Sui on June 5, 2025: Market Analysis and Growth Potential

Analysis of SUI’s trend on June 5, 2025, focusing on hack recovery, ETF prospects, and DeFi activity.

On June 5, 2025, Sui (SUI) is drawing attention amid crypto market volatility and selling pressure following the recent Cetus protocol hack. The price is currently trading between $3.10 and $3.16, reflecting a 2.77% decline over the past 24 hours, driven by a broader 3% drop in the crypto market cap to $3.41 trillion and concerns over the hack. A key development is the recovery of $160 million in stolen assets from the Cetus hack, secured in a multisignature wallet by Sui validators. This action has bolstered investor confidence and demonstrates the Sui community’s swift response to security issues. Additionally, the total value locked (TVL) in Sui’s DeFi ecosystem remains robust at around $1.76 billion, signaling network resilience. From a technical perspective, SUI is consolidating between $3.10 and $3.15 on the daily timeframe. The RSI, around 45, indicates neutral-to-bearish momentum. Key support lies at $3.10, with major resistance at $3.50. Failure to break $3.50 could lead to a decline toward $2.90. Speculation around a potential Sui ETF, with a filing by 21Shares, continues to fuel optimism for institutional capital inflows. However, a scheduled token unlock worth $320 million by the end of 2025, including a $206 million unlock in June, could increase selling pressure. Macroeconomic factors, such as Federal Reserve interest rate policies and global trade tensions, continue to impact the market. Lower interest rates could drive capital toward cryptocurrencies, but stricter regulations or ETF approval delays may create downward pressure. In the long term, Sui’s focus on DeFi and regional partnerships, such as with Dubai’s Virtual Assets Regulatory Authority, positions it for significant growth. Investors should remain cautious and employ risk management strategies to navigate market volatility.