Sui is standing at a critical turning point. After weeks of market turbulence, the Layer-1 blockchain project finds itself defending a crucial support level near $2.28 — a zone that could define its trajectory for the months ahead. While short-term volatility is dominating crypto markets, analysts suggest that what happens at this level could determine whether Sui rebounds toward $4 or revisits lower levels first.
The timing is key. A $103 million SUI token unlock scheduled for November 1 is adding uncertainty to the mix, as investors brace for potential selling pressure. However, despite the risks, sentiment among long-term holders remains cautiously optimistic, backed by strong network fundamentals and rising developer activity.
Sui’s $2.28 Support Level Becomes the Line in the Sand
As of early November, Sui trades around $2.31 — down roughly 7% in 24 hours and 15% over the week. Despite the pullback, traders are watching how the token behaves near $2.28. This level has acted as a significant technical floor multiple times, and holding it could indicate that buyers are defending the price aggressively.
Market analyst CryptoPatel describes the $2–$1.60 range as an “ideal accumulation zone” for long-term investors. He believes this phase might resemble a quiet consolidation before a major upward move. In his view, if the $2.28 zone holds through the upcoming token unlock, it could pave the way for a rebound toward $3 in the short term and potentially $4 later this year.
“The market is testing conviction right now,” one trader commented on X. “As long as Sui holds above $2.20, the structure remains intact for another move higher.”
$103M Token Unlock Adds Short-Term Volatility
On November 1, about $103 million worth of SUI tokens will be released into circulation. Token unlocks often bring uncertainty, as increased supply can trigger selling pressure — especially if market demand weakens. In this case, traders are divided.
Some see the event as a short-term headwind, while others view it as a necessary liquidity reset that could attract new participants once volatility settles. Historically, Sui has weathered unlock events without catastrophic declines, but this one is larger and comes at a sensitive technical juncture.
“If the $2.28 support survives the unlock, it will reinforce market confidence,” noted an analyst from DeFi Research Hub. “A break below, however, could open the door to a retest of $1.80 or lower.”
How the market absorbs this supply influx will be a strong signal of investor conviction going into 2026. If demand remains steady, the token’s ability to maintain its floor could act as a launchpad for the next leg upward.
Technical Indicators Show Signs of Exhaustion
From a technical perspective, Sui’s price chart suggests that sellers may be losing steam. The Relative Strength Index (RSI) is approaching oversold levels near 35, which often signals that bearish momentum is fading. Meanwhile, the 200-day moving average continues to slope downward — a reminder that the broader trend is still fragile — but several shorter-term indicators show potential for a relief rally.
If the token manages to hold the $2.28 area, analysts expect a potential move toward the $3 resistance zone. A clean breakout above that could open the path to $4, followed by $5 as the next major target.
Crypto analyst @x0mario recently projected that Sui could reclaim $4 by the end of 2025, citing growing developer traction and improving network metrics. He also noted that a long-term rally toward $10 or higher by 2026 isn’t unrealistic, assuming global liquidity conditions remain favorable.
Ecosystem Growth and Developer Activity Support Long-Term Outlook
Despite short-term volatility, Sui’s ecosystem continues to show healthy expansion. Total value locked (TVL) in decentralized applications built on Sui has been gradually increasing, and developer engagement remains strong.
Projects focusing on gaming, NFTs, and decentralized finance (DeFi) continue to migrate to Sui, attracted by its high throughput and low transaction costs. This steady growth provides fundamental backing for the bullish long-term Sui price prediction, as demand for the token’s utility within the network increases over time.
Institutional interest is also beginning to pick up, with some early-stage funds viewing Sui as one of the more promising Ethereum competitors heading into 2026. If the project maintains its momentum and continues to onboard developers, analysts say its valuation could multiply in the next market cycle.
Sui Price Prediction 2025–2026: Recovery or Risk?
Forecasts for Sui’s long-term price vary, but most analysts agree on one thing — the next few months are crucial. If the $2.28 support level holds and the token unlock doesn’t overwhelm demand, Sui could climb steadily toward $4 in 2025.
Optimistic projections place its average price between $7 and $9 by 2026, with potential highs around $10.83 if market sentiment and macro conditions improve. However, a decisive breakdown below support could send Sui into a new accumulation phase closer to $1.80 or even $1.50, delaying recovery until later in the decade.
The outcome largely depends on how investors respond to this phase of consolidation. For now, all eyes are on the $2.28 line — a small number that carries big implications for Sui’s next chapter.
Post Views: 95
