As of February 2, 2026, according to official data from the Gate platform, the real-time price of Sui (SUI) stands at $1.12.
The current daily trading volume is approximately $1.434 billion, indicating sustained market activity.
Over the past 24 hours, SUI’s price has declined by 2.73%. Extending the timeline to one week and one month, the price has dropped by 22.70% and 31.46%, respectively, reflecting some recent market pressure.
01 Current Price and Market Overview
Based on the latest data from the Gate platform on February 2, 2026, Sui’s token price is $1.12.
This figure is backed by a single-day trading volume of nearly $1.434 billion, ensuring robust market liquidity. Sui’s current market capitalization is about $43.1 billion, accounting for 0.41% of the total cryptocurrency market.
Taking a broader view, Sui’s price performance reveals a complex picture. The price fell 2.73% in the past 24 hours, dropped 22.70% over the past week, and slid 31.46% in the past month.
However, for long-term investors, short-term price fluctuations often reflect market sentiment rather than fundamental changes in the project’s value.
02 Recent Price Movements and Technical Analysis
Analyzing data from the Gate platform and other market sources, Sui’s recent price trajectory can be traced back to early 2026, when the price hovered around $1.47.
In mid-January 2026, the price briefly rebounded above $1.85, signaling a positive market attempt. However, the momentum did not last, and the price started to trend downward in late January.
Looking at recent trading data, Sui opened at $1.32 and closed at $1.27 on January 30.
The following day (January 31), the price continued to slide, opening at $1.27 and closing at $1.15, with daily trading volume exceeding $1 billion.
According to Gate’s market data, SUI closed at $1.1012 on February 1, with a daily decline of 4.52%. On February 2, the price fluctuated between $1.0619 and $1.1314, ultimately rising 2.33%, suggesting a brief recovery after a short-term drop.
From a technical perspective, Sui is currently testing key support levels. Although the price has pulled back significantly from its historical high of $5.35 in early 2025, its technical architecture and fundamentals remain unchanged.
03 Sui Project Fundamentals and Ecosystem
Sui is a Layer 1 blockchain built from the ground up to support the development of next-generation Web3 applications.
Its core technical innovations include the use of the Move programming language and a unique Narwhal & Bullshark consensus mechanism, enabling high throughput and low latency transaction processing. This design is especially suited for applications requiring fast, low-cost transactions.
In terms of tokenomics, Sui has a maximum supply of 10 billion tokens. The current circulating supply is about 3.84 billion, representing 38.46% of the total supply.
Sui tokens are primarily used to pay network transaction fees, participate in network staking to maintain security, and engage in governance voting.
On the ecosystem front, the Sui network has recently partnered with several major players, including a collaboration with Google Cloud to enhance AI tools for Web3 applications and integration with the Phantom wallet, bringing in 15 million potential users.
Despite the recent price correction, on-chain activity on the Sui network remains strong. Data shows that the network adds over 1 million new wallet addresses daily, with 80% created on the same day.
The total value locked (TVL) in Sui’s DeFi ecosystem grew by 42% in 2025, reaching $700 million.
04 Price Forecast and Market Outlook
Looking ahead, multiple market analysis firms have issued price forecasts for Sui. Gate platform data suggests that the average price of Sui in 2026 may be around $1.12, with a range between $0.8567 and $1.38.
From a longer-term perspective, projections indicate that by 2031, Sui’s price could reach $2.43, representing a potential 59% increase from current levels.
Below is a summary table of Sui price forecasts provided by Gate. Data is for reference only:
| Year | Forecasted Avg. Price (USD) | Forecasted High (USD) | Forecasted Low (USD) | Potential Change |
|---|---|---|---|---|
| 2026 | 1.12 | 1.38 | 0.8567 | - |
| 2027 | 1.25 | 1.84 | 0.817 | +12.00% |
| 2028 | 1.55 | 1.70 | 1.49 | +38.00% |
| 2029 | 1.62 | 1.79 | 1.10 | +45.00% |
| 2030 | 1.71 | 1.86 | 1.12 | +52.00% |
| 2031 | 1.78 | 2.43 | 1.41 | +59.00% |
Market analysts point out that Sui’s future price trends will be shaped by multiple factors. Execution of its technical roadmap, the pace of ecosystem expansion, and the broader cryptocurrency market environment will all play key roles.
A notable positive signal is the growing institutional interest—Canary Capital has filed for a SUI exchange-traded fund (ETF), which is often seen as an indicator of institutional confidence.
05 Sui Trading Advantages on Gate
As one of the world’s leading cryptocurrency exchanges, Gate offers comprehensive services and support for Sui traders.
Gate’s platform stands out for its deep liquidity and diverse selection of trading pairs, enabling investors to buy and sell Sui efficiently.
The platform also provides real-time price charts, advanced trading tools, and detailed market data to help traders make informed decisions. For users looking to hold Sui long-term, Gate offers secure storage solutions.
According to other market data, major exchanges similar to Gate, such as Kraken and CoinGecko, also support Sui trading. However, Gate is especially popular in the Asian market due to its user-friendly interface and competitive trading fees.
Outlook
Reflecting on Sui’s price trajectory—from its early 2025 peak near $5.35 to its current support around $1.12—this path outlines the typical cycle of an emerging blockchain project in the broader market.
The Sui network consistently processes hundreds of thousands of transactions daily, and its DeFi ecosystem has continued to grow even in challenging market conditions.
While market memory is often short-lived, technological innovation never stops. Sui’s Move language architecture and parallel processing capabilities are like deep roots, quietly preparing for the next crypto spring.
