SUI Analysts Set $5 Target as Van de Poppe Flags Recovery Signs

SUI0.45%
ARB1.21%
UNI3.12%
AAVE3.25%
ETHFI5.86%

Onchain analysts have listed $5, $8, and $13 as price targets for SUI, while crypto trader Michael van de Poppe flagged the token as showing 'early recovery signs' on July 13, as the altcoin season index climbed to 58. SUI currently trades near $0.78, up 1.6% over the past week but 85.7% below its all-time high of $5.35 set in January 2025, meaning the first $5 target would require a sixfold climb from current levels. The technical outlook sits against the backdrop of three Sui Foundation mainnet outages on May 28 and 29 that caused over 15 hours of combined downtime due to software upgrade bugs, though the foundation stated user funds were never at risk and fixes have since been deployed.

SUI Trades 85.7% Below All-Time High as Analysts Set $5 First Target

Onchain analysts stated that SUI has one of the 'cleanest charts' in crypto and that 'the higher timeframe structure still looks incredibly bullish.' They listed $5, $8, and $13 as levels being watched 'if the uptrend continues from here.' SUI currently sits near $0.78, up 1.6% over the past week, and remains 85.7% below its all-time high of $5.35 set in January 2025. Reaching the first $5 target would require SUI to climb roughly sixfold from current levels.

SUI technicals suggest an immense upside in the near to mid term.

Van de Poppe Names SUI for Accumulation on July 13

Crypto trader and analyst Michael van de Poppe named SUI as one of the key altcoins he is 'looking to accumulate.' On July 13, he identified SUI alongside ARB, UNI, AAVE, ETHFI, NEAR, ZEC, and SOL as coins 'showing early signs of recovery,' as the broader altcoin season index climbed to 58. Van de Poppe described infrastructure-layer tokens like SUI as 'performing better and better,' a data point he said points to markets nearing a turnaround, and stated he expects 'other Layer-1s to be starting an uptrend.' His assessment is directional and market-wide rather than a specific SUI price target.

Michael Van de Poppe comments on SUI.

Sui Foundation Confirms May 28-29 Outages Totaling 15+ Hours

The Sui Foundation confirmed in June that three mainnet outages on May 28 and 29 totaled more than 15 hours of combined downtime. The outages stemmed from bugs introduced in a software upgrade, one involving gas-fee logic and a second involving the network's randomness protocol failing to persist its state during validator restarts. The foundation stated that user funds were never at risk, no confirmed transactions were reversed, and fixes for both issues have since been rolled out.

FAQ

What price targets have analysts set for SUI? Onchain analysts have listed $5, $8, and $13 as the levels being watched for SUI if the uptrend continues from current levels.

What did Michael van de Poppe say about SUI on July 13? Michael van de Poppe named SUI as one of the key altcoins he is looking to accumulate and flagged it as showing 'early recovery signs' on July 13, when the altcoin season index climbed to 58.

What caused the Sui network outages on May 28 and 29? The Sui Foundation confirmed that three mainnet outages on May 28 and 29, totaling over 15 hours of downtime, stemmed from bugs in a software upgrade involving gas-fee logic and the network's randomness protocol failing to persist its state during validator restarts.

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