SUI Price Prediction: Up 74% This Week! Here’s Why AllinCrypto April 25, 2025
- Sui Network’s price rose 74% from $2.10 to $3.72 over 7 days following the wider crypto market recovery.
- Sui Network chart confirmed a falling wedge technical pattern.
- VanEck investment firm predicts SUI to reach $16 by the end of 2025.
Sui Network is a leading layer 1 blockchain network and smart contract platform powered by the SUI token.
Since its launch, Sui Network has made important partnerships with investment firm Franklin Templeton and Mastercard, solidifying its place in the crypto industry.
Over the last week, Sui Network surged 74% from lows of $2.10 to recent highs of $3.70, making up for lost gains during Trump’s global tariff enactments.
Current SUI Network Price Analysis
Sui Network’s native SUI token is up 74% over the last week, beginning its surge from lows of $2.11. The altcoin has led the market in recent days with the highest percentage gains.
With Bitcoin decoupling from the traditional stock market, there is now room for altcoins to follow in Bitcoin’s recent tracks and make strong price continuations of their own.
Why is Sui Network going up?
Why is Sui Network’s token going up? At Allincrypto, we identified multiple falling wedges across the cryptocurrency market for a variety of top altcoins, including SUI.
Since identifying the falling wedge pattern days ago, the wedge, with high volume, has broken out of resistance and entered a phase of continuation, which can be seen in recent price increases.
Sui Network Price Prediction
With SUI breaking out of resistance thanks to its falling wedge pattern, the token has the potential to make up for previously lost gains from January to April 2025, during Trump’s introduction of new economic policies.
If volume persists, we could see SUI flip its previous peak of $5.00 made in January. Of course, there could be minor pullbacks along the way.
What is the news behind this Pump?
The recent price surge comes at a time when Sui Network has secured new institutional partnerships with Mastercard and Franklin Templeton.
The Sui blockchain was chosen by Franklin Templeton for the tokenization efforts of money market funds. Greyscale Investments is home to the SUI Trust, while 21Shared has filed for an SUI ETF with the SEC.
What is next for Sui Network
In the near future, we may see Sui rival the decentralized ecosystems of Solana and Cardano as institutional backers race to SUI.
Global investment firm VanEck predicted Sui Network to continue growing throughout 2025, with a bold price prediction of $16 for the token by the end of 2025.
The post SUI Price Prediction: Up 74% This Week! Here’s Why first appeared on AllinCrypto.
