Futures open interest refers to the total value of open long and short positions in the futures market. When open interest is rising, it usually means traders are expecting volatility – and positioning accordingly.
Right now, SUI futures open interest is sitting close to $1.2 billion, the highest level it has ever recorded.
This puts SUI in the top 6 crypto assets by open interest, ahead of many other well-known altcoins. This kind of attention from traders often leads to explosive price moves – especially if it aligns with strong technical levels.
$SUI futures open interest remains near its all-time high at ~$1.2B, making it the 6th largest crypto asset by futures OI. pic.twitter.com/nKYiryrbPA
— glassnode (@glassnode) July 22, 2025
What you'll learn 👉
What the SUI Price Chart Shows
Looking at the daily chart, SUI is currently trading at $3.88, after a small pullback from recent highs above $4.00.
The trend is still bullish. SUI is well above its 200-day moving average, which currently sits at $3.24 – that level now acts as major support.
The RSI is around 62, so it’s not yet in the overbought zone. That gives the token room to climb higher if momentum picks up again.
So far, every pullback has been shallow, and the price continues to make higher lows and higher highs – a classic sign of a healthy uptrend.
SUI Price Prediction: Can It Break Higher?
If SUI breaks cleanly above the $4.00 resistance zone, the next price target would likely sit around $4.50–$4.80, where the price struggled in early 2025.
Above that? If open interest continues rising and market conditions stay bullish, $5.50 to $6.00 becomes a possible range.
But if the price fails to hold the $3.80–$3.85 range, it could retest support near $3.50, or in a deeper pullback, down to the 200-day MA at $3.24.
Read also: SUI vs Solana: Which Crypto Should You Bet On This Cycle?
Wrapping Up
All in all, SUI is showing strong signs of accumulation. Open interest at record highs suggests whales and institutions are paying attention – and the chart is confirming the trend.
As long as the broader market holds steady, and SUI can stay above $3.80, a move toward $5 looks increasingly likely.
Keep your eyes on that $4.00 breakout level – it might be the next ignition point.
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