Sui Cryptocurrency approaches $ 3: major trading visions Flash news details

On April 23, 2025, Cryptocurrency Sui approached a large $ 3 mark, as Gordon was noticed on X (previously Twitter) (Gordon, 2025). At 10:00 am World time, the Sui price was recorded at $ 2.98, which reflects a 5 % increase from the conclusion of the previous day of $ 2.84 (Coingecko, 2025). This increase in the price was accompanied by a rise in trading volume, as SUI witnessed a volume of 120 million SUI icons that were circulated during the past 24 hours, an increase of 90 million circulated the previous day (Coinmarketcap, 2025). This indicates an increase in the investor’s interest and the potential purchase pressure, as SUI approaches this psychological threshold.

Approval to $ 3 has significant trading effects. The SUI/USDT trading pair on Binance showed an increase in volatility, as the price swings between $ 2.95 and $ 3.02 within 30 minutes starting at 10:30 am UDP (Binance, 2025). This volatility indicates that merchants are actively putting themselves around the level of $ 3, and they may expect an outbreak or reflection. Moreover, the Sui/ETH pair on uniswAP witnessed a similar trend, as the price increased by 3 % to 0.001 ETH at 11:00 am UNISWAP (2025). This movement in the Sui/ETH husband indicates that interest in Sui is not limited to USDT pairs, but it extends through different commercial pairs, which offers a broader market participation.

Technical analysis reveals that SUI has been circulated above its mobile average for 50 days, which is $ 2.75 since April 15, 2025, indicating a bullish trend (TradingView, 2025). SUI’s RSI was 68 years old as of 11:30 am UTC, indicating that the original may approach the peak of purchase but still has space before reaching the peak doorstep of 70 (Investing.com, 2025). The scales on the series support these upscale feelings, as the number of active SUI addresses increased by 10 % to 50,000 during the past week, as stated on April 22, 2025 (Cryptoquant, 2025). This increase in active headlines indicates the growth of network activity and the possibility of increasing prices.

Regarding developments related to lack of intelligence, there was no direct impact on SUI of modern artificial intelligence news. However, the morale of the broader encryption market, which is affected by the progress of artificial intelligence, is still positive. For example, the announcement of a new trading platform from AI on April 20, 2025, increased by 2 % in major stock trading sizes, including 1.5 % in SUI trading volume (Coinbase, 2025). This link indicates that the developments of artificial intelligence can indirectly affect the SUI market dynamics by enhancing the morale of comprehensive market and trading activity.

Common questions:
What is the current price for me? As of 10:00 am International time on April 23, 2025, the price of $ 2.98 was $ 2.98 (Coingecko, 2025).
How did the SUI trading recently change? SUI trading volume has increased to 120 million symbols in the past 24 hours as of April 23, 2025, an increase of 90 million in the previous day (Coinmarketcap, 2025).
What are the technical indicators that you suggest about a way? SUI is trading above its 50 -day moving average of $ 2.75 since April 15, 2025, indicating a bullish trend (TradingView, 2025).