Will SUI Price Surge Continue as It Nears $3.5?

Sui Network (SUI) broke out its weekly wedge pattern, sparking an overall rally in the ecosystem, including its DEX volume.

Weekly SUI Coin Price Analysis

On the weekly chart, SUI showed a bullish reversal when it broke through its falling wedge pattern.

The breakout exceeded the $2.00 support, the fundamental point for the wedge structure and the double-bottom pattern’s neckline.

The bullish candle finished at $3.45 delivering strong gains. This indicated vigorous purchasing pressure and sustained momentum during the $2.00 price assessment.

The support level matched historical resistors from the mid-year period, thus establishing itself as an important structural turning point.

The falling wedge pattern indicated an upcoming price movement, which could bring prices towards $3.70 if momentum stayed strong.

If support at $2.50 failed to hold, it could result in another price test at $2.00. A violation of the $2.00 level could cancel the bullish pattern while pointing towards the $1.70 area.

A wedge shape composed of rounded lower points strengthened the bullish outlook for the price action.

The neck resistance point at $2.50 turned into a support barrier, thus strengthening the rising forecast. The price of SUI could advance to $4.00 and potentially $5.00 if it maintains above $2.86.

The trend change needed confirmation through volume patterns and the elimination of false breakout signals.

SUI Crypto and its Ecosystem in Gains

Additionally, the SUI crypto ecosystem attracted investor attention through its position as leader among the top four 24-hour gainers by SUI cryptocurrency market values.

The digital altcoins like DEEP pushed up 65.29% to $0.1923, and it maintained a market cap of $588.11 Million.

XCN achieved 32.42% growth, taking its price to $0.02363 while maintaining a market capitalization at $784.83 Million.

SUI achieved a 20.87% gain and reached $2.944 while maintaining the 12th position in market capitalization, where its was at $9.59 Billion.

WAL finished as the fourth highest performer in the list by reaching $0.5133 with $658.43 Million market value during its 15.19% increase.

This data suggested increasing SUI native asset popularity, yet the market behavior suggested it might be either an ongoing trend or a temporary fluctuation.

The price activity indicated stability, but traders needed verification from multiple elements, including ecosystem development, alongside volume and user adoption numbers.

The narrative strength of SUI depended on maintaining its momentum, as traders should monitor continued market support.

DEX Volume Hits New Milestone

Meanwhile, the total DEX volume on SUI surpassed $80 Billion while recording a 79.52% rise from the beginning of the year.

Volume showed continuous growth starting from January 2024, when the initial figure was below $10 Billion, and reached this new milestone in DEX volume.

Since January 2025, SUI has reached $50 Billion but reached $60 Billion two months later, which led to its current position beyond $80 Billion.

SUI’s Ecosystem is dominated by Cetus. The Cetus platform controls 59.61% of the total volume.

The increasing volume showed investors were becoming more confident about SUI blockchain, its deep liquidity pool, and expanding decentralized financial capabilities.

Expanding decentralized financial capabilities normally encourage positive sentiment toward base layer tokens.

The increase in speculative trading may trigger market volatility because of these recent developments.

The $3.45 price and 12th market ranking of SUI could be further lifted by sustained support from this DEX milestone.

Long-term stability requires ecosystem growth akin to the number of upcoming users. Volume increase trends and velocity could serve as key forward-looking stability pointers.

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