Trends and Development Potential of SUI Coin – The Native Token of Sui Blockchain – Amid the Cryptocurrency Market Landscape in 2025
Overview of SUI
• Project Summary:
Sui is a Layer-1 blockchain developed by Mysten Labs, designed for high throughput, low latency, and scalability. It targets sectors such as DeFi, GameFi, and real-world asset (RWA) tokenization, positioning itself as a competitor to Solana, Aptos, and Avalanche.
• SUI Token:
SUI is used for transaction fees, staking, and governance. The total supply is capped at 10 billion tokens, with periodic unlocks (e.g., 82 million tokens on January 1, 2025, accounting for 0.82% of total supply).
• Market Position:
As of May 2025, SUI trades between $3 and $6 (according to CoinMarketCap), with a market capitalization of ~$5–6 billion, ranking in the top 10–15. SUI reached its all-time high (ATH) of ~$5.3 in December 2024.
Development Trends of SUI in 2025
1. Market Trends
• Growth in DeFi and GameFi:
• DeFi: Sui’s total value locked (TVL) reached $1 billion in September 2024—an increase of 3,285% year-over-year (per DeFiLlama). As of May 2025, TVL continues to grow thanks to projects like Navi Protocol and Cetus. Sui’s stablecoin market cap doubled since January 2025 to $900 million.
• GameFi: Sui is gaining traction with GameFi projects such as The Beacon (similar to MAGIC by Treasure) and meme coins. The top 5 meme coins on Sui show high trading volumes (according to X).
• Institutional Support:
• VanEck has launched an investment product representing SUI, attracting institutional capital.
• 21Shares has integrated SUI into its ETF offerings, increasing access for traditional investors.
• RWA Integration:
Sui supports real-world asset tokenization via protocols like Walrus and BitlayerLabs (Peg-BTC), tapping into a global RWA TVL of $17.1 billion—a 94% year-over-year increase.