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SUI

TradeCityPro | Deep Search: In-Depth Of SUI👋 Welcome to TradeCityPro! In this analysis, I want to perform a Deepsearch on the SUI coin and let's dive into this project and examine all its details. 📣Introduction: ▪️Sui is a Layer 1 decentralized smart contract platform optimized for low-latency asset management. It is designed to offer high-speed transactions, scalability, and security while leveraging the Move programming language to define assets as objects. This unique model enables faster execution, parallel processing, and improved efficiency compared to traditional blockchain architectures. 🗝 Key Features of Sui: ▪️Object-Centric Model: Unlike account-based blockchains, Sui defines assets as objects, allowing for more efficient transactions and asset management. Move Programming Language: This secure and flexible language ensures customizable rules for asset creation, transfer, and mutation. ▪️Optimized Consensus Mechanism: Sui uses Byzantine Consistent Broadcast for most transactions, reducing the reliance on Byzantine Agreement, leading to lower latency and better scalability. ▪️Parallel Execution: Smart contract execution is naturally parallelized, allowing the system to process multiple transactions simultaneously, unlike traditional blockchains that rely on sequential processing. ▪️Trust-Minimized Bridges: Sui supports trust-minimized cross-chain interactions, enhancing interoperability with other blockchain ecosystems. ▪️Governance & Checkpointing: These operations are conducted off the critical latency path, further improving efficiency. Sui Blockchain Ecosystem Validators & Full Nodes: Sui relies on a decentralized set of validators for transaction verification and Full Nodes for auditing and data integrity. ▪️Mainnet & Network Architecture: Since its Mainnet launch in May 2023, Sui has seen rapid growth, supporting an expanding ecosystem of developers, decentralized applications (dApps), and enterprises. Tokenomics: The native token SUI is used for staking, transaction fees, governance, and economic incentives within the network. ⁉️Why Sui Matters⁉️ ▪️Sui is not just another blockchain—it is a highly scalable, developer-friendly, and efficient platform designed to support billions of users. Its horizontal scaling approach, coupled with its innovative transaction processing, makes it a strong contender in the evolving blockchain landscape. With enhanced speed, security, and interoperability, Sui aims to redefine the future of decentralized applications and Web3. 💵 Funding raising : $85.67 M (some of Investors : YZI Labs (Prev.Binance Labs), SamsungNext, Kucoin, Coinbase Venture ✅Certik Score: 87.42 📌SUI Contract: 0x2::sui::SUI 🔓Major Upcoming Token Unlocks : 01 May 2025 (1.07% Max supply) 📊Sui Token Sale & Economics: ▪️Total Supply: 10 billion SUI tokens ▪️Initial Circulating Supply: 500 million SUI ▪️Token Sale Price (Public Sale): 0.1 USDT per SUI ▪️Spotlight Allocation: 225 million SUI ▪️Spotlight Hard Cap: $22.5 million ▪️Individual Allocation Limit: 10,000 SUI (1,000 USDT per person) ▪️Supported Purchase Token: USDT ▪️Token Distribution: April 24 - April 26, 2023 ▪️Vesting Schedule: 1/13 unlocked at Token Generation Event (TGE). After 30 days, an additional 1/13 is released monthly until full distribution within 12 months. 👁‍🗨 SUI Token Utility & Role in the Ecosystem: ▪️SUI is the native token of the Sui blockchain, serving as both a utility and governance asset within the network. Its primary functions include: 1️⃣ Proof-of-Stake (PoS) Participation: ▫️Sui operates on a delegated proof-of-stake mechanism. ▫️Validators are selected and rewarded based on staked SUI tokens. ▫️Token holders can delegate SUI to validators for staking rewards. 2️⃣Gas Fee Payments: ▫️SUI is used to pay gas fees for executing smart contracts, transactions, and on-chain storage. 3️⃣ Ecosystem Utility & Liquidity: ▫️SUI powers various decentralized applications (dApps) on the Sui network. ▫️It is used in decentralized exchanges (DEXs), lending/borrowing platforms, gaming applications, and NFT marketplaces. 4️⃣ Governance & Decision-Making: ▫️SUI holders will participate in governance, influencing protocol upgrades, economic changes, and ecosystem decisions through on-chain voting. 5️⃣ Sui Storage Fund: ▫️Long-term sustainability is ensured through a storage fund that compensates future validators for maintaining on-chain data storage. ▫️This fund allows users to store data indefinitely, securing the blockchain's long-term viability. 👤Sui Founding Team: ▪️Evan Cheng – Co-Founder & CEO: Over 24 years of experience in platform development. Led developer-facing technology teams at Apple and Facebook (Meta). Focuses on scalability, infrastructure, and blockchain adoption. ▪️Sam Blackshear – Co-Founder & CTO: Creator of the Move programming language, used for smart contracts on Sui. Expert in programming language design, program verification, and developer tools. ▪️Adeniyi Abiodun – Co-Founder & CPO: Led engineering and product teams at Oracle, VMware, and Facebook. Over 10 years of experience in blockchain product development. ▪️George Danezis – Co-Founder & Chief Scientist: Professor of Security and Privacy Engineering at University College London (UCL). Specializes in peer-to-peer system security and privacy with 20+ years of experience. ▪️Kostas Chalkias – Co-Founder & Chief Cryptographer: Lead cryptographer with over a decade of experience in major tech firms like Meta and R3. Focuses on cryptographic security and privacy solutions for blockchain networks. 