Sui SUI

What SUI actually is on-chain

For SUI the project publishes a whitepaper, a public source repository and an active account as @SuiNetwork. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where SUI sits in the market

At #30, Sui sits in the middle of the large-cap band. This is the part of the table capital rotates through first: when the leaders stall, money moves down into names like SUI, and when risk comes off it leaves here before it leaves the top ten. Spot spreads stay tight through both legs of that cycle; derivative funding does not, and perp basis is usually the earlier signal.

CryptoPingAi is currently streaming 6 live SUI order books (Binance, Gate.io, MEXC, HTX, Upbit, Bithumb). That is coverage in line with a #30 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

SUI against its all-time high

SUI is 83.2% off its $5.35 high (on 2025-01-04). At this depth the arithmetic turns against a recovery narrative: getting back to the record takes 5.94x, not a rebound. The high is better read as the marker of a completed cycle than as a target — most of the holders above spot are underwater by enough that their behaviour on the way up is supply, not demand. That high was set roughly 2 years ago, recently enough that it still anchors how most current holders frame the asset.

SUI across its historical range

The recorded range runs 14.7x, from $0.3648 to $5.35 — wide by the standards of traditional assets, moderate for this one's class.

SUI trades roughly 2.47x above its record low of $0.3648 (on 2023-10-19). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

SUI supply structure

SUI is capped at 10.00 billion SUI, of which only 4.01 billion is circulating — 40.1% issued, leaving 5.99 billion still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset SUI is

Sui is a base-layer network, so SUI is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Only 92 tracked tokens are tagged to its ecosystem, so this is not primarily an application platform. Assets like this are valued on the base network's own use — settlement, payments or monetary demand — rather than on app-layer activity, which makes the app-ecosystem metrics people quote for smart-contract chains largely irrelevant here. It is secured by proof of stake, so a portion of the supply is bonded to validators at any moment and the float genuinely available to trade is smaller than the circulating figure implies; unstaking queues, not order books, set how fast that can change.

CoinGecko files SUI under 10 categories, including Binance Launchpool, Layer 1 (L1), Sui Ecosystem, Coinbase Ventures Portfolio, Proof of Stake (PoS). Worth flagging from the metadata: SUI appears in the Andreessen Horowitz (a16z) portfolio, and is tracked in the GMCI Layer 1 Index.

How to set a Sui alert that is worth receiving

Sui (SUI) — quoted on 6 venues we stream — high dated 2025-01-04 — rank #30. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →