Key Notes
- SUI became the thirteenth largest cryptocurrency by market cap, surpassing Chainlink and Cardano during its impressive weekly performance.
- The blockchain attracted $600 million in new deposits over ten days, demonstrating strong fundamental support beyond speculative trading activity.
- Technical analysis shows potential for further gains toward $4.30 target, though RSI indicates overbought conditions may trigger short-term corrections.
Sui
SUI
$3.85
24h volatility:
9.6%
Market cap:
$13.29 B
Vol. 24h:
$1.00 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
$15.87
24h volatility:
0.2%
Market cap:
$10.75 B
Vol. 24h:
$707.37 M
and Cardano
ADA
$0.74
24h volatility:
1.0%
Market cap:
$26.65 B
Vol. 24h:
$1.60 B
to become the thirteenth largest cryptocurrency by market capitalization. While Bitcoin‘s
BTC
$120 047
24h volatility:
0.9%
Market cap:
$2.39 T
Vol. 24h:
$67.78 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
$164.1
24h volatility:
0.6%
Market cap:
$88.00 B
Vol. 24h:
$14.43 B
, Ethereum
ETH
$3 008
24h volatility:
0.3%
Market cap:
$363.10 B
Vol. 24h:
$40.12 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.
What an amazing run by $SUI!
Clearly running harder than major alts, showcasing that the institutional demand is derriving the price!
Sui is the solana of this cycle, don’t forget!
Leading chain rn building towards consumer crypto! https://t.co/HT5qPA8NaT pic.twitter.com/5Of11UPkIV
— Momin (@mominsaqib) July 14, 2025
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.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