📉SUI's TVL: ▪️From January 1, 2025, to February 2, 2025, the Total Value Locked (TVL) in Sui increased from 398.48M SUI to 436.53M SUI. This represents a growth trend in TVL, indicating an increase in asset deposits and user engagement in Sui's DeFi ecosystem during this period. 📈Bridged TVL Trend in Sui: ▪️From January 2025 to February 2025, the Bridged Total Value Locked (TVL) in Sui increased from 1.28B SUI to 1.55B SUI. This significant growth suggests a higher inflow of assets from external blockchain networks into the Sui ecosystem, highlighting rising cross-chain activity and increased user trust in Sui's DeFi protocols. 💡What is Bridged TVL? ▪️Bridged TVL refers to the total value of assets transferred from other blockchains to Sui via cross-chain bridges. These bridges enable users to move assets like stablecoins, native tokens, or wrapped assets between Sui and other Layer 1 or Layer 2 networks 👝Some of SUI wallets: ▪️Sui Wallet ▪️Surf Wallet ▪️Suiet ▪️Ethos Wallet ▪️Nightly ◽️Sui Liquidity Pools: ▪️Suiscan ▪️Bluemove ▪️Cetus (This platform has DCA) ▪️Suiswap ▪️Bluefin ▪️Turbos ▪️Kriya ▪️Flameswap 📌Sui Staking: ▪️Sui wallet ▪️Suiscan ▪️Daic Some top projects in the Sui community in 2024: ▪️Walrus: Walrus is a decentralized storage protocol built on the Sui blockchain, designed to efficiently handle large binary files, such as videos and images. It employs advanced erasure coding techniques to ensure high availability and robustness, allowing data recovery even if up to two-thirds of storage nodes fail or become compromised. ▪️Sui Name Service: SuiNS is a naming service on the Sui blockchain that allows users to have unique identifiers such as alice.sui linked to their Sui accounts, simplifying transactions and enhancing user experience. SuiNS names are stored as NFTs in users' wallets, ensuring permanent ownership and high security ▪️Deepbook: Sui's first native liquidity layer, DeepBook, launched in 2023 as a means of supporting the DeFi ecosystem. ▪️Navi: One of Sui's early DeFi protocols, Navi combines a decentralized exchange (DEX) aggregator with liquid staking and lending. Boasting total value locked (TVL) of $714 million and over 800,000 users, NAVI continually innovates, deploying new features to maximize its user potential. ▪️Aftermath Finance: DeFi protocol Aftermath serves as a meta-aggregator for swaps on Sui. When users enter a swap, its technology analyzes the rates offered by other aggregators then finds a route to achieve the best result. 🔗Sui On-Chain Activity ▪️By analyzing Sui addresses over the past 7 days, we observe an increase in the number of active addresses, particularly new addresses (those conducting transactions for the first time). This indicates a relative improvement in on-chain activity and reflects growing interest in the Sui blockchain. ▪️Additionally, the number of transactions has experienced a slight increase, further supporting the trend of rising engagement with the network. 🐳 Top Accounts by SUI: 1️⃣60.1M SUI ($218.17M): 0x15610fa7ee546b96cb580be4060fae1c4bb15eca87f9a0aa931512bad445fc76 2️⃣ 53.37M SUI ($193.72M): 0x7ab9a6a7109dcb9cb357a109f32dfcc78a7aa2d6029084eb924d95133fc71cec 3️⃣ 21.63M SUI ($78.53M): 0x5fdfcc18e0791862c107c49ea13a5bcf4965f00ac057f56ea04034ebb5ea45ad 4️⃣ 20.56M SUI ($74.82M): 0xb4f42571101827758f55a9b998a1251892402fbd4dce90da3373625298091627 5️⃣ 16.46M SUI ($59.92M): 0xac989493a6c203244705bcb62123b96df4e5d79cf29fa9b1277dc0f1751a7539 6️⃣ 15.15M SUI ($55.14M): 0x6605abfdbfbf98c09c7bc072abb0781103231a2a8dff28c33a5faaed5aaf081e 7️⃣ 14.84M SUI ( GETTEX:54M ): 0xcd57cb92c4380df9284d730bc7fa8810ddb784045b91299c3ae59556ed38374c Over the past week, Sui (SUI) has experienced notable activity among large investors, commonly referred to as "whales." On January 28, 2025, reports indicated that SUI's price had declined by 25% over five days, reaching a demand zone around $3.50. Despite this downturn, there was a significant surge in trading volume, increasing by 185% to $1.7 billion. This uptick in volume was attributed to heightened whale activity, as large investors capitalized on the lower prices to accumulate SUI tokens.Earlier in the week, on January 21, 2025, it was observed that crypto whales were actively purchasing discounted tokens, leading to increased on-chain activity across emerging projects, including Sui. This behavior contributed to a substantial rise in both market capitalization and user adoption for SUI. The activity of whales continues amid the price decline, with the majority of selling pressure coming from retail traders and weaker hands. ✨ Let's move on to the technical analysis of this coin to see how it has been able to move technically. 