SUI Eyes Massive Gains as Ecosystem Metrics Hit New Heights

The market is buzzing about SUI’s next chapter. With futures open interest reaching $947.26 million—the highest level since October—fresh capital is clearly flowing into the altcoin. Trading activity has exploded too: seven-day volume jumped 244%, signaling serious momentum building beneath the surface.

What’s Driving the Rally?

Analyst Kyle Chasse points to the volume surge as evidence of heightened interest, while Crypto Patel has laid out an aggressive roadmap. He’s targeting $5, $10, and $20 for SUI in the long term, betting on a high-timeframe accumulation structure and what he sees as a strong bullish order block sitting between $1.30 and $1.50. If those levels hold, analysts are talking about potential 1000% upside from current levels.

The numbers back the thesis. SUI climbed 40% over the past week and hit a two-month peak of $2.0, though the current price has settled around $1.80 with a -7.71% weekly pullback. It’s the kind of volatility that keeps traders on their toes.

Ecosystem Expansion Adding Fuel

What’s often overlooked in these rallies is what’s happening under the hood. Sui’s TVL has grown to approximately $1.04 billion, showing genuine ecosystem participation beyond just price speculation. Mysten Labs, the team behind Sui, is also pushing forward with privacy enhancements for blockchain networks—moves that could unlock new use cases and attract institutional interest down the line.

The convergence of rising TVL, climbing trading volume, and solid technical positioning suggests SUI might have legs to run. Whether it hits those $20 targets is another question, but the building blocks for a sustained rally are falling into place.