Should You Buy Sui in 2025?

Switzerland in brief

How much does 1 Sui cost?

The price of Sui is on the rise this week. Sui is currently trading at ZAR 23.12, up 2.7% over the past 24 hours and showing a 5.5% increase in the last week.

With a market capitalization of ZAR 30.6 billion, an average 3-month trading volume of ZAR 4.2 billion, and a 54th global market cap rank, Sui boasts a circulating supply of 1.25 billion tokens. Its market dominance stands at 0.21% of the total cryptocurrency market.

Given Sui’s ongoing volatility and momentum, the coming days may present interesting opportunities for discerning South African investors.

Our complete opinion on the Sui cryptocurrency

After analysing the latest trends of Sui, as well as its impressive evolution over the past three years, it becomes clear that this digital asset stands at a pivotal crossroads. By integrating on-chain data, technical signals, market metrics and its competitive environment through proprietary algorithms, we’ve developed a multi-layered and robust view of Sui’s current positioning. So, why might Sui once again become a strategic entry point for next-generation blockchain infrastructure in 2025?

Recent Performance and Market Context

Price Evolution

Sui (SUI) has demonstrated remarkable resilience throughout 2023 and 2024, weathering both broad market corrections and episodic volatility. Having launched at approximately 1.3 ZAR, Sui embarked on a rapid ascent, peaking at over 20 ZAR in early 2023 before consolidating in the 14–16 ZAR range. By June 2024, Sui stabilised near 15.85 ZAR, outperforming several L1 competitors and highlighting its relative strength during sector retracements.

Recent Positive Events

• Major infrastructure upgrades rolled out in Q1 2024, resulting in superior transaction throughput and record network uptime.
• Sui Foundation partnerships with South African fintechs and EMEA-based developer accelerators have driven unique use cases for on-chain payments and digital finance.
• NFT vertical (SuiOD): In H2 2023, transaction volume in Sui’s NFT and gaming ecosystem increased by more than 180%, enhancing both network effect and brand presence.

Macroeconomic and Sector Drivers

• Cryptocurrency sentiment in 2024 has shifted positively, with increased institutional exposure and South Africa’s progressive regulatory clarifications. Sui, native to a rapidly digitalising ecosystem, benefits from these tailwinds.
• Appetite for high-throughput, low-latency L1 solutions (the "modular blockchain" narrative) positions Sui as a prime beneficiary of the sector’s Layer 1/Layer 2 adoption cycle.
• General risk-on sentiment amid global inflation moderation favours risk assets, especially innovative networks like Sui, which are perceived as ‘next cycle leaders’.

Technical Analysis

Relevant Crypto Indicators

• Relative Strength Index (RSI): RSI hovered between 54–66 for most of Q2 2024, signalling neutral-to-bullish momentum, with no overbought conditions in sight.
• MACD: Multiple bullish crossovers detected on the daily and weekly timeframes, consistent with growing momentum and positive accumulation.
• Moving Averages: Both the 50-day and 200-day moving averages are inclined upwards; price currently trades ~10% above its 200-day MA, supporting the foundation for a sustained trend.

Key Support Levels & Bullish Reversal Signals

• Robust support at 14 ZAR, with significant buy volume historically accumulating at this level. Price action rejected several attempts below this threshold in Q2.
• Breakout point at 17.5 ZAR, which when decisively reclaimed, could unlock a rapid move towards 22–25 ZAR given prior liquidity gaps.

Short- to Medium-Term Momentum

• Favourable momentum structure: Sui maintains a series of higher lows since early 2024, aligned with steadily increasing on-chain activity and capital inflows.
• Order book dynamics show thinning sell walls above 18 ZAR, indicating that a volatility event (such as a protocol upgrade or partnership) could catalyse a swift upside move.

Fundamental Analysis

Growing Adoption and Strategic Partnerships

• Major exchange listings: All major global and regional crypto exchanges now support SUI/USDT and SUI/ZAR pairs, ensuring deep liquidity for ZA-based investors.
• Strategic alliances: Partnerships with payment integrators and e-wallets in South Africa and Sub-Saharan Africa are converging to accelerate real-world utility for Sui.
• Developer momentum: Over 400 active monthly contributors, with the Sui Hackathon ZA in late 2023 yielding 50+ novel dApp prototypes and several DeFi launches.

