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Cryptocurrency News Articles
Can SUI Token Reach $10 in 2025? Here’s VanEck’s SUI Price Prediction
Dec 25, 2024 at 08:00 am
An analysis shared by cryptocurrency YouTube channel “Everything Crypto” with over 26k subscribers discusses the potential trajectory of the SUI token.
Sui (SUI) has been performing exceptionally well since August 2023, emerging as one of the best-performing cryptocurrencies in the market. As of today, SUI is trading at $4.68, up 94% from the beginning of the year.
Over the past year, SUI has risen by an impressive 639%, and from its bottom on August 5th to its current price, the token has surged by 910%. This remarkable performance has also secured SUI’s position as the 8th-ranked altcoin in terms of 90-day growth, boasting a 299% increase during this period.
Now, let’s take a closer look at VanEck’s 2025 cryptocurrency price predictions, which include SUI reaching $10.
Afterwards, we’ll perform some market cap analysis and assess SUI’s growth potential further. Finally, we’ll conclude with some insights on Sui's recent strategic partnerships and ecosystem development.
VanEck’s 2025 Crypto Price Predictions Include SUI at $10
Major investment firm VanEck has been making waves in the crypto space lately, especially with its recently launched SUI Exchange-Traded Note (ETN).
Now, let’s see what the firm is predicting for some of the leading cryptocurrencies in 2025:
Bitcoin (BTC) – $80,000
Ethereum (ETH) – Above $6,000
Solana (SOL) – Over $500
Sui (SUI) – Surpassing $10
As we can see, VanEck is projecting a bright future for SUI, with a price target of over $10 in its 2025 cryptocurrency predictions.
The SUI ETN, which was introduced in November 2024, has already shown strong performance with a 10.82% growth since launch. This enables early investors to double their investments.
Currently managing $164.245 million in net assets, the ETN provides institutional investors with regulated exposure to SUI’s potential.
Market Cap Analysis and SUI’s Growth Potential
For SUI to reach the upper range of VanEck’s projections and hit $10, its market capitalization would need to expand to $29.3 billion.
To put this into perspective, let’s compare it to the existing market capitalizations of some established cryptocurrencies:
Tron (TRX) – $26 billion
Cardano (ADA) – $38 billion
As you can see, SUI reaching a market cap in the region of Tron or Cardano is not entirely far-fetched, especially considering the growth potential in the cryptocurrency market.
Furthermore, if we draw parallels with Solana’s historic bull run, which saw the token achieve a $78.2 billion market cap in 2021, SUI could potentially reach $26.71 if it matches Solana’s peak, or $13.85 at half that level.
Sui's Recent Strategic Partnerships and Ecosystem Development
In recent news, Sui has partnered with Ant Digital Technologies to focus on real-world asset tokenization, emphasizing sustainability and innovation.
The ecosystem has also shown remarkable growth, expanding from under $1 billion to $14 billion in market capitalization within a year. The platform’s DeFi sector has reached $1.8 billion in Total Value Locked (TVL), driven by platforms like Na’Vi, SuLand, Cedus, and Aftermath.
Overall, Sui appears to be gaining momentum on multiple fronts, which could contribute positively to its price performance in the coming months and years.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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