NewsCryptoSUI Price Eyes $10 as Bullish Pattern Reappears

SUI Price Eyes $10 as Bullish Pattern Reappears

Author: Tron Weekly·

Key Takeaways

  • •SUI, the token powering the Sui Layer-1 blockchain developed by Mysten Labs, traded at $0.8156 with a market capitalization of $3.32 billion and a 24-hour trading volume of $643 million, despite a 1.09% decline over the previous day.
  • •Analyst @0xmakesense identified a technical structure forming near $0.80 that resembles past cycles which delivered gains of approximately 500% and 900%, with traders considering $10 as a possible future target.
  • •Data from Ali Charts showed active addresses on the Sui network surged more than 250% in one week, rising from 66,886 to 231,272, indicating growing user engagement.
  • •The increase in network activity is viewed as a positive fundamental indicator, though the article notes that higher activity does not guarantee a price rally.
  • •Liquidity conditions and upcoming token unlocks are expected to play a decisive role in determining whether SUI's current momentum can be sustained.
SUI Price Eyes $10 as Bullish Pattern Reappears

SUI is showing a bullish technical setup that analysts say could support significant long-term growth. The token powers the Sui blockchain, a Layer-1 network developed by Mysten Labs, a team of former Meta engineers, which uses the Move programming language and an object-based architecture designed for parallel transaction execution. The outlook is being reinforced by a sharp rise in network activity, with active addresses increasing more than threefold in a week, a development that points to stronger fundamental momentum and broader user adoption.

At the time of writing, SUI is trading at $0.8156, with a 24-hour trading volume of $643 million and a market capitalization of $3.32 billion. After a 1.09% decline over the previous 24 hours, the asset's price structure and whale accumulation are being viewed as signs of a possible bullish reversal.

Source: CoinMarketCap

Also Read: SUI Price Stabilizes Near $0.65 as Falling Wedge Targets Breakout

SUI Price Eyes $10 as Bullish Pattern Returns

According to crypto analyst @0xmakesense, SUI is once again attracting attention as traders compare the current setup with earlier explosive expansion phases.

Previous cycles reportedly delivered gains of about 500% and 900%, and a similar structure now appears to be forming near $0.80. If that historical momentum repeats, SUI could see another major rally, keeping it on the list of altcoins that may deliver outsized returns during bullish market conditions.

Source: make sense's X Post

At present, traders may have $10 on their radar as a future target if momentum continues to build and the pattern is completed. Reaching that level would require stronger buying power, increased adoption within the ecosystem, improved market sentiment, and technical breakouts. For scale, a move from roughly $0.82 to $10 would represent a more-than-twelvefold advance, exceeding even the roughly 900% climb reported in the strongest of the prior cycles being compared.

SUI Active Users Surge, Boosting Bullish Outlook

Data from Ali Charts also points to a sharp rise in SUI's on-chain activity, supported by favorable macro conditions across the crypto market.

Active addresses increased by more than 250%, rising from 66,886 to 231,272 in just one week. That jump suggests users are becoming more engaged in interacting with their wallets. Active addresses count unique wallets interacting with the network over a period and are among the most widely tracked usage indicators for Layer-1 chains, alongside transaction counts and total value locked, because they help show whether price moves are backed by real activity rather than speculation alone.

Source: Ali Charts's X Post

The increase in active addresses is a positive fundamental indicator for SUI as market sentiment improves. Higher network activity does not guarantee a price rally, but it can strengthen investor confidence and reflect growing ecosystem usage.

What Comes Next?

Going forward, SUI will need to turn rising speculative interest into practical use through higher user acquisition and deeper activity across its network.

Key technical developments are likely to influence sentiment in the short term, while liquidity conditions and upcoming token unlocks may play a decisive role in determining whether the current move can continue. Token unlocks, the scheduled release of previously locked allocations into circulating supply, are a recurring feature of SUI's supply schedule, which is why traders track unlock calendars alongside price action when assessing how sustainable a rally may be.

Also Read: SUI Price Eyes $20 as Bullish Momentum Builds After Securitize Integration

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.