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- SUI trades near key support despite new institutional products hitting the market.
- Technicals show oversold conditions, but recovery hinges on breaking resistance levels.
- Long-term forecasts still point to a potential move toward $7 in 2025.
Sui, the fast-growing Layer-1 blockchain built for scale and smooth Web3 interactions, is navigating a turbulent moment in the market. The network has attracted strong attention this year thanks to innovations like ZkLogin and rising developer activity. Now, new institutional products are adding fuel to the conversation—even as SUI’s price slips.
New Grayscale Trusts Highlight Rising Institutional Interest
Grayscale recently introduced two investment products tied to the Sui ecosystem—DeepBook and Walrus—giving accredited investors direct access to Sui-linked DeFi assets. It marks one of the clearest signs yet that institutions are watching the network’s growth closely.
Still, the timing comes during a sharp pullback. SUI is trading around $1.64, down over 4% in 24 hours, after weeks of selling pressure triggered by token unlocks and broader market unease.
Technical Indicators Show SUI Near Key Support
The token now sits near the lower Bollinger Band at $1.59, a level traders are watching as potential support. The RSI hovers around 35, suggesting the market is leaning toward oversold conditions.
For a reversal to take shape, SUI must push past the 20-day SMA at $1.71, with the upper Bollinger Band at $1.83 acting as a secondary barrier. Until then, volatility is likely to persist.
November 2025 Outlook: Volatility Dominates
Analysts expect Sui to stay choppy through November 2025. Forecasts point to a possible low around $2.11, an average near $2.91, and a high of $3.42 if buyers regain control. The upside is capped for now, but improving sentiment could shift momentum.
Also Read: SUI Trades Near Key Support — Analysts Eye $20 Potential After Crypto Dip
Longer-term projections remain far more optimistic. With ETF proposals under U.S. review and a major $320 million token unlock set for late 2025, the market is preparing for heavier trading activity. If bullish sentiment holds, Sui could reach a new all-time high near $7.01 in 2025, with an expected average of $5.42.
Sui’s near-term price action looks fragile, but the network’s fundamentals and rising institutional engagement tell a different story. If the crypto market stabilizes and Sui continues expanding its ecosystem, the token may be positioned for a strong comeback in the years ahead.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
