SUI Price Skyrockets 33%, Will It Hit $2 Before 2025 Ends?

SUI price has surged by over 33% in the past 24 hours. The SUI price hit a low of $1.33 yesterday, then spiked to a high of $1.78 today. This sharp upward spike has grabbed the attention of traders and investors as they seek to know why SUI is up today? Several new developments, including a new stablecoin launch, a big exchange listing, and a token unlock, are the main reasons behind the latest SUI price rally. Furthermore, the resurgent bullish market trend, with Bitcoin rallying over 7%, has also had a big role to play.

Key Drivers of SUI’s Price Surge

USDsui Stablecoin Launch

The biggest driving factor behind the surge in SUI’s price is that the USDsui fiat-backed stablecoin was recently launched in the Sui ecosystem. The new stablecoin will be used for real-world payments. It will be accepted by Sui wallets, decentralized applications (dApps), and decentralized finance (DeFi) protocols. Sui claims that this development of launching USDsui is expected to further solidify the network’s position as a trustworthy and long-term viable project. It will help to increase confidence in the platform, which could lead to increased liquidity and use cases for Sui as the stablecoin gains adoption.

Coinbase Listing and Increased Accessibility

In addition to the USDsui launch, the recent listing expansion on Coinbase is another key factor driving the price of Sui. With SUI now available for trading to New York residents, one of the largest and most heavily regulated markets in the United States, demand for the token is only expected to increase. This expansion allows Sui to reach a larger audience and become more accessible to users and traders around the world. As a result, more liquidity is injected into the market, which attracts new investors to the Sui ecosystem. As more users and traders gain access to SUI through Coinbase, it’s likely that we’ll see continued upward momentum in the price.

Major Token Unlock Event

The recent token unlock event was also a major reason for the recent SUI price surge. On Nov. 30, 2025, SUI unlocked $86.86 million worth of tokens, adding 55.54 million new tokens to the circulating supply. But rather than experiencing a drop in price due to the increase in supply, SUI has continued to make higher highs. This is a strong sign of both demand and investor confidence in the token, instead of a potential sell-off due to the new tokens entering the market.

A Closer Look into the SUI Chart

SUI has shown an impressive price jump of 33% over the past 24 hours, with an increase from a low of $1.33 on the previous day to a high of $1.78 today. The price action increase started on 2nd December 2025, 10:30 UTC, when the MACD indicator flashed a golden cross, hinting at a possible upward price move. After the golden cross, SUI’s price spiked to $1.62, entered an overbought territory, and then experienced a short-term consolidation phase.

SUI M15 chart, published on TradingView, analyzed by Ali Oliyaee, December 3, 2025

Then the upward move continued and eventually reached the highest point of the day at $1.78 on 3rd December. The current key levels to note are the support level at $1.57 and the resistance level at $1.78. Price is likely to trade between these two levels. If either level breaks, a continuation in the direction of the breakout is possible.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.