Analyst Says SUI Price Could Be Heading To $9: 4 Reasons Why

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The SUI price has been a bit of a rollercoaster in 2025. Started with a bang, and now? Well, it’s kinda like the hype around a blockbuster movie that leaves you questioning your life choices. Back in January, the crypto world thought it had discovered the next Bitcoin, with SUI spiking to a shiny new high of $5.35. That was January 4th, by the way. How long ago does that feel now? Sigh.

But, dear reader, do not despair! SUI’s journey has been a sad, slow crawl since then-down more than 53% from that all-time high. Ouch. But wait, there’s hope! A popular analyst, Ali Martinez (yes, we know him too) is waving his magic wand on social media platform X and says SUI might be ready to shoot for the stars, or at least try to touch $9 in the near future.

SUI To Surge 260% If It Breaks Out Of This Pattern

In the wise words of crypto gurus everywhere: “If you believe, it can happen.” Okay, maybe that’s not quite what they say, but you get the idea. Martinez is aiming for a $9 target for SUI in the next few months, and he’s got four reasons to back it up. The first reason? The technical setup. Yeah, we know, sounds like a line from a bad spy movie, but stick with us.

SUI’s price is currently in a “symmetrical triangle” on a 2-day chart (don’t worry, that’s just a fancy way of saying it’s in a pattern of rising and falling lines). Imagine a funnel, slowly squeezing the price until it’s forced to make a decision: break out or break down. Good news is, symmetrical triangles usually like to break up-so Martinez is betting on a breakout and a glorious return to higher prices. If that happens, buckle up! A move to $9 would be a whopping 260% jump. Can you feel the excitement? Or is it just us?

Now, back to the SUI price, which sits at a humble $2.51 today. That means if this thing actually does go up to $9, well, that’s more than a little “happy dance” territory. You’ve been warned. It’s a wild ride, folks.

On-Chain Catalysts For SUI Price

But, let’s not just lean on wishful thinking here. Martinez isn’t pulling this out of thin air. He’s got some solid backing. First up, the on-chain activity is looking strong. Total Value Locked (TVL) on SUI recently hit a new all-time high of $2.6 billion. That’s some serious capital flowing in, folks-talk about showing the crypto world you mean business.

Next, the decentralized exchange (DEX) activity has been off the charts, hitting a record $20.33 billion in October. And no, this isn’t just some hype-induced spike. Martinez says it’s driven by actual network activity. Real transactions, not just random pump-and-dumps.

Lastly, the stablecoin market cap on SUI is booming at $1.15 billion. Stablecoins-yup, the ones that try to stay stable (ironic, right?)-are backing this growth, suggesting that there’s real demand for SUI, despite its recent price hiccups. All of this gives us something to think about as the price climbs to who-knows-where.

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2025-10-26 15:02