Key Insights
- SUI crypto price continued to trade below the descending resistance after another rejection. This kept the broader bearish structure intact.
- SUI Network officially surpassed Hyperliquid in DEX volume, as seen in the data for the past 5 months.
- The TVL of SUI increased by 7.58% over the past seven days to approximately $915.48 million when writing.
Sui Network is among the best-performing Layer 1 blockchains thanks to its Move technology. However, its price action is lagging.
The altcoin was commanding more than $5 billion in capitalization. It was less than a third of its valuation in the past three months or so.
SUI crypto outperformed Hyperliquid (HYPE) on the DEX volume side while its Total Value Locked (TVL) rose. However, these performances failed to stabilize the price of SUI around the usual levels reached in 2025.
This piece will look to explain why the SUI crypto price remained under pressure after a failed attempt at recovery.
SUI Price Remains Under Pressure
The price action charts indicated that a descending resistance had prevented SUI crypto’s structure from recovering since the downturn in October. This “failed recovery” meant that the price could not get back into the $1.52–$1.56 range. Thus, it kept SUI crypto in a bearish falling trend, though the price was stabilizing above the consolidation zone around $1.30.
The sell pressure came mainly from the technical and fundamental factors. For instance, Bitwise’s ETF filing got people interested at first, but its entry into “SEC review limbo” stopped that interest. These factors probably resulted in this price weakness.
Furthermore, buyers were still having trouble believing in the price appreciation of the altcoin. This is because there was still too much supply left over from the token unlocks. SUI is now holding steady near key support levels between $1.20 and $1.31.
To change the story, there needs to be a high-volume breakout above diagonal resistance toward $1.80. In the meantime, structural pressure continues to favor a downward movement until a breakout occurs.
SUI Network’s DEX Volume Flips Hyperliquid
In other SUI crypto news, the altcoin surpassed Hyperliquid in decentralized exchange (DEX) volume.
On December 21st, its most recent daily volume reached $1.60 billion compared to HYPE’s $1.25 billion when writing. This indicated an increase in usage as the network improved and new partnerships emerged.
Even though Hyperliquid did well at first, its volume dropped to $1.25 billion. This is because the market was so volatile. The chart showed that SUI’s DEX volume had been higher than Hyperliquid’s since November 30th.
That of SUI peaked at $8 billion in September and October before going down when the broader market correction started. Despite the weakness in price, this development showed SUI’s DeFi momentum was strong.
SUI Crypto Weekly TVL Grows
Again, according to DefiLlama, SUI saw strong growth in TVL in late December, rising 7.58% over seven days to reach $915.48 million. This TVL spike showed that users were locking more of the supply into the ecosystem. That way, the ecosystem was getting busier because of protocol upgrades, new partnerships, and more people using it.
The weekly TVL chart outlined data from December 19 to 25. It started at about $850 million on the 19th, rose steadily to about $920 million in the middle of the week, and then leveled off at $915 million by the 25th.
Such small changes showed that inflows were steady. This was an indication that SUI was gaining ground even as the market as a whole was moving in the opposite direction.
Altogether, SUI crypto remained under pressure due to the bearish technical outlook. Bears confronted the attempted recovery with resistance, while bulls struggled to break the market structure.
