SUI is trading in a consolidation range near $1.10 – $1.40, a significant distance from its All-Time High (ATH) of $5.35 reached on January 7, 2025. For many, the question is simple: Did we already see the cycle peak, or is $SUI coiling for a massive 2026–2027 breakout?

🔍 The 2025 Retrospective
The $5.35 ATH was driven by a perfect storm: the Grayscale SUI Trust launch, a surge to $2B in DeFi TVL, and the hype surrounding the Move programming language. Since then, the market has entered a "base-building" phase. While the correction has been deep, large wallets (whales) have shown selective accumulation below $1.40, signaling that long-term conviction remains intact.
🚀 Why a New ATH is Likely in the Next Cycle
* USDsui Stablecoin: The early 2026 launch of a native, yield-bearing stablecoin is a major fundamental pivot. It’s designed to deepen liquidity and includes a SUI buyback mechanism, creating deflationary pressure.
* Privacy & Scalability: With protocol-level privacy and the transition toward an "integrated economic platform," Sui is evolving from a fast L1 into a comprehensive financial rail.
* Institutional Targets: Analysts suggest that if SUI reclaims the $2.20 resistance, the path toward $5–$8 in 2027 becomes a high-probability scenario.
Professional Thought: In crypto, the "second rally" of a mature L1 is often more sustainable than the first. Sui has survived the "hype phase" and is now in the "utility phase". $OP $SEI