SUI Price Analysis: $24 Target Amid $140M Monthly Token Unlocks

Key Takeaways

• Monthly SUI token unlocks add $140M supply pressure (44M tokens released regularly)
• Only 33.87% of total SUI supply currently circulating
• Technical analysts project $16-$28 price targets with $24 as key Fibonacci level
• Strong $724M daily trading volume indicates sustained market interest

Market Dynamics of SUI Token

The SUI cryptocurrency presents a compelling case study of conflicting market forces, where bullish technical patterns intersect with substantial token unlock events. Currently trading at $3.25 with $724M daily volume, SUI shows resilience despite recent volatility.

👉 Why SUI's tokenomics matter for long-term investors

Supply Pressure from Scheduled Unlocks

1. Monthly Unlock Mechanics:

   • 44M SUI tokens ($143M value) released monthly
   • Represents 1.32% of circulating supply
   • 66.13% of total supply remains locked with early investors

2. Impact on Price Action:

   • Creates consistent selling pressure
   • Potential buying opportunities during corrections
   • Analyst Crypto Patel suggests $2.80 as strategic entry point

> "SUI could reach $10-$20 long-term, but investors must navigate monthly unlock pressures carefully." - Crypto Patel

Technical Analysis Outlook

Wave Pattern Projections

• Clear impulse wave formation since April lows
• Incomplete corrective wave (C of ii) suggests temporary pullback
• Key support at Saturday's low ($3.38 area)

Price Targets

👉 How to interpret SUI's technical signals

Trading Performance Metrics

• Weekly Range: $3.10 - $3.72
• 24h Performance: -1.31%
• Weekly Change: -8.51% (mirroring market correction)
• Liquidity: $724M daily volume ensures strong market depth

Strategic Considerations for Investors

1. Short-Term:

   • Monitor $3.38 support level
   • Watch for buying opportunities below $3.00
   • Track unlock dates for potential volatility

2. Long-Term:

   • Ecosystem growth may offset unlock pressures
   • $24 target remains viable if key levels hold
   • Blockchain adoption metrics crucial for sustained growth

FAQs About SUI Price Action

Q: How often do SUI token unlocks occur?

A: Monthly releases of 44M tokens (≈$140M value) continue throughout 2025.

Q: What's the most realistic price target for SUI?

A: Analysts converge around $24 based on Fibonacci extensions, though $16-$28 remains the projected range.

Q: Should I be concerned about the token unlocks?

A: While creating short-term pressure, unlocks provide liquidity and potential entry points for long-term holders.

Q: What makes SUI different from other Layer 1 tokens?

A: Its unique Move programming language and object-centric model offer distinct technical advantages.

Q: Where can I track SUI's unlock schedule?

A: Official Sui Network documentation provides detailed vesting timelines.

Conclusion

The SUI market presents a nuanced opportunity where disciplined technical trading can capitalize on predictable volatility patterns. While $140M monthly unlocks create headwinds, the $24 price target remains achievable if the network maintains development momentum and market support holds above critical levels.