seen in late April. The day by day candle’s sturdy physique and rising quantity validate the continuation bias. Nevertheless, if bulls lose steam, preliminary assist is predicted close to $3.30, the place the Donchian midline aligns with previous consolidation zones.
A day by day shut above $4.03 may speed up the transfer in the direction of $5 within the coming classes.
Finest Pockets Presale Beneficial properties Momentum as SUI Rally Sparks Infrastructure Demand
With SUI breaking above $3.45 and focusing on $4.30, demand for supporting infrastructure tokens like Best Wallet ($BEST) is rising. The non-custodial pockets venture that has raised over $13.8 million in its ongoing presale, giving customers entry to transaction charges, governance rights, and better staking rewards.
Presently priced at $0.025 and a scheduled value improve looming, the Best Wallet token presale gives a well timed alternative for merchants rotating income from SUI’s rally.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm info by yourself and seek the advice of with an expert earlier than making any selections primarily based on this content material.
Ibrahim Ajibade is a seasoned analysis analyst with a background in supporting numerous Web3 startups and monetary organizations. He earned his undergraduate diploma in Economics and is presently learning for a Grasp’s in Blockchain and Distributed Ledger Applied sciences on the College of Malta.
