Current SUI Price Overview
Price: $2.92
24h Change: -$0.1009 (-3.45%)
24h Range: $2.89–$3.08
👉 Track SUI price in real-time
Latest Market Developments
1. Cetus Protocol Recovery Plan Finalized
Sui validators voted to return $162M frozen assets from the Cetus exploit, combining recovered funds, cash reserves, and a $300M USDC loan to replenish liquidity pools.
2. Nasdaq Files SUI ETF Application
21Shares' spot Sui ETF proposal entered SEC review after Nasdaq submitted the filing, potentially becoming the first regulated SUI investment vehicle.
3. Governance Vote for Full User Restoration
A community-approved vote enables Cetus to recover stolen funds through a comprehensive reboot plan, aiming for 100% user fund recovery.
4. DEX Vulnerability Contained
The Cetus DEX team classified the $200M incident as a "bug" rather than an exploit, though blockchain data showed rapid asset drainage before mitigation.
SUI Key Metrics
| Category | Value |
|---|---|
| Market Cap | $8.801B |
| 24h Trading Volume | $845M |
| Circulating Supply | 3.009B SUI |
| Total Supply | 10B SUI |
| YTD Return | -29.71% |
| All-Time High | $5.38 |
52-Week Price Range:
$0.462 – $5.38
Price Predictions & Analysis
With Bitcoin reaching new highs, analysts anticipate potential upside for major altcoins like SUI if market momentum sustains. Technical indicators suggest:
- Support Level: $2.80
- Resistance Level: $3.20
- Moving Averages: 50-day MA at $2.95
FAQ
Q: Is SUI a good investment in 2024?
A: While SUI shows strong blockchain utility, its -29.71% YTD performance indicates volatility. Diversify portfolios and research project fundamentals.
Q: How does the Cetus exploit affect SUI's price?
A: Immediate downward pressure occurred, but price stabilized after the $162M recovery plan announcement.
Q: When will the SUI ETF launch?
A: SEC review typically takes 3-6 months. Approval isn't guaranteed but would significantly boost institutional adoption.
Q: What's SUI's maximum supply?
A: Capped at 10 billion tokens, with ~30% currently circulating.
Q: Where can I stake SUI?
A: Native staking via Sui Wallet or through supported exchanges offering ~7-10% APY.
SUI Price Calculator Tool
Convert between SUI and USD/fiat currencies using real-time exchange rates. Example:
100 SUI = $292 (at $2.92/SUI)
Data updated automatically every 60 seconds.