Sui Is Down but Analysts Say It's Gearing Up to Become the "Next Solana"

The price of Sui has dropped by 3.5% in the past 24 hours, slipping to $4.35 as the cryptocurrency market dips by 2% today.

SUI is also down by 8% in a week, yet it remains up by 21% in a month and by an enviable 495% in the past year, with the Libra/Diem offshoot now the 18th-biggest token in the market by cap.

For some holders and supporters, Sui will only continue rising up the market leaderboard, with some referring to it as “the next Solana.”

And with its strong pedigree and promising fundamentals, it has every chance of becoming one of 2025’s bigger success stories, especially if it can manage to attract some real adoption.

Sui Is Down but Analysts Say It's Gearing Up to Become the “Next Solana”

Posting last week on X, Sui ambassador Matteo.sui referred to the layer-one network as the next Solana, and suggested that it’s then-price of $3.97 was essentially a steal.

It seems that some people listened, since Sui has risen by 9% since the above post, as investors bought the dip.

Other traders and Sui holders are similarly bullish about the token’s prospects, with DegenDollaz recently forecasting that the alt could rise to $30 next year.