Complete Gate Post tasks to upgrade your rank

Credit Ranking

[//]:content-type-MARKDOWN-DONOT-DELETE
According to the market data from Gate.io, the popular Layer1 project <a  rel="nofollow noopener noreferrer"  href="/trade/SUI_USDT?ch=ann5994" target="_blank" class="blog_inner_link">SUI</a> is currently priced at $3.55, with a 24h increase of 11.25%. In the Layer1 sector, SUI is the best-performing token in the past six months, rising from a low of $0.5 in August to around $5.3, an overall increase of nearly 10 times. SUI's current circulating market value is $11 billion, ranking 13th in the overall market. Compared to the historical high of $5.35 for SUI token earlier this year, SUI has dropped by about 35%. SUI has conquered the market with strong price performance in the past six months, once claiming [Solana](/price/solana-sol) Does the killer's Sui Network have a chance to stand out in the fiercely competitive Layer1 race?

![](https://gimg2.gateimg.com/image/article/1739280340sui-layer.png)

## SUI Market Analysis

### Current Market Overview

- Current Price: 3.5528 USDT
- 24h increase: 11.25%
- 24h Highest Price: 3.5852 USDT
- 24h Lowest Price: 3.1670 USDT
- 24h Trading Volume: 21,629,144.36 SUI
- 24h Net Inflow: 9,553,525 USDT
- Market Sentiment Index: 47 (Neutral)

### Support and resistance levels

- Support Level: 3.1461 USDT
- Resistance level: 3.6582 USDT

## Trading Strategy Advice

### Strategy 1: Short-term Long Strategy

- Direction: Long
- Entry price: 3.55 USDT (near current price)
- Stop loss level: 3.15 USDT (below the support level)
- Target: 3.65 USDT (resistance level)

Reasons and Characteristics: The current market sentiment is neutral, and the inflow of funds is greater than the outflow, showing a certain buying interest. The price is above the support level, with the possibility of a short-term rebound. The target is set near the resistance level, with relatively controllable risk.

### Strategy 2: Breakthrough Trading Strategy

- Direction: Bullish
- Entry price: 3.66 USDT (after breaking the resistance level)
- Stop Loss: 3.55 USDT (below the current price)
- Target price: 3.80 USDT (psychological barrier)

Reasons and Features: If the price breaks through 3.66 USDT, it may trigger more buying interest and form a strong upward trend. Set the stop loss below the current price to prevent false breakouts. The target is set at 3.80 USDT, considering the psychological level of the market.

## How to buy SUI Token on Gate.io

### Step 1: Register and complete the Gate.io account verification process

1. Register an account


   - Visit the Gate.io official website, click the 'Register' button, fill in your email/phone number and set a password.
   - Complete human-machine verification (such as puzzle or SMS verification code).
2. Identity Verification

   - After logging in, go to [Profile] - [Identity Verification], and upload your identification documents (such as passport or ID card) as instructed.

### Step 2: Deposit funds to your account

1. Choose Deposit Currency


   - If you want to purchase SUI directly, you need to first deposit USDT (<a href="/price/tether-usdt" target="_blank" class="blog_inner_link">Tether</a>) or other supported cryptocurrencies like BTC or ETH.
2. Get Deposit Address


   - Click on the top navigation bar [Wallet]-[Spot Account]-[Deposit].

   - Search for "USDT", select the chain that matches your funds (such as ERC-20, TRC-20, or BEP-20).

   - Copy the generated deposit address and transfer USDT from other platforms or wallets.
3. Waiting for account


   - Recharge usually takes 5-10 minutes to arrive (depending on network congestion).

### Step 3: Search and purchase SUI

1. Search for SUI trading pairs


   - In the Gate.io app or the search bar at the top of the official website, enter 'SUI' to find the corresponding trading pair (e.g. SUI/USDT).
2. Place an order to buy


   - Market order: buy at the current market price; enter the amount of USDT you want to buy, and the system will automatically calculate the amount of SUI you can get.

   - Limit Order: Set the desired price and the transaction will be executed when the market reaches that price.

   - After confirming the order information, click "Buy SUI".
3. Complete transaction


   - After a successful purchase, SUI will be deposited into your spot account.

   - You can view your position in 【Wallet】-【Spot Account】.

By following the above steps, you have successfully purchased SUI Token on Gate.io. It is recommended to keep an eye on project updates, market trends, and platform announcements, and always prioritize the security of your funds. Cryptocurrency investment requires rational decision-making to avoid blind following.

## Sui Project Introduction

SUI Blockchain is a high-performance, scalable layer 1 blockchain platform developed by Mysten Labs, aiming to support decentralized applications (DApps) and decentralized finance (DeFi) projects. Its core technologies include Object Model and Parallel Execution, which significantly improve throughput and processing speed.

