SUI $7 Price Prediction Lacks Official Validation, Fueling Investor Skepticism

09.08.2025 16:25

Speculative forecasts suggesting SUI could reach $7 by late 2025 are circulating without endorsement from SUI's leadership or official channels. Mysten Labs CEO Evan Cheng explicitly stated: "As of now, no official target price for SUI has been announced from our team or in the public domain", casting doubt on these projections. The predictions, attributed to external analysts' models, reference potential factors like a $1 trillion stablecoin surge and Swiss banking partnerships—neither confirmed by Sui Network nor financial institutions.

Despite community discussions, no tangible evidence links these forecasts to recent market activities or institutional backing. Historical parallels with Layer-1 tokens like Solana (SOL) exist, but Sui lacks comparable verified cases. The absence of validation coincides with Mysten Labs' focus on technological advancements and DeFi ecosystem growth rather than price speculation.

Market analysts warn that unverified predictions may temporarily influence trader sentiment but note no measurable capital influx or exchange reactions supporting the $7 target. This disconnect underscores heightened investor caution amid unsubstantiated cryptocurrency projections.

Sources
SUI Price Speculation Lacks Official Confirmation
bitcoininfonews.com 09.08.2025 15:47
SUI Price Speculation Lacks Official Backing
theccpress.com 09.08.2025 13:11