Sui Price Consolidation Nears End with Expert’s Targets Set at $8, $9.5, and $12

TLDR:

Sui price has consolidated inside a Symmetrical Triangle for a year, creating conditions for a potential bullish breakout.
DeFi activity pushed Sui’s TVL past $2B, with stablecoin liquidity tripling compared to the previous year.
Wallet adoption exceeded 45M, fueled by integrations with Phantom, Backpack, and zkLogin.
Analyst targets $8.07, $9.55, and $12.28 once Sui price breaks out of the current consolidation pattern.

Sui has spent the last year trading inside a tight range, forming a Symmetrical Triangle pattern that analysts view as a re-accumulation phase. 

The price structure has compressed between converging support and resistance, signaling an extended period of consolidation. Traders say such formations often lead to sharp moves once the market decides on direction. With momentum building across its ecosystem, many investors are closely watching for an upward breakout.

Data from CoinGecko shows Sui trading at $3.48 today, up 1.06 percent in the past 24 hours. The token has slipped 0.89 percent over the week, but analysts remain focused on its long-term structure.

Sui Price Pattern Points Toward Higher Targets

According to market analyst Alex Clay, Sui has been consolidating between support near $1.90 and resistance around $3.90. This year-long range has formed a clear Symmetrical Triangle on the chart, viewed as a bullish setup once broken.

He described the pattern as a re-accumulation base that keeps buyers positioned for a future move higher.

Clay highlighted price targets of $8.07, $9.55, and $12.28, should the breakout take place. These levels match resistance zones marked by Fibonacci extension levels and prior market reactions. A climb into double digits, he suggested, would validate the structure that has been forming for months.

#SUI$SUI has spent the past year consolidating within a Symmetrical Triangle, building a strong re-accumulation base. The macro structure remains clearly bullish, and the asset continues to look undervalued relative to its growth🔥

🔹 Fundamentals Strengthening the Case

DeFi… pic.twitter.com/ira9Y4QwoU

— Alex Clay (@cryptclay) August 28, 2025

The analysis also pointed to higher trading volumes near the upper boundary of the triangle. A breakout with strong momentum could trigger acceleration toward those projected targets. Investors are monitoring liquidity conditions and activity to confirm strength before any sustained move.

Ecosystem Growth Strengthens the Crypto Case

Clay’s outlook was reinforced by Sui’s ecosystem data. Total value locked across DeFi platforms has climbed beyond $2 billion, with stablecoin liquidity tripling year over year. This expansion reflects more on-chain activity and deeper market participation.

Adoption trends also continue to build. Wallets on the network have surged above 45 million, supported by integrations with Phantom, Backpack, and zkLogin. These connections allow broader accessibility, driving user growth and usage across applications.

Institutional players have taken positions as well. Investment products from groups such as Grayscale and VanEck have increased exposure to Sui signaling rising confidence among traditional finance firms. 

Developers, meanwhile, are adopting Sui’s tools quickly, with native projects like DeepBook providing order book infrastructure for trading.

Real-world applications are emerging too, from payments using Mastercard rails to growing demand in GameFi and tokenization projects. Each layer of expansion adds to the broader base that could support future price appreciation.