📅 Weekly Timeframe: In the weekly timeframe, we are observing an ascending trend that started from the low of 0.3938 and reached 1.7504 in its first leg. However, it then underwent a significant correction down to the support level of 0.5737. In its second ascending leg, the price rebounded from 0.5737 and, with the breaking of the 50 level on the RSI, entered a strong upward momentum, taking it back to its previous ATH at 1.7504. But the journey for SUI did not stop there; after breaking and retesting 1.7504, the price continued with high momentum and reached a target of $5.2 as the RSI entered Overbuy territory. The volume has well supported the price along this path, showing alignment with the upward trend. Currently, it seems that the price is in a corrective phase and has corrected to the 0.236 Fibonacci level. To better see this correction, it would be better to move to lower timeframes, but other significant levels can still include the 0.382 and 0.618 Fibonacci levels. Additionally, the dynamic support of SMA25 seems promising as a strong potential support area. Since the price broke this average in 2024, it has consistently remained above this level, potentially acting as a strong area during pullbacks. For purchasing SUI, if it breaks $5.2003, you might consider entering a buy position or buying on spot. As for targets, it is currently difficult to determine from Fibonacci levels until we see where the correction concludes. ⏳ Daily Timeframe: In the daily timeframe, we can see more details about the price's corrective movement. As mentioned, the price showed significant trend weakness towards the end of its upward trajectory, with volume decreasing and RSI divergence, and managed to climb to the area of 5.2882 with the help of an upward trend line. Currently, the price has broken this trend line and even settled below the 4.0846 area, retesting it. The SMA99 has also been broken after a long time, and the price is closing below the 3.6413 area. Should the price break through 3.6413 and consolidate below this area, we could see a correction extending to the Fibonacci range between 0.5 and 0.618, which is a very strong demand zone and could form the next price floor. If this level breaks, the main support will be at 1.7504. An important note on this downward movement is that volume is still declining overall, and typically, green candles have outnumbered red ones, suggesting buyers are still present in the market. Thus, if the price reconsolidates above the 4.0846 area and this downward move is deemed a fakeout, breaking the downward trend line could be a good trigger for entering a long position or even buying on spot. The target for this position isn't very large and would be the ceiling of the box. The main trigger for a long would be the break of 1.2502, which is an excellent trigger and could potentially start a new upward leg if the price can establish above this area. 👑 SUI/BTC Pair This chart is undergoing a similar correction phase, showing a steeper decline after breaking its bullish trendline. The next significant level to watch is 0.00003420; breaking below could lead to a drop towards 0.00002516, with RSI entering the oversold region aiding the downward movement. Conversely, a break above 0.00004002 would confirm a bullish reversal, especially if it coincides with a break above $4.0846 in the USDT pair, opening up an excellent long position opportunity. The primary resistance on this chart is currently at 0.00005439. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
34
SUI is Setting Up for a Massive Rally!SUI is currently in a retracement phase, but the BUY ZONE around $2.59 is where the real opportunity lies! 📈 This area aligns perfectly with strong support levels, making it an ideal accumulation zone before the next explosive move. Once SUI bounces from this level, we could see a parabolic move toward $7.76+, representing a massive upside potential! 💰 The structure suggests a strong uptrend continuation, with bullish momentum ready to take over. 👀 Smart money is watching—are you? Don't miss out on this breakout! 🚀🔥 #SUI #Crypto #Bullish #Altcoins
Long
by aminsmithfx
SUI 10% PUMP OR 16% DUMP INCOMING#SUI needs to flip last weeks value area low into support $4.18, then I would expect a 10% rise to the value area high. If we get rejected here, a 16% drop to support is likely. #Crypto #Blockchain #Altcoin Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
