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Sui projected to surge 326% to $16 by 2025

Sui projected to surge 326% to $16 by 2025

GrafaGrafa2025/01/31 09:00
By:Mahathir Bayena

Asset manager VanEck has made bullish predictions regarding the Sui (CRYPTO:SUI) token, forecasting a potential increase of 326% to reach $16 by the end of 2025.

This projection is based on an anticipated growth in the smart contract platform (SCP) market, which VanEck expects will expand to approximately $1.1 trillion.

Currently, Sui holds a market share of about 2%, but analysts predict this could rise to 5.5% as the market grows.

The firm’s analysis indicates that with 3 billion tokens unlocked by January 2025, the projected market capitalisation for Sui would be around $61 billion.

“The SCP market could grow to $1.1 trillion by the end of 2025,” stated Patrick Bush, a senior investment analyst at VanEck, linking this growth to the expansion targets of the U.S. M2 money supply.

Sui has also shown strong performance in decentralised exchange (DEX) trading volume, ranking fourth among platforms like Solana and Ethereum.

Moreover, recent data from Google Trends shows that Sui has gained significant market interest, becoming the third most searched blockchain network.

Despite these positive indicators, potential regulatory challenges remain a concern for Sui's mass adoption.

Bush cautioned that unfavorable regulatory classifications could hinder broader acceptance of tokens like Sui and Aptos (CRYPTO:APT).

As of late January 2025, Sui's price had recently rebounded to $4.1 after a pullback earlier in the month.

At the time of reporting, the Sui (SUI) price was $4.24.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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