SUI Down 80%: Why Accumulating Sui Tokens Right Now Might Make Sense

Sui price has spent months moving in the opposite direction from what many investors expected after its explosive rally in late 2024 and early 2025. SUI reached an all time high close to $5.35 in January 2025, yet the token now trades around $1.10 after a brutal correction across the broader crypto market.

That decline pushed SUI down more than 80% from its peak. Bearish pressure still dominates the chart, and many altcoins continue to struggle after the broader market weakness that started late last year. Another factor deserves attention, though. Several network developments continued quietly throughout the entire downturn, and some analysts believe the current Sui price may not fully represent the network’s actual growth.

• Sui Ecosystem Growth Continued Even During the SUI Price Collapse
• SUI Price Chart Still Shows A Long Term Bullish Structure
• SUI Price Recovery May Depend On Broader Market Conditions
• FAQs

Sui Ecosystem Growth Continued Even During the SUI Price Collapse

Crypto analyst Michaël van de Poppe recently argued that SUI remains one of the most overlooked setups in crypto despite the heavy correction from $5.35 to below $1.

His argument focuses less on short term SUI price movement and more on what continued behind the scenes during the market downturn.

Several developments arrived across the Sui ecosystem over the past year. SUI became the fifth spot crypto ETP listed in February 2026. CME futures also launched for the network, which placed Sui among a very small group of Layer 1 projects with futures products alongside Bitcoin, Ethereum, and Solana.

Three US staking ETFs tied to SUI also entered the market through firms including Grayscale, Canary Capital, and 21Shares. Another major development came after Nasdaq listed SUIG staked its entire 108.7 million treasury.

Stablecoin activity across the network also expanded. USDsui launched through Stripe’s Bridge subsidiary, and cumulative stablecoin transfers on the network crossed $1 trillion in March.

Van de Poppe also pointed to infrastructure improvements inside the ecosystem. Hashi launched with native Bitcoin collateral support without wrapped assets, and more than 20 institutions reportedly committed on day one. Mysticeti consensus upgrades also increased checkpoints per second from 1 to 4.

That collection of developments led the analyst to argue that Sui is still laying foundational infrastructure despite the weak market conditions.

Related Article: $5,000 in SUI Today: Here’s Your Portfolio Value by 2027

Network data also gives another perspective on the current SUI price decline. The ecosystem reportedly crossed 232 million total users and 1.5 billion cumulative transactions. Stablecoin holdings stayed near a $500 million baseline despite the sharp TVL decline.

Van de Poppe explained that Sui’s TVL fell from roughly $2 billion to about $500 million during the same period that the underlying SUI token dropped close to 70%. His argument suggests the decline mainly came from asset depreciation instead of massive capital flight from the ecosystem.

SUI Price Chart Still Shows A Long Term Bullish Structure

A look at the SUI chart reveals another interesting pattern that could matter over the coming months.

Sui price has respected a major ascending trendline since October 2023. The pattern supported the token during major pullbacks in August 2024 and again in March 2026 when SUI moved close to the lower boundary of the structure.

So far, the pattern continues holding. The March low around $0.80 formed directly above that ascending support line. That low also stayed above the August 2024 bottom near $0.46. That structure matters because it keeps the higher low pattern intact across the larger timeframe.

SUI Price Chart Showing Ascending Trendline / TradingView.com

Technical structures like this often become important during long market corrections because they help determine whether a broader bullish cycle still exists underneath short term weakness.

Current price action suggests SUI may already be close to its bottom if the ascending support continues holding. Recovery attempts near the current $1 zone could eventually push the token toward the $1.90 region if bullish momentum strengthens again.

A break above that level would likely open the door toward the $3 range weeks or months later. Historical crypto cycles also show that large corrections inside broader bullish structures can sometimes become accumulation phases before stronger recoveries appear later.

Another detail stands out on the SUI Bitcoin pair. Bullish divergence patterns started appearing during the recent weakness, which often suggests downside momentum may be slowing.

Related Article: SUI Price Appears Weak Short-Term, but the Tokenomics Story Is Growing

SUI Price Recovery May Depend On Broader Market Conditions

Sui still faces the same challenge affecting most altcoins right now. Broader crypto market confidence remains fragile after months of pressure across Bitcoin and alternative assets.

That weakness explains why strong ecosystem development alone has not immediately translated into higher SUI price action.

Market conditions could still produce more volatility ahead. Another selloff across Bitcoin would likely pressure SUI again in the short term. Crypto markets rarely move in isolation during major bearish phases.

Even so, the combination of continued ecosystem growth, strong institutional developments, and long term chart support explains why some investors continue watching SUI closely despite the heavy correction from its peak.

FAQs

 **Can SUI crypto reach $10?**

Yes, SUI can reach $10. Currently around $1.06, it requires an 850% gain. Analysts project this milestone by 2028–2030, driven by institutional ETFs and gasless stablecoin adoption

 **What Is the SUI Prediction for 2027?**

Analysts project SUI to average between $2.50 and $6.60 by 2027. Bullish targets reach $7.00 to $11.90, driven by expanding Layer-1 dApp adoption, though scheduled token unlocks could cap early gains.