Attractive Valuation

• Market Cap (June 2024): 25.9 billion ZAR (1.4 billion USD), which remains compelling relative to L1 peers considering technology, network effect and ecosystem value.
• Fully Diluted Valuation (FDV): Approx. 80 billion ZAR, still notably compressed when compared to L1s at a similar adoption stage.
• TVL (Total Value Locked): Surpassed 4 billion ZAR in mid-2024 across DeFi protocols, a 3x increase from the previous year.

Structural Strengths: Technology, Community, Differentiation

• Unique Move language: Sui leverages the Move programming language, optimising execution speed and network scalability for high-throughput applications—distinct from most existing chains.
• Rapid block finality (<500ms) and low average fees drive significant network utility, ideal for payments, DeFi, and gaming.
• Ecosystem grants and foundation incentives have fostered a vibrant, fast-growing community, especially within EMEA and emerging markets.

Volume, Liquidity, and Market Position

• Trading volume (24H average): Exceeds 200 million ZAR as of Q2 2024, ranking Sui among the most liquid L1 assets globally.
• Order book depth: Notable support from both institutional and retail market makers, reducing execution friction.
• Top-20 crypto by global market cap, with dominance rising steadily as cross-chain integrations and new listings accelerate.

Catalysts and Positive Outlook

• Core protocol upgrades (Sui 2.0) planned for Q1 2025 could significantly enhance throughput and composability.
• Institutional involvement: Uptick in custody, staking, and ETP flows from ZA institutional desks in Q2 2024.
• Regulatory clarity in South Africa is spurring greater adoption and attracting large Web2/Web3 integrations.
• NFT and gaming boom: Native Sui platforms are securing exclusive rights for major African sports and cultural NFTs.

Investment Strategies (By Horizon)

Short-Term (0–3 months)

• Entry on technical re-test: Buying opportunities appear advantageous on a technical pullback towards the 14.2–15 ZAR support band.
• Trade momentum: Volatility events (partnership news, code releases) could offer swift upside; active traders may capitalise on technical rallies above 17.5 ZAR.
• Protective stops below major support can help manage risk effectively.

Medium-Term (3–12 months)

• Pre-upgrade positioning: The forthcoming Sui 2.0 upgrade in early 2025 historically delivers multiple months of outperformance—positioning ahead of this is a tactical edge.
• Ecosystem expansion: Continued ecosystem growth, especially in DeFi and payments, supports a compounding effect on network value.
• Reclaim of pre-2023 highs (>20 ZAR) looks increasingly plausible in a sector rotation context.

Long-Term (1–5 years)

• Underappreciated Layer 1 bet: With its robust developer pipeline and enterprise integrations, Sui appears well-situated for the next phase of adoption in digital assets infrastructure.
• Compounded technological and network effect: Progressive protocol enhancements could deliver disproportionate upside vs. current valuation.
• Macro resilience: Given resilient sector dynamics and rising crypto adoption in ZA, long-term positioning in Sui seems justified for diversified portfolios.

Sui Price Predictions

Is Now the Right Time to Buy Sui?

Key Strengths Summary

• Sui has consistently demonstrated resilience, liquidity, and technological leadership in the next-gen Layer 1 ecosystem.
• Robust on-chain and technical indicators signal a strong setup for renewed upside, supported by increasing institutional involvement and ecosystem growth in ZA.
• Attractive valuation metrics, deep liquidity, and a pipeline of major upgrades—coupled with growing real-world adoption—favour risk/reward over multiple timelines.
• Multiple powerful catalysts (protocol upgrades, regulatory tailwinds, ecosystem expansion) are coalescing, increasing the probability of an extended bullish phase.

Optimistic Outlook and Investment Case

With its unique architectural advantages, expanding footprint in payments and DeFi, and a string of fundamental and technical catalysts ahead, Sui presents itself as a clear candidate for those seeking to position early in the next wave of blockchain growth. The confluence of technological innovation, institutional momentum, and a healthy adoption curve in Southern Africa supports the thesis that Sui could well enter a powerful new growth phase.

In summary, strong fundamentals, robust technical structure and a maturing ecosystem reinforce the idea that Sui represents an excellent opportunity in today’s landscape. Investors attentive to the evolving technical and macro backdrop may find Sui’s current price level, ahead of key protocol upgrades, to be a particularly compelling entry.

Sui remains a high-volatility crypto asset, offering dynamic investment opportunities, provided risk management is disciplined. Recent price acceleration showcases Sui’s potential for rapid, forceful moves, but ongoing macro developments require continued selectivity. Key technical levels to monitor sit at 14 ZAR as immediate support and 17.5 ZAR as a critical resistance. The next core protocol upgrade, slated for Q1 2025, could serve as a decisive catalyst for Sui’s future trajectory.

