Sui Analysis: Market Outlook on July 11, 2025

Analysis of SUI’s trend on July 11, 2025: Can Sui reach $3.5?

On July 11, 2025, Sui (SUI), a layer-1 blockchain focused on scalability and DeFi, is capturing market attention due to recent advancements and growing institutional demand. The current price of Sui is approximately $3.33, reflecting a 1.4% increase over the past 24 hours, with a daily high of $3.35. This growth aligns with a powerful crypto market rally, driven by Bitcoin’s surge to $118,000. Technical analysis indicates Sui is in a strong uptrend. The 4-hour charts show a bullish pattern, with the price rebounding from a local low of $2.78 and breaking the $3.20 resistance. The RSI, hovering around 70, suggests strong buying pressure but is nearing overbought territory. Key resistance lies between $3.35 and $3.5, while support levels at $2.90 and $2.78 could prevent further declines. Daily trading volume has exceeded $400 million, reflecting heightened trader interest. Recent news highlights the integration of tBTC into the Sui network, unlocking over $500 million in Bitcoin liquidity. This integration enables more efficient participation in DeFi protocols like Bluefin and AlphaFi, making Sui the first non-EVM blockchain to support direct tBTC minting. This has increased Sui’s appeal to Bitcoin holders. Additionally, speculation surrounding a potential Sui ETF by 21Shares, filed with the SEC in May 2025, has fueled market optimism. An initial decision is expected by the end of July. From an ecosystem perspective, Sui has seen a 54% increase in developer activity over the past two years, positioning it among the top five most actively developed blockchains, with over 325 full-time developers. The total value locked (TVL) in Sui’s DeFi protocols has risen to $1.83 billion, signaling growing adoption as a serious competitor to Solana. However, some analysts caution that failure to break the $3.5 resistance could trigger a corrective wave toward $2.90. For investors, a prudent strategy might involve waiting for a breakout above $3.5 or buying near support levels. In the long term, Sui has the potential to reach $7 or higher by the end of 2025, particularly if the ETF is approved and DeFi liquidity grows. Traders should remain cautious, as macroeconomic factors like interest rate changes could impact the market. Ultimately, Sui is in a strong position. A combination of technical analysis, ecosystem growth, and institutional news paints a positive outlook for the cryptocurrency, though traders must be prepared for potential volatility.