The native token of the Sui Network, SUI, ranks second in market capitalization with a value of $11.01 billion. Priced at $3.24, SUI has recently experienced a 2.2% daily decline and a 12.3% weekly drop, indicating signs of short-term volatility.
Still, SUI serves as the backbone of the network’s staking, gas fee payments, and governance. With a 24-hour trading volume of over $705 million, demand for SUI is strong, although speculative pressure and broader market sentiment continue to influence price swings. As core infrastructure and developer tooling expand, many expect SUI to regain momentum mid-2025.
