SUI-based stablecoins have reached an all-time high

Market observers suggest that if this momentum sustains, the chain could soon flip top EVM chains in stablecoin liquidity.

Stablecoins on the Sui chain have reached an all-time high, surging to $724.27 million in the last seven days, as per on-chain data.

If this momentum continues, the chain could soon flip Optimism in stablecoin liquidity. Notably, Optimism (OP) is only $40 million ahead of SUI in stablecoin supply.

According to the latest data from DeFiLlama, Optimism leads the pack with $728.33 million in stablecoin liquidity, closely followed by SUI at $687.98 million in the last seven days.

According to the latest data from Token Terminal, the total value locked (TVL) in the Sui ecosystem has decreased by 0.78% in the last 24 hours, currently standing at $188.28 million.

However, on a weekly basis, there has been a significant increase of 23.37% in TVL.

The latest additions to the chain include AUSD, FDUSD, USDT, USDC, USDY, and BUCK. Together, they have hit a combined market cap of 724,266,550, showing a noteworthy 24.56% surge.

In general, it hints at a maturing DeFi environment, with growing confidence in Sui-based financial applications.

On the price front, the native token of the Layer 1 blockchain is lagging in momentum.

Currently trading at $2.19, SUI has shed over 13% in the weekly timeframe and is presently ranked No. 17 in the entire crypto ecosystem. The circulation supply of the token is $3.24 billion, with a market cap of 7.1 billion.

Despite the current lackluster performance, the price of SUI has soared by 20%, adding a massive average amount of $0.22 to its current value. This abrupt growth suggests that the leading altcoin can become a solid asset now if it continues to grow. Changelly, a leading market predictor, paints a bullish picture for the token in 2025.

Sui Price Prediction 2025

According to the technical analysis, the minimum cost of Sui will be $1.91 in 2025. The maximum level that its price can reach is $5.04. The average trading price is expected to be around $8.17. As per Changelly, the potential ROI stands at 354.1%.

For April, the platform predicted the token’s minimum trading cost to be around $2.43, while the maximum might reach $7.57 during this month. On average, it is expected that the value of Sui might be around $5. Potential ROI: 582%.

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