- SUI rallied from $0.50 to $5.50 before retracing into a strong $2 support zone.
- App revenue topped $30M with 8.89% growth, showing solid user engagement.
- RSI shows consolidation as volume supports a bounce off key demand levels.
SUI’s ecosystem revenue reached $30 million on April 9, 2025, reflecting consistent protocol growth and user activity. This performance followed strong application deployment and increasing relevance across the broader crypto market.
Technical Price Reaction and Ecosystem Expansion
SUI’s price timespan shows a market cycle of breakout, rally, and retracement into prior support zones. The data covers activity between mid-2023 and early 2025, with price levels forming key reference points. A support zone around the $2 mark recently triggered a bounce.
Michael Van de Poppe has provided insights into the asset’s technical behavior and current consolidation. He stated that SUI broke out from a horizontal range between $0.50 and $1.50 in late 2023. The breakout led to a sharp rally, peaking near $5.50 in early 2025.
Source: Michael Van de Poppe
Michael noted that the price retraced into a previous zone between $1.70 and $2.50. The $2 level, once resistance, now holds as support during the correction. According to Van de Poppe, recent data shows a bounce near $1.70, with the price near $1.99.
The Relative Strength Index remains below 50, indicating no clear momentum. Volume stayed lower during the correction, showing limited sell pressure. Van de Poppe also marked a support retest, reinforcing the zone’s importance.
Price continues to react within this historical demand zone. Structure remains intact, supported by volume trends and RSI positioning. Technical levels continue to shape price direction and trader behavior.
Revenue Milestone and Protocol Growth Trajectory
DonEGG has presented a comparative analysis of SUI’s on-chain metrics over the past year. He tracked cumulative app revenue growth, which reached $30,051,739 by April 9, 2025. Revenue remained under $2 million until March 2024. By April 2024, growth accelerated, pushing past $10 million by September. Protocol usage increased through late 2024, driving revenue above $20 million before year-end.
Source: DonEGG
In Q1 2025, SUI added nearly $5 million, reaching current levels. DonEGG reported an 8.89% growth over the last 30 days. No revenue dips were recorded during the 15 months. The timespan uses a weekly aggregation and a cumulative format for long-term clarity. The revenue line shows steady growth without interruptions. User activity and application traction fueled ecosystem expansion.