Sui combines the Narwhal and Tusk consensus protocols to ensure high performance and low latency even under high loads. The platform uses the Move programming language designed specifically for blockchain, focusing on the security and flexibility of smart contracts, and is widely used in the DeFi, NFT market, gaming, and metaverse fields. With its high-speed, low-cost transactions and strong scalability, Sui has attracted investments from top institutions such as a16z, demonstrating the enormous potential to build decentralized application infrastructure.

On September 1, 2024, SUI unlocked tokens worth over $60 million. However, after the unlock, SUI's price remained strong and there was no immediate drop. There was a community view at the time that these unlocked tokens of SUI had been absorbed through over-the-counter transactions with venture capital institutions, hence no selling pressure was formed in the secondary market. It now appears that the funding support SUI received at that time provided a solid foundation for its strong price performance later on.

![](https://gimg2.gateimg.com/image/article/1739280434sui-phone.png)

In addition, Sui launched a game console called SuiPlay0X1 last year, which is expected to be delivered in 2025. Some believe that this game console, launched by Sui, is somewhat similar to the Saga phone previously launched by <a href="/price/solana-sol" target="_blank" class="blog_inner_link">Solana</a>, and may receive some ecosystem tokens airdrop in the future. This game console is the first handheld gaming device integrated with Sui's native blockchain technology. The device natively supports Sui games, as well as the Steam and Epic game libraries, combining the experience of AAA games with the new digital asset features brought by blockchain technology.

<div class="blog-details-info"><div>Author:<strong>Icing</strong>, Gate.io researcher
  <div class="info-tips">*This article represents only the author&#39;s point of view and does not constitute any trading advice. Investment carries risks, and users need to make decisions carefully.<div>*This article is original and the copyright belongs to Gate.io. If you need to reprint, please indicate the author and source, otherwise legal responsibilities will be pursued.
</div><p></p>
</div></div></div>

简体中文

English

Tiếng Việt

Español

Русский язык

Français

ภาษาไทย

日本語

Indonesia

Deutsch

عربي

Português (Portugal]

Português (Brasil]

繁體中文

Українська

Compared to the historical high of $5.35 for SUI tokens at the beginning of this year, SUI has fallen by about 35%, but SUI has still conquered the market with its strong price performance in the past six months.

福利中心

小红花-Learn & Explore-博客

小红花-Learn & Explore-快讯

币圈-币圈-未来事件

小红花-Learn & Explore-聊天室

小红花-Learn & Explore-直播

小红花-Learn & Explore-动态

币圈

Gate OTC

芝麻金融-更多-财富管理

机构-APIs

机构-大宗交易服务

机构-经纪商项目

全球做市商计划

机构-托管和资产管理

机构借贷

机构-做市商项目

小红花-Promotions-机构和VIP服务

量化基金

机构-基础架构

机构-交易

机构-金融

结构化产品

机构-主页

衍生品-统一账户

芝麻金融-更多-抵押借币

vip服务

机构

策略跟单

现货跟单

交易-合约跟单

跟单

量化策略-探索

量化策略-进阶

量化策略-基础

交易-机器人广场

创建机器人

探索机器人

杠杆网格

无限网格

期现套利

组合指标策略

智能调仓

现货马丁格尔

合约网格

现货网格

交易机器人

芝麻金融-更多-ETH2.0挖矿

芝麻金融-更多-法币理财

链上赚币

芝麻金融-理财-双币宝

芝麻金融-理财-定期理财(屯币)

芝麻金融-理财-结构性理财

芝麻金融-理财-理财宝

芝麻金融-理财-余币宝

GT挖矿

芝麻金融-更多（理财产品）

芝麻金融-理财（打新）

launchpool

launchpad

赚币-HODLer Airdrop

candy_drop

web3 Airdrop

赚币

模拟交易

衍生品-期权

衍生品-交割合约

衍生品-永续合约

合约入门

合约活动

衍生品

交易-杠杆ETF

交易-杠杆交易

交易-闪兑

交易-现货交易

交易-创新交易

交易-交易工具

交易-交易类型

交易-盘前交易

交易

行情

买币-gateCard

卖币

买币-快捷交易

买币

买币-paywith

法币定投

小红花-推广

新手指南

活动中心

小红花-Learn & Explore-学院

小红花-Exchange-最新公告

小红花-Exchange-帮助中心

gate商店

小红花-Promotions-邀请计划

小红花-promotions-代理商

储备金

合作伙伴

cextg小程序

小红花

web3

What Is the Price of Sui? Where Can I Buy Sui Coin?