SUI Token Surpasses 500 Million Transactions, Analysts Predict Breakout Above $2.17 for SUI Token

SUI surpasses 500 million transactions in 2025, outperforming major blockchains. With an increasing transaction volume and a growing user base, analysts predict that the SUI price could see a breakout above $2.17. As market interest intensifies, the SUI token is poised for significant price movement soon.

SUI Hits 500 Million Transactions in 2025

SUI has already surpassed 500 million transactions, leaving big coins behind in network activity. With over 501 million transactions processed, it’s far ahead of ETH’s 129 million and BTC’s 40 million. This milestone reflects growing interest and adoption of SUI as a leading blockchain, especially for DeFi applications. As its popularity continues to surge users and developers are taking notice.

According to expert predictions, if SUI breaks the resistance level, the price could experience significant upward momentum. As SUI’s open interest climbs to $318.1 million, market sentiment remains positive, signaling strong buying pressure. Analysts, including CryptoMichNL, predict that SUI’s growth, especially in the DeFi sector, could lead to substantial price movements in the coming weeks.

SUI Price Analysis of April 19

The trading day of April 18th for SUI/USDT started with bearish momentum, as seen in the 5-minute chart. Sellers controlled the market initially, driving the price down. But the MACD indicator showed a golden cross at 06:45 UTC, signaling a shift in momentum. This crossover led to an upward trend, as buyers gained control, pushing the price higher. By 08:20 UTC, the price entered an overbought condition, signaling a potential pullback. The RSI also indicated an oversold situation at 15:30 UTC, leading to a brief price stabilization at $2.0951. At 19:30 UTC, a death cross on the MACD suggested bearish pressure, and the price began to decline. 

SUI/USDT chart, analyzed by ShwetaCW, published on TradingView, April 19, 2025

By 23:15 UTC, the RSI was oversold again, reinforcing the downtrend before the market entered April 19th. On the trading day of April 19th, the price began with bullish momentum, fluctuating within a moderate range. If buyers continue to dominate, SUI could break the current resistance at $2.1707, with an eye on $2.2200. On the other hand, if the trend reverses and sellers take control, the price may dip below $2.0951 and test the support at $2.0500. According to the SUI price prediction, the outcome will depend on market sentiment and momentum.

SUI Price Outlook

SUI’s impressive transaction volume, surpassing 500 million, and increasing market participation signal a strong growth potential for the SUI token. Analysts predict a breakout above $2.17, with buyers showing rising interest. If the upward momentum continues, the SUI price could target the $2.20 mark. However, if a trend reversal occurs, support around $2.10 could hold. Based on current market trends, price prediction for SUI suggests a bullish outlook with the potential to reach $2.20 in the coming days, provided it maintains this positive sentiment.

The post SUI Token Surpasses 500 Million Transactions, Analysts Predict Breakout Above $2.17 for SUI Token appeared first on Coinfomania.