- SUI price is indicating a short-term consolidation trend at $1.08 and $0.82.
- The total value locked (TVL) in Sui DeFi protocols has stabilized at around $550 million.
- A new high-low formation in the Relative Strength Index (RSI) indicates rising buyers pressure at the $0.82 support, increasing the possibility of a SUI rebound.
SUI, the native digital currency of the SUI Network, recorded a slight loss of 0.68% to reach a trading value of $0.86. The cryptocurrency market often experiences lower liquidity and volume on weekends since institutional traders are mostly offline. Amid this uncertainty, the SUI price faces the risk of a prolonged correction as derivatives market and on-chain data show weak investor conviction.
SUI price lacks momentum after major network improvements
Layer 1 network Sui received a series of technical and integration upgrades last week, and the token traded in a small range around $0.87.
A scheduled unlock on April 1 issued approximately 43 million SUI tokens, equivalent to about $37 million at prevailing prices. This provided a new supply equivalent to approximately 1.1 percent of the tokens in circulation as stipulated in the project’s vesting schedule.
Around the same period, the mainnet was upgraded to 1.68.1, and the protocol itself moved to version 118. The release enabled address aliasing to simplify wallet and contract interactions, enhanced security around the system’s metadata, and a bug that could crash full nodes when simulating malformed transactions with invalid withdrawals.
On the integration front, derivatives platform Margex has started accepting SUI as collateral for its deposit and margin position. Walmart-backed OnePay has included the token in its expanded wallet for payments and asset-backed transfers. On April 2, Sui announced Partnership with Eribor Banka newly chartered US national bank specializing in digital asset infrastructure. This connection enables regulated bank customers to deposit and withdraw stablecoins on and off Sui to deposit, withdraw and use stablecoins.
There was weak conviction in the token price movement which oscillated around the 0.87 level with equal but weak trading interest. A locked amount of money DeFi protocols in Sui It remains around $550 million, and has not changed significantly since the beginning of February after seeing a significant decline after the peak of $2.6 billion in October of 2025.
A flat TVL level during a period of sideways price movement indicates a lack of new liquidity entering the ecosystem, and is often a sign that investors are waiting for new technical catalysts or stronger ecosystem-wide updates.
The lack of growth in TVL coupled with sideways price movement suggests that new capital inflows are limited and participants may wait to see more technical or ecosystem-based catalysts.
SUI buyers are looking for support at the bottom of the range
During the past two months, Normal price It traded sideways, echoing within the $1.08 and $0.82 horizontal levels. This merger coincides with broader market uncertainty amid rising geopolitical tensions in the Middle East.
Currently, the coin price is looking for support at the aforementioned minimum of $0.82. An RSI momentum indicator that has risen to 41% indicates a bullish moment at a support trend line.
If buyers continue to defend this support, SUI price could rise 24% with renewed recovery and challenge the upper ceiling at $1.08. A potential breakout of this resistance would boost buyers for a sustained recovery above $1.
Conversely, if sellers are forced to break below the $0.82 floor, supply pressure will intensify and push the SUI price to the $0.7 floor.
