Massive 64.19M SUI Unlock on April 1 — Panic Sell or Smart Buy?
0
0

Sui Network has a major event scheduled for April 1, 2025, with the SUI token unlock dropping 64.19 million SUI tokens, worth around $148.29 million. This drop accounts for 2.03% of the current circulating supply of 3.17 billion SUI, fueling debate on its possible effect on the SUI market. With just 31.7% of the total 10 billion supply unlocked, more emissions are anticipated, making this event crucial for investors tracking SUI price movements.
How Token Unlocks Affect Market Stability
SUI token unlock could result in temporary price dips, as traders may sell off newly available tokens. Historically, token unlock events have caused short-term volatility, especially when market sentiment is bearish.
Despite concerns, past unlock events have shown that long-term SUI price movements depend on broader market trends and project developments. Investors should assess the demand-supply dynamics before making decisions. If demand remains steady or increases, the SUI market may absorb the supply influx without major losses.
SUI’s DeFi Growth: A Positive Outlook?
The Sui network has seen remarkable growth in its DeFi space. The decentralized exchange (DEX) trading volume per month has crossed $5 billion. Also, the stablecoin market cap has jumped from $370 million in December to $628 million as of March 31, 2025.
As a result of this growth, overall value locked (TVL) in the Sui ecosystem fell from an all-time high of $2.08 billion in January to $1.2 billion. This reduction is indicative of the influence of overall market trends as opposed to specifically considering the SUI token unlock. The stability of DeFi platforms developed on Sui will be instrumental in projecting the direction of the network moving forward.
Live Chart Analysis Suggests Uncertainty in Markets
At the time of March 31, 2025, the SUI price is $2.25, a minimal fall of 0.08% from the current close. Trading fluctuations have left daily highs and lows at $2.44 and $2.24, respectively, marking reasonable volatility.
Chart 1 – SUI/USD live price, published on TradingView, March 31, 2025.
The Relative Strength Index is 34.22, hinting that the token is heading towards the level of oversell. This indicates potential buy setups for investors invested in crypto trading. If RSI levels continue to drop, a price rebound may follow.
Weekly Chart Indicates Key Resistance Levels
Analyzing past performance, the SUI price hit an all-time high of nearly $4 in November 2024 before entering a consolidation phase. By December, analysts predicted a surge to the $4.7-$5.2 range, citing strong technical indicators. However, market downturns have since influenced price movement.
Chart 2 – SUI/USD weekly price, published on TradingView, March 31, 2025.
As the SUI token unlock approaches, investors should consider historical trends and monitor sentiment shifts. Large unlock events often create short-term pressure, but long-term recovery depends on adoption, development progress, and broader SUI market conditions.
Future Roadmap and Investor Strategies
In the future, the Sui Network’s roadmap involves more protocol upgrades to solidify its ecosystem. Despite the risks associated with the SUI token unlock, strategic investors may view this as an opportunity rather than a setback. Effective crypto investment strategies include keeping short-term turbulence in balance with long-term growth prospects.
Final Thoughts: Buy or Sell SUI?
The SUI token unlock on April 1, 2025, is a milestone for the SUI market, with possible short-term price action. Nevertheless, based on historical trends, price action after unlock is subject to overall sentiment, adoption, and demand-supply dynamics. While volatility will be challenging, opportunities lie ahead for those practicing strategic crypto investment.
The post Massive 64.19M SUI Unlock on April 1 — Panic Sell or Smart Buy? appeared first on Coinfomania.
0
0
Securely connect the portfolio you’re using to start.