How to buy Sui?

It is both simple and secure to buy the Sui cryptocurrency online in South Africa, provided you use a regulated platform. You can purchase Sui either through a straightforward spot (cash) purchase or by trading Sui via CFDs (Contracts for Difference) that allow you to speculate on its price without owning the actual coin. Each method has its own advantages and potential risks. To help you make an informed choice, we offer a detailed comparison of the leading crypto platforms further down this page.

Spot Purchase

Buying Sui “spot” means you acquire the real SUI coins, which are then held in your crypto wallet—either on the platform or in your own private wallet. Spot purchases are direct and transparent. Most regulated platforms charge a fixed transaction fee, usually a percentage (for example, 0.1%–1%) or a flat fee, in local currency (ZAR).

Important information

Example: Suppose Sui is priced at R25 per coin. With a ZAR 20,000 investment (about €1,000), you could buy approximately 800 SUI (excluding fractional coins), accounting for about R100 in transaction fees.

Important information

✔️ Gain Scenario: If the Sui price rises by 10% to R27.50, your wallet’s value climbs to R22,000.
Result: a R2,000 gross profit (+10%) on your investment.

Trading via CFD

Trading Sui via CFD allows you to take a position on the price movement of SUI without owning the actual coin. With CFDs, you can use leverage—which means you can gain a larger market exposure with a smaller initial outlay. Typical costs include the spread (the difference between buy and sell price) and, if the position is held overnight, a daily financing fee.

Important information

Example: You open a CFD position on Sui with ZAR 20,000 and select 5x leverage, giving you exposure to R100,000 worth of SUI.

Important information

✔️ Gain Scenario: If Sui increases by 8%, your position yields a return of 8% × 5 = 40%.
Result: a gain of R8,000 on your ZAR 20,000 initial margin (fees excluded).

Final Advice

Always compare the fees, trading conditions, and security features of each platform before investing. Your choice between spot buying and trading via CFD should be tailored to your investment goals and experience with crypto. For a detailed comparison of the best platforms to buy Sui in South Africa, check out our platform comparator below on this page.

Our 7 tips for buying Sui

The latest news from the Sui

Sui’s recent integration with South African exchange VALR dramatically increases access to SUI for local investors. On 17 June 2024, VALR—one of ZA's largest and most compliant cryptocurrency exchanges—announced the launch of SUI/USDT and SUI/ZAR trading pairs. This enables direct trading of SUI for South African rand, greatly simplifying acquisition for local retail and institutional participants. VALR’s strong regulatory standing with the Financial Sector Conduct Authority (FSCA) further bolsters user confidence and sets the groundwork for broader domestic adoption.

Sui Foundation’s new DeFi partnerships are attracting South African developer and enterprise interest in building on the Sui network. Over the last week, Sui Foundation publicized collaborations with prominent DeFi projects looking to expand in emerging markets, including sub-Saharan Africa. These partnerships are gaining the attention of several South African-based fintech start-ups, who view Sui's high throughput and scalability as an opportunity to fast-track the launch of local DeFi and tokenization platforms.

The Sui blockchain ecosystem’s positive metrics and TVL growth signal strengthening interests among South African crypto analysts. This week, Sui’s total value locked (TVL) surpassed the $750 million mark, showcasing robust usage and expanding DeFi applications. Professional reports from ZA-based research firms highlight rising transaction volumes and increasing user wallet numbers, further supported by anecdotal evidence of growing retail trading communities focused on SUI within South Africa’s major metropolitan areas.

New FSCA guidance on digital asset compliance, published in mid-June, provides a more favorable landscape for Sui-focused projects. The Financial Sector Conduct Authority’s latest circular clarifies requirements around non-security digital tokens, providing legal certainty eagerly awaited by South African crypto entrepreneurs. Early expert commentary in national financial media has identified Sui-based offerings as well-poised to comply, especially for DeFi, gaming and NFT ventures anticipating local regulatory approval.

Sui’s educational and hackathon initiatives are engaging young ZA developers and supporting broader technical capacity-building in the region. In partnership with leading African universities and developer communities, the Sui Foundation supported recent workshops and a pan-African hackathon which included significant South African participation. Feedback from these events indicates growing interest in Move language development and direct onboarding to Sui mainnet, fueling optimism for sustained ecosystem growth localized within South Africa.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.