SUI’s Bullish Case: Will It Shatter Expectations and Reach $50? | by Samuel O. Adediran | The Capital | Mar, 2025

The price of SUI has maintained a volatile price movement, it peaked at $5.35 during early January only to retrace to $3.44 by late February. However, the price remains above the 200-day simple moving average, indicating long-term stability.

In the past, altcoins tended to consolidate before moving upwards. If SUI’s price sustains its support and the bullish momentum returns, it could be gearing up for another breakout, potentially pushing toward higher resistance levels.

The price of SUI has a stronghold at the support of $2.98, which has been the strongest base since the beginning of February. If traders want SUI to keep gaining upward momentum, this floor price is crucial.

The $3.60 mark also acts as a major resistance hurdle, If SUI’s price were to break above this level, it would indicate a bullish reversal range which increases the chances of an extended rally towards higher targets. Top crypto traders are watching these levels closely for potential price action.

SUI’s price recently shows similarities in its price movement with Solana’s spike in 2021. The price of SUI can potentially see an important upside because if Solana were to capture 1.5% of the cryptocurrency market, its price could soar, and during the last cycle, Solana’s dominance grew from 0.2% to 3%, which greatly amplified the price rally.

As of now, SUI’s price in the market share lies between 0.07% and 0.49%. The cryptocurrency market range of $7-$9 trillion also indicates that if SUI captures a larger share, the potential for SUI growth becomes quite realistic.

Multiple factors have to align for the price of SUI to reach a value of $50. Most importantly, Bitcoin has to exceed the $100K mark as it has to rally the wider crypto sphere to newer heights. In the past, Bitcoin’s strength has caused substantial altcoin rallies that have benefited many assets including SUI’s price.

Furthermore, enhanced adoption and developer activities within the SUI ecosystem would also be imperative. If projects continue to be built on SUI, it is only a matter of time before investor interest escalates and so does demand, influencing the price positively.