SUI Price Confirms $5 Target as TVL Hits All-Time Highs Above $2.2B

Updated on Jul 14, 2025 at 11:33 pm UTC by · 3 mins read

Sui cryptocurrency climbed 9% on Monday, approaching the $4 milestone as Bitcoin’s record rally to $123,500 fueled demand for DeFi services, pushing SUI’s total value locked to a new high of $2.2 billion.

Sui SUI $3.20 24h volatility: 3.1% Market cap: $11.44 B Vol. 24h: $1.13 B price gained another 9% on Monday, July 14, nearing the $3.9 mark as Bitcoin’s rally to all-time highs lifted altcoins. With fundamental on-chain flows and speculative trading metrics leaning overwhelmingly positive, could SUI advance to new peaks above $5?

SUI Price Nears $4 Milestone as BTC Rally Sparks DeFi Demand

Sui’s impressive seven-day run continued on Monday as it grazed the $4 mark on Monday, while leapfrogging Chainlink LINK $22.69 24h volatility: 4.1% Market cap: $15.40 B Vol. 24h: $1.33 B and Cardano ADA $0.81 24h volatility: 2.0% Market cap: $29.44 B Vol. 24h: $1.67 B to become the thirteenth largest cryptocurrency by market capitalization. While Bitcoin‘s BTC $109 015 24h volatility: 0.1% Market cap: $2.17 T Vol. 24h: $39.32 B record-breaking rally to all-time high of $123,500 dominated newsreels, SUI has benefited from the resulting explosion in demand for DeFi services.

DefiLlama’s Total Value Locked (TVL) data which sums up all financial assets deposited on a blockchain network further affirms this stance. On July 14 SUI TVL stood at $1.6 billion. Since the current leg of the Bitcoin price rally began, SUI attracted another $600 million in deposits within the last ten days, as its TVL crossed the $2.2 billion mark for the first time since its launch in May 2023.

SUI Total Value Locked | Source: DeFillama

Typically, such an increase in TVL during a rally signifies SUI’s 35% price gains in the past week is firmly supported by fundamental demand for its core DeFi services. This may explain why SUI rose by another 9%, on Monday, while the majority of the top 10 ranked cryptocurrencies, like Solana SOL $199.6 24h volatility: 2.6% Market cap: $107.89 B Vol. 24h: $6.93 B , Ethereum ETH $4 342 24h volatility: 2.6% Market cap: $525.00 B Vol. 24h: $28.39 B all saw their respective intra-day gains subdued below the 3% mark.

SUI Price Prediction: Bulls Push Toward $4.30 as RSI Signals Overheating

SUI surged 10.44% on Sunday to $3.85, reclaiming the $3.45 resistance and marking its strongest daily close since mid-May. The SUI price rally coincides with a clean breakout above the upper Donchian Channel boundary ($4.03), where bulls faced a major supply cluster formed during last month’s peak.

The Relative Strength Index (RSI) now reads 71.24, firmly in overbought territory, indicating strong momentum but also a potential for short-term profit-taking.

As long as SUI holds above the lower boundary of the daily candle at $3.50, the next upside target lies at $4.29, a level last seen in late April. The daily candle’s strong body and rising volume validate the continuation bias. However, if bulls lose steam, initial support is expected near $3.30, where the Donchian midline aligns with past consolidation zones.

A daily close above $4.03 could accelerate the move towards $5 in the coming sessions.

Best Wallet Presale Gains Momentum as SUI Rally Sparks Infrastructure Demand

With SUI breaking above $3.45 and targeting $4.30, demand for supporting infrastructure tokens like Best Wallet ($BEST) is growing. The non-custodial wallet project that has raised over $13.8 million in its ongoing presale, giving users access to transaction fees, governance rights, and higher staking rewards.

Currently priced at $0.025 and a scheduled price increase looming, the Best Wallet token presale offers a timely opportunity for traders rotating profits from SUI’s rally.

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