Sui Price Today: February 2nd SUI Latest Market Trends and In-Depth Analysis

As of February 2, 2026, according to official data from the Gate platform, the real-time price of Sui (SUI) is $1.12.

The current daily market trading volume is approximately $1.434 billion, indicating sustained market activity.

In the past 24 hours, the price of SUI has decreased by 2.73%. Over a longer timeframe of one week and one month, the prices have fallen by 22.70% and 31.46%, respectively, reflecting recent market pressure.

01 Current Price and Market Overview

According to the latest data from the Gate platform on February 2, 2026, the token price of Sui is $1.12.

This figure is supported by a nearly $1.434 billion daily trading volume, demonstrating ample market liquidity. Sui’s market capitalization is currently about $43.1 billion, accounting for 0.41% of the entire cryptocurrency market.

From a broader time perspective, Sui’s price performance presents a complex picture. The past 24 hours saw a 2.73% decline, the past week a 22.70% drop, and the past month a 31.46% decrease.

However, for long-term investors, short-term price fluctuations are often reactions to market sentiment rather than fundamental changes in project value.

02 Recent Price Movements and Technical Analysis

By analyzing data from the Gate platform and other market sources, Sui’s recent price trend can be traced back to early 2026, when the price was around $1.47.

In mid-January 2026, the price briefly rebounded above $1.85, indicating positive market attempts. However, the rebound momentum was not sustained, and the price began oscillating downward in late January.

Specifically, in recent days, on January 30, Sui opened at $1.32 and closed at $1.27.

The next day (January 31), the price further declined, opening at $1.27 and closing at $1.15, with a daily trading volume exceeding $1 billion.

According to Gate’s market data, SUI closed at $1.1012 on February 1, a 4.52% decrease for the day. On February 2, the price fluctuated between $1.0619 and $1.1314, ultimately rising slightly by 2.33%, reflecting a short-term market rebound after a decline.

From a technical perspective, Sui is currently testing a key support level. Although the price has fallen significantly from the all-time high of $5.35 in early 2025, its technical structure and fundamentals have not undergone fundamental changes.

03 Sui Project Fundamentals and Ecosystem

Sui is a purpose-built Layer 1 blockchain designed to support the development of next-generation Web3 applications.

Its core technological innovations include the use of the Move programming language and the unique Narwhal & Bullshark consensus mechanism, enabling high throughput and low latency transaction processing. This design is particularly suitable for applications requiring fast, low-cost transactions.

In terms of token economics, Sui’s maximum supply is 10 billion tokens. Currently, about 3.84 billion tokens are in circulation, representing 38.46% of the total supply.

The Sui token is mainly used to pay network transaction fees, participate in network staking to maintain security, and engage in governance voting.

Regarding ecosystem development, the Sui network has recently partnered with several key collaborators, including a cooperation with Google Cloud to enhance AI tools for Web3 applications, and integration with the Phantom wallet, which has brought in 15 million potential users.

Despite recent price corrections, on-chain activity on the Sui network remains active. Data shows that the network adds over 1 million new wallet addresses daily, with 80% being newly created on the same day.

The total value locked (TVL) in the DeFi ecosystem grew by 42% in 2025, reaching a scale of $700 million.

04 Price Forecast and Market Outlook

Looking ahead, multiple market analysis agencies have provided price predictions for Sui. Data from the Gate platform indicates that the average price of Sui in 2026 could be around $1.12, with a range from $0.8567 to $1.38.

From a longer-term perspective, it is estimated that by 2031, Sui’s price could reach $2.43, representing an approximate 59% potential increase from the current price.

Below is a simplified table of Sui price forecasts provided by the Gate platform; data is for reference only:

Market analysts note that Sui’s future price movements will be influenced by multiple factors. The execution of its technical development roadmap, the speed of ecosystem expansion, and the broader cryptocurrency market environment will all play crucial roles.

Recent positive signals worth noting include increased institutional interest—Canary Capital has submitted an application for a SUI exchange-traded fund (ETF), which is often seen as a sign of institutional confidence.

05 Advantages of Trading Sui on the Gate Platform

As one of the world’s leading cryptocurrency trading platforms, Gate offers comprehensive services and support for Sui traders.

Gate’s notable features include its deep liquidity and a wide variety of trading pairs, enabling investors to efficiently buy and sell Sui.

The platform also provides real-time price charts, advanced trading tools, and detailed market data to help traders make more informed decisions. For users interested in long-term holding, Gate also offers secure storage solutions.

According to other market data, major trading platforms similar to Gate, such as Kraken and CoinGecko, also offer Sui trading services. However, Gate is especially popular in the Asian market for its user-friendly interface and competitive trading fees.

Future Outlook

Looking back at Sui’s price trajectory—from the peak near $5.35 in early 2025 to the current support around $1.12—this path outlines a typical cycle for an emerging blockchain project in the market.

The Sui network processes hundreds of thousands of transactions daily, and its DeFi ecosystem’s total value locked continues to grow despite market downturns.

Market memory is often short, but technological innovation marches on. Sui’s Move language architecture and parallel processing capabilities are like deep-rooted roots, quietly awaiting the next crypto spring.