TLDR
- VanEck projects SUI could reach $16 by end-2025, representing a 326% increase from current $3.75 price level based on projected smart contract platform market growth to $1.1 trillion
- Sui has shown strong DEX trading volume performance, ranking fourth after Solana, Ethereum, and Arbitrum in the past 100 days
- Google Trends data indicates Sui is the third most searched blockchain network after Solana and Ethereum, suggesting growing market interest
- The token has recently recovered from a January pullback, trading at $4.1 with a 12% increase
- Regulatory classification remains a potential risk factor, as stringent decentralization requirements could limit broader adoption
Major asset management firm VanEck has released a detailed analysis projecting that the SUI token could reach $16 by the end of 2025, representing a 326% increase from its current price of approximately $3.75.
The projection comes as part of a comparative analysis report between Sui and Aptos, two prominent players in the smart contract platform (SCP) space. According to VanEck’s research, the broader SCP market is expected to grow to $1.1 trillion by the end of 2025.
Patrick Bush, a senior investment analyst at VanEck, links this growth projection to the US M2 money supply expansion targets, suggesting a 43% market expansion. The firm’s models indicate that Sui could capture 5.5% of this growing market, potentially reaching a market capitalization of $61 billion.
Recent market data supports VanEck’s optimistic outlook. In the past 100 days, Sui has demonstrated strong performance in decentralized exchange (DEX) trading volume, ranking fourth after established players Solana, Ethereum, and Arbitrum.
The blockchain network has also gained notable traction in terms of market interest. Google Trends data reveals that Sui ranks as the third most searched network on the internet, following only Solana and Ethereum, indicating growing public awareness and interest in the platform.
Technical capabilities have played a key role in Sui’s market position. The network offers features like Local Fee Markets, Pilot Fish, and Fast Path, which VanEck analysts believe provide advantages over competitors in the space.
$SUI is testing this ascending level that used to act as support for a long time! Let's hope we break above it and gain some foothold
Trade #SUI on Bitunix – https://t.co/dMS12oeh2f pic.twitter.com/vqF98Lg0BF
— Carl Moon (@TheMoonCarl) January 30, 2025
The platform’s DeFi ecosystem has shown particular strength, with VanEck noting that Sui’s technical capabilities and economics have proved attractive to market makers, resulting in competitive pricing within its decentralized finance applications.
Recent market performance shows SUI trading at $4.1, marking a 12% increase from recent lows. The token has shown resilience by maintaining support above the $3.5 level, which analysts identify as a crucial demand zone.
Trading patterns indicate the formation of an ascending channel since November, suggesting a potential technical foundation for future price movement. The token’s recent recovery could position it for a return to this established upward trend.
However, VanEck’s report acknowledges potential regulatory challenges that could impact the token’s growth trajectory. The analysis specifically mentions the FIT 21 bill and its possible implications for blockchain networks like Sui.
Market data from the past month shows SUI maintaining a price range between $4.05 and $5.20, with the token recently testing its previous support levels. The cryptocurrency touched a new all-time high of $5.36 in early January before the recent market correction.
Trading volume analysis indicates sustained market interest, with consistent activity across major exchanges. This liquidity profile suggests robust market participation, supporting the potential for price discovery.
Current market metrics show SUI’s relative strength compared to other alternative cryptocurrencies during recent market volatility. The token has maintained key support levels despite broader market corrections.
VanEck’s analysis emphasizes Sui’s competitive positioning within the smart contract platform space, particularly noting its technological advantages and scaling potential compared to direct competitors.
The report concludes with current market data showing SUI trading at $4.13, representing a 14% increase in daily trading. This recent price action aligns with the broader recovery trend observed in the cryptocurrency market.
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