SUI Price Outlook Through 2029: Where Is This Layer-1 Token Headed?

As of January 2026, Sui (SUI) is trading at $1.30, reflecting a notable 9.96% pullback over the past month. Currently ranked as one of the top 20 cryptocurrencies, SUI maintains a circulating supply of approximately 3.79 billion tokens with a total market capitalization of $4.92 billion. While recent price action shows consolidation, technical analysts suggest this period may represent a critical accumulation phase before potential expansion through 2029.

2026: Foundation Year for Recovery

For 2026, analysts project SUI could establish a trading range with a floor near $1.45 and potential upside toward $4.78, averaging around $3.39 throughout the year. This wide range reflects market uncertainty following recent corrections. The development activity on Sui’s network and ecosystem expansion remain key metrics to monitor during this foundation year.

2027-2028: The Accumulation and Growth Phase

Entering 2027, price targets suggest movement toward $3.59-$5.46, with an average trading level near $5.33. This represents a significant recovery trajectory from current levels. By 2028, technical models indicate further progression to the $5.44-$7.92 range, with an average expectation of $7.53. This two-year period represents the critical growth phase where fundamental developments on Sui could validate higher valuations.

2029: The Long-Term Target Zone

Looking toward 2029, the multi-year projection suggests SUI could trade in the $7.47-$9.24 range, with an average anticipated price around $8.57. This represents approximately 6.5x growth from the current $1.30 level over a three-year span. Reaching the 2029 targets would require sustained network adoption, continued ecosystem development, and broader market conditions supporting Layer-1 blockchain tokens.

Key Considerations for Investors

These price projections are based on technical analysis and historical patterns but carry inherent uncertainty. Success in achieving 2029 targets depends on several factors: Sui’s competitive positioning versus rival Layer-1 platforms, developer adoption metrics, transaction volume growth, and overall crypto market sentiment. The current market correction provides context for understanding how far SUI could potentially move if bullish catalysts materialize over the coming years.