Sui SUI/USD continues its meteoric rise, posting a 20% daily gain to add to its 112.9% monthly performance, being likened to Solana’s SOL/USD early days by traders.
What Happened: SUI’s total value locked is at record highs of $1.68 billion as of Dec.5, with the Layer-1 chain tipped to be one of the most promising projects in the cryptocurrency space,
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Sui SUI/USD | $4.23 | $12.4 billion | +18.4% | +22.7% |
| Solana SOL/USD | $238.95 | $113.6 billion | +5.1% | +1.4% |
| Polkadot DOT/USD | $11.07 | $16.9 billion | +5.3% | +36.3% |
Trader Notes: Crypto trader ShardiB2 highlighted Sui as a must-watch asset for those who missed Bitcoin's recent moves, emphasizing their prior call before the current price spike.
Similarly, macro investor Raoul Pal described Sui’s price chart as a “stairway to heaven” in a recent post on X. Pal also shared a chart comparing Sui to Solana:
Trader Tnut called Sui a “clean trade,” while analyst Alex Clay predicted an easy breakout above $5, citing "a perfect upward retracement off the ascending trendline."
Community News: Sui's rally follows the announcement of Phantom Wallet’s integration with the Sui ecosystem.
With over 7 million monthly active users and more than 560 million on-chain transactions year-to-date, Phantom Wallet is poised to enhance Sui’s adoption.
The integration will enable seamless asset swaps, native bridging and a more accessible trading experience for users.
The Sui Network praised the partnership, describing it as a key milestone in its journey to becoming a high-performance blockchain.
Read Next:
Image: Shutterstock
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
