SUI Price Breakout Targets $4.00+ in July Amid Ecosystem Growth

👤Jay Robinson ⏲️July 10, 2025

Sui

Sui (SUI), the high-performance Layer-1 blockchain, has officially broken above its key resistance level at $3.00, setting the stage for a possible 35% surge to new highs above $4.00.

Fueled by a powerful mix of technical indicators, ecosystem expansion, and surging investor interest, SUI is in line as one of the top altcoins to watch in July 2025.

Technical Breakout Signals New Upside

SUI’s recent breakout above the $3 resistance level marks a significant bullish shift. After months of consolidation within a descending channel, the token has now reclaimed major moving averages — including the 50-day, 100-day, and 200-day EMAs — turning them into support zones.

The Relative Strength Index (RSI) remains above 50, signaling sustained buying pressure, while the Moving Average Convergence Divergence (MACD) continues to uphold a buy signal triggered in late June. If momentum continues, SUI could challenge resistance at $3.30 and $3.50 before targeting the psychological barrier at $4.00.

sui

Ecosystem Fundamentals Support Bullish Sentiment

According to crypto analyst MichaĂ«l van de Poppe, SUI is “on the edge of a new run towards highs,” thanks to its robust ecosystem metrics. Since January, Sui’s stablecoin supply has nearly tripled from $400 million to $1.2 billion, while its Total Value Locked (TVL) has climbed to $1.95 billion — making it the third-largest non-EVM blockchain by TVL.

SuiLend, the network’s top lending protocol, has seen its own TVL explode by 90% in the last month, now exceeding $600 million. These figures are indicative of rising developer activity, strong user participation, and growing investor confidence.

The launch of the Threshold Network’s decentralized tBTC on Sui has also brought in $500 million in Bitcoin liquidity, offering fast, trustless DeFi access. Sui is now the first non-EVM chain to support direct minting of tBTC, giving it a competitive edge in the Bitcoin DeFi (BTCfi) arena.

Volume and Open Interest Paint a Bullish Picture

SUI’s bullish breakout is backed by solid market activity. Over the past 24 hours, Open Interest in SUI derivatives has jumped 14% to $1.45 billion, while trading volume soared 74% to $5.43 billion. According to CoinGlass data, a bullish long-to-short ratio of 1.03 further underlines growing market confidence.

Traders betting against the move have already taken losses — over $3.88 million in shorts were liquidated compared to just $217 million in long positions. These liquidations often trigger cascading price spikes, a pattern now visible in SUI’s continued upward trend.

Social and Altcoin Momentum Add Fuel

SUI’s social sentiment is on the rise as buzz around its price action and ecosystem developments intensify. Social media mentions and trading interest have spiked, coinciding with a broader resurgence in the altcoin market.

Layer-1 peers like Solana (SOL) and Cardano (ADA) are also posting gains, further supporting SUI’s upward trajectory. SOL gained 2.8% to trade near $157, while ADA jumped 4.8% to $0.62 — both outperforming Bitcoin and signaling renewed risk-on sentiment across the crypto space.

What’s Next for SUI? Key Levels to Watch

For SUI to validate its breakout and push toward the $4.00–$4.30 zone, it must conquer the critical resistance around $3.30. A daily close above this liquidity-heavy level could open the doors to all-time highs.

However, traders should remain cautious of short-term resistance between $3.20 and $3.38, as well as potential volatility from upcoming token unlocks. Still, recent unlock events have shown minimal price disruption, suggesting strong buyer absorption.

With technical patterns aligning, trading volume spiking, and the Sui ecosystem hitting new milestones, SUI appears poised for a major rally in July. Should it successfully breach $3.30 with conviction, a move to $4.00 and beyond could materialize quickly, validating bullish predictions and reinforcing SUI’s anticipations.

About Author

Jay Robinson

Jay Robinson

Jay Robinson is a crypto content analyst and writer with over two years of experience in the industry. With a deep understanding of the crypto market, DeFAI and extensive knowledge of various blockchain technologies, Jay delivers insightful and well-researched content. As an avid trader, Jay makes sure he stays ahead of market trends and breaking news, providing readers with timely and informative analysis. With a passion for the ever-evolving world of crypto, Jay’s expertise ensures engaging and valuable content for novice and experienced investors.

  • Disclaimer

The content provided on Grey Satoshi is for informational and educational purposes only. It should not be construed as financial, investment, or professional advice. We do not endorse or recommend any specific cryptocurrencies, investments, or strategies. Before making any financial decisions, consult with a qualified financial advisor.