Market Overview
- Current price (2025‑12‑19): $1.45436
- Market capitalization: $5,382,258,861.65
- 52‑week range: $0.95023 – $5.35185
The Sui token has been trading near the lower end of its 52‑week range, reflecting broader market softness and a decline in risk appetite noted in recent crypto market reports.
Recent Developments
| Date | Source | Key Points |
|---|---|---|
| 2025‑12‑20 | cryptopanic.com | Overview of Sui’s technology, highlighting its speed, scalability and role in decentralized finance. |
| 2025‑12‑20 | cryptopolitan.com (French) | Sui price fell ~14 % to $1.41 amid a general downturn in crypto risk sentiment. |
| 2025‑12‑19 | coingape.com | Bitwise’s filing for a Sui ETF is seen as a positive catalyst; technical analysis suggests potential for a measured move toward the $3 region. |
| 2025‑12‑19 | cryptopanic.com, cryptopanic.com, cryptopolitan.com, coinjournal.net | Multiple reports confirm that Bitwise has filed an S‑1 with the SEC to launch a spot Sui ETF, positioning itself against competitors such as Canary Capital and 21Shares. |
| 2025‑12‑19 | cryptomonday.de | Bitwise’s SEC filing is highlighted as part of a broader trend of alternative asset managers entering the crypto‑ETF space. |
| 2025‑12‑18 | cryptopanic.com | Early announcement of Bitwise’s intent to target Sui with a new spot crypto‑ETF filing. |
The consensus among the sources is that Bitwise’s regulatory filing represents a significant step toward mainstream institutional exposure for Sui. The filing also signals intensified competition in the crypto‑ETF market, with several managers aiming to launch Sui‑based funds in the United States.
Technical Context
- The Sui price has recently exited a descending channel and entered a key demand zone.
- Analysts project a potential upward trajectory toward the $3 level if the current trend sustains.
- The price drop noted on 2025‑12‑20 to $1.41 aligns with a broader market downturn but remains within the lower bound of the 52‑week range.
Fundamental Context
- Asset type: Crypto currency
- Currency: USD
- Market cap: $5.38 bn (as of 2025‑12‑19)
- 52‑week high: $5.35185 (2025‑01‑05)
- 52‑week low: $0.950223 (2025‑10‑09)
Sui’s underlying technology is positioned as a next‑generation blockchain optimized for speed, scalability, and decentralized applications. This positioning has attracted institutional interest, as evidenced by Bitwise’s ETF filing and the broader narrative that Sui remains a relevant asset within regulated market frameworks.