Can SUI Price Repeat Solana Wild 2021 Spikes in This Bull Run?

Altcoin Buzz didn’t hold back in its latest video as it dug into whether SUI price could echo Solana’s incredible bull run in 2021. And while SUI has some clear momentum, the channel emphasized that this journey might look different than Solana’s 100x explosion. Still, the network’s activity and integrations make a strong case for a significant move upward.

The analyst began by walking viewers through the recent Cedus protocol exploit that shook the SUI ecosystem. Cedus suffered a $220 million hack, crashing the CUS token and pulling down other SUI-based projects. However, it’s important to note that SUI itself wasn’t exploited. The Miston Labs team acted fast, freezing $160 million, offering a $6 million bounty, and reportedly negotiating the return of the remaining $60 million. The channel made it clear: “We don’t think this cools off SUI’s momentum.”

Despite the fear, Altcoin Buzz praised how Mysten Labs handled the situation, suggesting this might even set up a rebound. In fact, the analyst believes SUI’s long-term strength remains intact. That confidence comes partly from something big: Microsoft has integrated SUI into Microsoft Fabric through the Space and Time mainnet, alongside just two other chains, Bitcoin and Ethereum. That’s elite company, and as the video points out, “Makes it a pretty big news story.”

SUI Price May Not Replicate Solana Spikes

The channel then walked through SUI’s impressive numbers. It’s up 7x since September 2024, moving from around $0.78 to over $5.35. While the analyst doesn’t predict a Solana-style 100x repeat, they think another 5x or 10x move from here is not out of the question.

The current dip? It’s likely due to the Cedus news, and if history is any guide, SUI tends to recover fast from these kinds of pullbacks.

Bridges, Liquidity, and Stablecoin Growth on SUI

Technically, the network has real advantages. Move VM 2.0 now allows for 30% to 65% faster transactions. Pilot Fish brings scalability improvements for validators, while the Move Registry adds human-readable names for on-chain packages. According to the analyst, “This is what makes SUI what it is.”

Bridges and liquidity support are also scaling fast. SUI now supports Axelar and LI.FI Bridges, which allow swaps across EVM chains, Solana, and even Bitcoin. OKX has launched xBTC with SUI as one of the supported chains, and there’s already $600 worth of BTC circulating on SUI. Stablecoin inflows have hit $184 million and $83.4 million on consecutive days, pushing total TVL to $1 billion — double what it was two months ago.

Read Also: Dogecoin Supercycle Could Start Next Week if This Bitcoin Signal Plays Out

Ecosystem projects are also gaining attention. Walrus Protocol (WALLW), built by Miston Labs, powers decentralized storage and has already been adopted by major players like Pudgy Penguins. DeepBook (DE) delivers a DEX experience that feels as smooth as centralized trading. Meanwhile, Haedal Protocol (HAEDEL) offers liquid staking, and although its token is down due to Cedus fallout, its low market cap of $32.4 million might present a solid entry point.

Altcoin Buzz closed the video by reminding viewers that while SUI may not match Solana’s 2021 surge exactly, its ecosystem strength, fast-growing liquidity, and developer tools are creating a bullish setup. And with a dip in place now, the timing for entry, as they suggested, could prove ideal if momentum returns.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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