Sui is a relatively new layer-1 blockchain designed for high throughput and low latency, making it a notable project in the smart contract platform space. This article provides a detailed look at the historical price movements and key market data for its native token, SUI, from its initial trading date to the present.
The first recorded exchange rate for SUI was $0.9438 in June 2023. Since then, it has experienced significant volatility, reaching an all-time low of $0.3711 in October 2023 and achieving a record high of $5.21 in January 2025. In its first year of trading, SUI closed at $0.7765, marking an 82.27% increase from its opening price. The year 2024 proved to be particularly strong, with an average price of $1.66 and a closing price of $4.12 after reaching a maximum of $4.95.
Understanding SUI's Price Data
The following section breaks down the key metrics used to analyze SUI's market performance, including open/close prices, trading volume, and market capitalization. This data is essential for understanding the asset's liquidity, investor interest, and overall market health.
- Open (O) and Close (C) Price: The open price is the value at which SUI began trading on a given day, while the close price is its value at the end of the trading session. The difference between these two points indicates the daily price movement and market sentiment.
- High and Low: These represent the maximum and minimum prices reached during a 24-hour trading period, illustrating the intraday volatility.
- Volume: This refers to the total US dollar value of all SUI tokens traded in a day. High volume often signifies strong interest and can confirm the strength of a price trend.
- Market Cap: Calculated by multiplying the current price by the total circulating supply, market capitalization reflects the total value of all circulating SUI tokens and is a key indicator of the project's relative size in the cryptocurrency market.
Recent SUI Price Performance (June - July 2025)
The data from recent months shows a period of consolidation and fluctuation for SUI, with its price oscillating between roughly $2.60 and $3.50. Market capitalization has generally moved in correlation with the price, reflecting changes in the token's valuation.
| Date | Open | High | Low | Close | Volume | Volume (SUI) | Market Cap |
|---|---|---|---|---|---|---|---|
| 07/02/2025 | $2.67 | $2.96 | $2.66 | $2.90 | $864.9 M | 309,663,719 | $8.4 Bn |
| 07/01/2025 | $2.78 | $2.81 | $2.66 | $2.67 | $480.9 M | 176,135,753 | $8.2 Bn |
| 06/30/2025 | $2.90 | $2.90 | $2.74 | $2.78 | $654.1 M | 233,138,837 | $8.4 Bn |
| 06/29/2025 | $2.80 | $2.92 | $2.77 | $2.90 | $601.1 M | 213,809,423 | $8.5 Bn |
| 06/28/2025 | $2.72 | $2.84 | $2.68 | $2.81 | $472 M | 172,451,469 | $8.2 Bn |
| 06/27/2025 | $2.60 | $2.79 | $2.59 | $2.72 | $867.1 M | 324,668,908 | $8 Bn |
| 06/26/2025 | $2.73 | $2.80 | $2.59 | $2.60 | $845.9 M | 316,878,409 | $8 Bn |
| 06/25/2025 | $2.80 | $2.84 | $2.71 | $2.73 | $810.3 M | 291,446,972 | $8.4 Bn |
| 06/24/2025 | $2.83 | $2.90 | $2.74 | $2.80 | $1.1 Bn | 378,302,755 | $8.4 Bn |
| 06/23/2025 | $2.45 | $2.84 | $2.40 | $2.84 | $1.6 Bn | 615,936,715 | $7.7 Bn |
Key Ecosystem Events Impacting SUI's Market
The price of a cryptocurrency is often influenced by developments within its ecosystem. Notable events can drive investor sentiment and trading activity. For SUI, several recent milestones have coincided with periods of increased market attention.
- Token Unlocks: Scheduled releases of tokens from vesting periods, such as the 44 million SUI unlocks, can increase selling pressure if large volumes are released into the market at once.
- Gaming Partnerships and Launches: The integration of gaming projects like XOCIETY, Code of Joker: Evolutions, and the announcement of Lineup Games joining Sui highlight the network's focus on the gaming sector, potentially attracting new users.
- Technical Integrations: Developments such as Wormhole's Native Token Transfer (NTT) deployment on Sui, Pyth data feeds going live, and integrations with platforms like Real Vision enhance the blockchain's interoperability and utility, which are positive fundamentals for long-term value.
- Industry Events: Participation and announcements at major conferences like IBW2025 (Istanbul Blockchain Week) increase visibility and can generate bullish momentum. 👉 Explore more strategies for analyzing crypto markets
Frequently Asked Questions
What was the starting price of SUI?
SUI began trading in June 2023 with an initial price of approximately $0.94. The first full day of trading data recorded an open price at this level before the token experienced significant volatility throughout the year.
What is the highest price SUI has ever reached?
The all-time high for SUI was recorded in January 2025, when the price reached $5.21. This peak represents a substantial increase from its initial listing price and its lowest point in late 2023.
What factors influence the price of SUI?
Like most digital assets, SUI's price is influenced by broader cryptocurrency market trends, Bitcoin's performance, and project-specific news. Key factors include mainnet upgrades, new partnership announcements, expansion of the ecosystem's decentralized applications, and changes in circulating token supply due to unlocks.
How does trading volume affect SUI's price?
High trading volume typically indicates strong interest and can lead to increased price volatility. A price movement accompanied by high volume is generally considered a stronger, more legitimate move than one with low volume, which might be less sustainable.
Where can I track SUI's price in real-time?
SUI's price, market cap, and trading volume are tracked by most major cryptocurrency data aggregators and exchanges. These platforms provide live charts, historical data, and relevant market signals for informed analysis.
What is the significance of market capitalization for SUI?
Market cap places SUI's value in context against other cryptocurrencies. It helps investors gauge the project's size and growth potential relative to more established layer-1 chains like Ethereum or newer competitors.