The cryptocurrency industry was painted green yet again. While several assets were recording a slight uptick, assets like Dogecoin (DOGE) and Shiba Inu (SHIB) were pocketing double-digit gains. Meanwhile, fairly new cryptocurrencies like SUI did not fall behind. The altcoin was up by over 8%. While the asset had a challenging time throughout the month, things seem to be changing for SUI as March comes to an end. Will the asset carry this trend into the new month is the real question.
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SUI Surges By 10% Throughout the Past Week
The past seven days have been eventful for SUI. The altcoin went from trading at a low of $2.24 all the way to a high of $2.617. This comes after a 10.61% rise during this period. At the time of writing, the asset was priced at $2.59 following an 8.06% uptick over the last 24 hours.
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The asset’s latest uptick could be related to exchange-traded funds (ETF). Last week, Canary Capital filed for a very first SUI ETF with the Securities and Exchange Commission (SEC). The asset’s addition to the list put SUI under the spotlight.
April 2025 Price Prediction
April is slated to be a bullish month for the SUI market. The asset is all set to record a new peak much higher than its previous all-time high. SUI hit a high of $5.35 about three months ago at the beginning of January 2025. According to data from CoinCodex, Sui Crypto might rise as high as $1.17 by the beginning of the second quarter of this year. This represents a 369.36% shift from the current price. An average price of $10.25 is anticipated for SUI, which is predicted to move between $7.95 on the lower end and $12.17 on the top end.
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