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Cryptocurrency News Articles
VanEck Projects SUI Token Could Reach $16 by End of 2025, Representing a 326% Increase
Jan 31, 2025 at 05:34 pm
Major asset management firm VanEck has released a detailed analysis projecting that the SUI token could reach $16 by the end of 2025
Major asset management firm VanEck has released a detailed analysis projecting that the SUI token could reach $16 by the end of 2025, representing a 326% increase from its current price of approximately $3.75.
The projection comes as part of a comparative analysis report between Sui and Aptos, two prominent players in the smart contract platform (SCP) space. According to VanEck’s research, the broader SCP market is expected to grow to $1.1 trillion by the end of 2025.
Recent market performance shows SUI trading at $4.1, marking a 12% increase from recent lows. The token has shown resilience by maintaining support above the $3.5 level, which analysts identify as a crucial demand zone.
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