SUI/USDT 1H: Bulls in Control – Targeting $4.70 Next!SUI/USDT 1H Chart Analysis 🚀 Follow me on TradingView if you respect our charts 📈 Current Market Structure: Bullish trend confirmed after breaking $4.14 resistance. RSI: 61, showing strength but not overbought yet. Momentum: Strong breakout from previous range, confirming continuation. Trade Setup (Confidence 8/10): Entry: $4.14 - $4.15 (on retest). Targets: T1: $4.35 T2: $4.50 T3: $4.70 (previous swing high). Stop Loss: $3.95 (below recent swing low). Risk Score: 7/10 (moderate risk ) Smart Money Analysis: Accumulation phase complete between $3.60 - $3.80. Institutional buying pressure visible in volume profile. No significant bearish divergences present. Market Makers likely targeting liquidity around $4.70 - $4.80. Key Levels: Support: $4.14, $3.95, $3.80. Resistance: $4.35, $4.50, $4.70. Recommendation: Long positions favorable within the $4.14 - $4.15 range. Monitor volume confirmation for continued bullish momentum. Maintain tight stops below $3.95 to limit downside risk. Confidence Level: 8/10 for bullish continuation. 🚀 Follow me on TradingView if you respect our charts! 📈
Long
by Cryptokijker
SUIUSD: rally to $11 has just started.SUI turned neutral again on its 1D technical outlook (RSI = 46.494, MACD = -0.196, ADX = 48.385) as its 6 month Channel Up has hit its bottom and is rebounding. We are still under the 1D MA50 and that's why the outlook is still neutral but the 1D RSI crossed over its MA trendline, which was what confirmed the start of the bullish waves on October 29th 2024 and September 6th 2024. The rallies that followed have been identical, so we're bullish and anticipate an equivalent increase of +220% (TP = 11.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SUIUSDLong
by InvestingScope
5
SUIUSDT retest on crucial support!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse SUIUSDT both fundamentally and technically. FUNDAMENTAL ANALYSIS: SUI is a promising blockchain platform developed by Mysten Labs. Known for its high throughput, scalability, and focus on developer experience, SUI aims to provide a robust infrastructure for decentralized applications. Key features of SUI include: High Performance: Handles a large number of transactions per second. Smart Contracts: Supports self-executing contracts for building dApps. Developer-Friendly: Offers a user-friendly environment for developers. Security and Efficiency: Prioritizes security and efficient transaction processing. SUI's innovative approach could position it as a leading player in the blockchain space. TECHNICAL ANALYSIS: SUI has seen a huge price increase, rallying by about 120% after it broke through the $2.34 resistance level. It's now testing this previous resistance as a new support level, which is further strengthened by the 50-day EMA on the 3-day chart. Buying Levels: $3.7 to $3.3 $2.3 to $2.1 Target Levels: $5.18 $7.01 $11.09 $14.5 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
Long
by persis10t
SUIUSDT: Is This the Start of a Major Breakout?Yello, Paradisers! Is #SUIUSDT gearing up for a massive rally, or are we looking at a classic fakeout before another leg down? Let’s break it down. 💎#SUI has been proving itself as one of the strongest altcoins lately, bouncing back aggressively after a deviation below key support. Right now, the price is on the verge of reclaiming this level, and if bulls manage to turn it back into solid support, we could see a strong continuation to the upside. 💎The first key target for bulls sits at $4.35, a moderate resistance level that will serve as the initial test of SUI’s strength. If buyers manage to push the price above this region with strong momentum and sustained volume, it would signal increasing bullish control and open the door toward a much higher level. 💎This descending resistance zone, located between $4.70 - $4.85, is where things get serious. This area has historically acted as a supply zone, meaning sellers could step in aggressively to defend it. For SUI to push significantly higher, bulls must break through this region with conviction—ideally with a strong daily close above it and rising volume to confirm the breakout. 💎If buyers succeed in flipping this zone into support, we could see a retest of SUI’s 52-week highs at $5.25 - $5.40. However, this level is not just another resistance—it’s a strong resistance zone where large players may look to take profits, leading to sharp rejections or increased volatility. 💎On the downside, SUI is currently trying to flip the $4.05 - $3.95 region into a firm support base. The longer bulls can hold above this level, the stronger the momentum for a move higher. If selling pressure kicks in, there’s another strong support zone at $3.70 - $3.60, which could act as a key defense against deeper pullbacks. Paradisers, as always, patience and discipline are key here. The market is setting up for a major move, but only those who stick to solid trading strategies will capitalize on it. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
Long I use two time frames and momentum indicators to identify the timing of the entry. Daily stochastic had reset and started to move to the upside. Stochastic in the higher time frame is a signal for me it is time to start looking for an entry in a direction of the indicator in the lower time frame. I use MACD in the lower time frame. 4H MACD have crossed, is sloping upwards and now entering the bull zone. It is a good place for me to enter long. I don’t trade with leverage. I buy spot. The way I take profit is when 4H/Daily MACD or RSI is going to form a clear negative divergence.
