- Sui was able to expand his rally in H2 and become a peak year, Per Raoul mate.
- Altcoin underperformed sun at the end of Q3.
On (sul) Had a mixed performance in H1 2025, but could still be a top-five artist 2025, according to Raoul Pal, founder and CEO of Real Vision.
“Soana Killer” topped $ 5 in early January, but headwinds for the first quarter drew it to a loss of 44%. During the second quarter, however, Altcoin recovered 17%, and PAL expects even more winnings during H2.
In an X post projected Pal that Altcoin could hover Over $ 2.2An important support in April 2025, which was a previous resistance in 2024.
The marked That Altcoin in the long term would consolidate under $ 3.5 before a potential outbreak if BTC prints a new ATH.
“My opinion is that when BTC breaks ATHS, this starts to surpass again and will remain in the 5 best majors in performance in this cycle.”
Source: Tradingview
A dream or delayed potential?
In fact, Coytecko chimped into the conversation with a state that aroused curiosity. It shared that if Sui met Solana’s (sun) The $ 77 billion market ceiling, then altcoin can be valued at $ 22.9 – 8x.
Although it is an optimistic projection, says the SUI/SOL relationship in real time a different story.
Altcoin surpassed the sun with 56% at the end of April, but later in the second quarter. Since May, Sui has underperformed sun with 26%. Said in different ways, investors were better to keep sun than Sui late in the third quarter.
Source: Tradingview
The weakening could extend for a few weeks before a potential recovery if the relationship defends 0.016. If that happens, Altcoin can surpass sun with 56% again.
Since May, Altcoin has underperformed the sun with about 26%, and the SUI/SOL diagram reflects a 26.7% reduction.
As I said, the relationship floats close to its critical support at 0.0158. If this level holds, traders could see another 50%+ rebound in SUI/SOL PAR performance.
Defi boom, then bust
Suis recovery q2 was not just narrative drive- Part of the strong recovery was helped by the chain’s Defi -Drag power.
In April, Sui’s monthly Dex volume met $ 11 billion, from March $ 7 billion. This coincided with a wider market reset collection and Memecoin -Mani over the Sui Defi Ecosystem.
In May, the Dex volume climbed to a record height of $ 14.12 billion and pushed SUIS price to $ 4.2.
Since the Defi -Drag power needs SUI for fee payments, dipped the total demand for Altcoin also in June and pulled it from over $ 4 to $ 2.2.
Source: Defillama
Despite Juny’s cooling down, PAL’s long-term chart analysis shows the altcoin approaching the top of a symmetrical triangle-a pattern that is known to precede outbreaks.
