Can Sui (SUI) Reach $10? (Surprising Answer)

What Is Sui? 

Sui is a smart contract blockchain launched in 2023 designed to solve two issues associated with other blockchains: slow speeds and difficult to use interfaces. 

Traditional smart contract blockchains like Ethereum process transactions one-by-one in individual blocks. Meanwhile, Sui processes transactions in parallel, enabling faster speeds and lower fees. This makes Sui ideal for applications like cryptocurrency games and high-speed trading. 

Sui also offers features that make the cryptocurrency ecosystem more beginner-friendly than ever. Sui recently introduced Passkey authentication, which allows users to log in with Face ID and Touch ID. 

Sui is gaining traction with everyday users and institutions. Recently, Syngum introduced regulated custody, staking, and lending products for SUI. Meanwhile, daily decentralized exchange volume on Sui hit a record of over $300 million. 

Can Sui really reach $10? 

SUI trades over $3 with about 3.51 billion tokens in circulation. This implies a current market cap around $11 billion. 

A $10 valuation would raise the market cap to approximately $35 billion, a 3× increase!  

Let’s compare that to the market caps of some popular cryptocurrencies: 

• Bitcoin: ≈ $2.3 trillion
• Ethereum: ≈ $500 billion
• Total crypto market: ≈ $4 trillion
• Sui (today): ≈ $12 billion
  

A 3x surge in Sui’s price is well within the realm of possibility, and would still place it below cryptocurrencies like Bitcoin and Ethereum. However, this type of surge in price would likely require a major surge in demand and institutional adoption. 

Why is Sui’s price moving? 

• DeFi activity: Sui’s DeFi activity has soared in recent years. In Q1 2025, DEX volume rose to $304 million, a 14.6% increase quarter-over-quarter.
• Institutional infrastructure: Sygnum now enables regulated custody, trading, staking, and SUI-backed loans, giving institutional players secure access to the network.
• Improved onboarding experience: Sui makes it easy for new users to start using decentralized apps. Sui allows apps to offer ‘sponsorship login’, allowing them to pay new users’ gas fees.  Approximately 23% of transactions in Q1 2025 were sponsored!
• Deflationary token dynamics: SUI has token-burning mechanisms in place, which might reduce total supply and lead to price growth! 
• Crypto-friendly policies: The price of most major cryptocurrencies have gone up in response to the Trump Administration's crypto-friendly policies.

What’s stopping Sui from reaching $10? 

SUI peaked at about $5.35 in early 2025, but hasn’t yet returned to that level. Here are a few reasons why: 

• As a recently released blockchain, Sui must still compete with Ethereum, Solana, and other blockchains with established presence and developer communities. 
• Some investors worry that Sui is too heavily backed by venture capitalists, who may hype up the project and sell their tokens!

Is SUI a good investment? 

Pros: 

• Fast transaction speeds and low fees.
• Easy onboarding experience for new users 
• Institutional support via regulated banking bridges
  
  

Cons: 

• Reliance on DeFi growth and institutional adoption 
• Heavy venture capital ownership, may not be a good choice for investors who value decentralization 
• Sui ecosystem is still undeveloped compared to smart contract leaders.

Should I invest in Sui?

SUI may appeal to investors who value beginner-friendly features and potential institutional adoption. However, if you value decentralization and are looking for a more established blockchain, you may want to consider investing in cryptocurrencies like Ethereum and Solana.

Conclusion

If Sui continues to attract new users through DeFi growth, institutional engagement, and user-friendly innovation, $10 is within reach.