Long
by EbonyFalcon
SUI: Further DownSui has sold off sharply in recent days, losing around 35% of its value since the top of the turquoise wave B at the resistance near $5.36. In the short term, this decline should continue until the price reaches the anticipated low of the magenta corrective wave (4) within the same-colored Target Zone between $3.23 and $2.70. From there, we expect an impulsive rise with the magenta wave (5), allowing Sui to break well above the $5.36 resistance and establish the high of the larger green wave . A premature breakout beyond $5.36 has a 30% probability according to our primary scenario.
BINANCE:SUIUSD
by MarketIntel
SUI/USDT 1H: Bears in Control, Eyes on $3.50 Reversal Zone !SUI/USDT 1H Chart Analysis (Smart Money Concepts) 🚀 Follow me on Tradingview if you respect our charts 📈 Current Market Structure: Bearish momentum after breaking support at $4.20. RSI: Bearish divergence at the recent high of $4.00, signaling potential continuation of the downtrend. Key Levels: Resistance: $4.20 (previous support turned resistance). Support: $3.50-$3.60 (discount zone). Current Price: $3.87 Trade Setup (Confidence Level: 6/10): No entry recommended at current levels due to: Bearish momentum dominance. Lack of a clear accumulation pattern. Risk Score: 7/10 (high-risk environment). Recommendation: Wait for one of two scenarios: Reversal confirmation near $3.50-$3.60 support. Break and retest of $4.20 resistance with bullish momentum. Market Maker Analysis: Distribution phase likely still ongoing. Market makers appear to be targeting the discount zone ($3.50-$3.60) for potential accumulation before a reversal. Observation: Current price action suggests caution; stay patient for stronger confirmation of reversal or trend change. 🚀 Follow me on Tradingview if you respect our charts 📈
by Cryptokijker
4
SUI/USDT 1D Interval Chart ReviewHello everyone, let's look at the 1D SUI to USDT chart, as we can see the price was moving in the local uptrend channel from which we saw a breakout at the bottom, what's more we can define here the local downtrend line in orange color under which the price is currently holding. The current price decline stopped evenly at a strong support at $ 3.49, however, if the support is broken further we can see the price falling to around $ 3.04, and then it can quickly fall to around $ 2.41. Looking the other way we can see that when the trend reverses we have to face the resistance at $ 3.93, then the important level is $ 4.21, which the price must overcome, then it will be able to move further towards the resistances at $ 4.66, and then $ 4.97. Taking into account the STOCH indicator, we can see how we have gone below the lower limit, which is currently confirmed by a slight price rebound, but here we can see that there is a lot of room for potential new increases after the end of the current correction.
by cryptodailyuk
Skyrexio | SUI Is In Huge Trouble, Be CarefulHello, Skyrexians! The best crypto of 2024 is BINANCE:SUIUSDT , while other altcoins dumped significantly this asset set the ATH every day. This growth caused a lot of optimism and not SUI almost doesn't have haters. It means that price action needs to be cooled off and we will explain you why. On the daily time frame you can see the entire impulse which consists of 5 waves. This is the complete impulse because of divergence on the Awesome oscillator. This is extremely bearish sign especially in conjunction with the Bullish/Bearish Reversal Bar Indicator which has already printed two red dots. You can check its accuracy before. For example it catches perfectly the bottoms of waves 2 and 4. These red dots does not mean that we will see the bear market, but major correction is in progress. The logical target is 0.61 Fibonacci at $1.35. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Short
by Skyrexio
3