Recently, the Crypto Assets market has been experiencing constant fluctuations, with SUI coin performing notably. As of July 17, the price of SUI coin reached $3.91, with a market capitalization climbing to $13.83 billion. In the past 24 hours, it hit a high of $4.08, with a Trading Volume of 690 million SUI. The short-term moving averages show an upward trend, providing strong support for the price.

However, the future of SUI coin is not smooth sailing. On August 1, 2025, SUI will face an important token unlock, with approximately 56,909,200 tokens (worth about $223 million) being released, accounting for 0.57% of the total supply. Although this ratio is relatively small, it may still raise concerns in the market about potential selling pressure.

The recent rise of SUI coin has also been accompanied by controversy. Analyst @lightcrypto questioned whether the Sui Foundation sold tokens worth $400 million, although executives from the foundation and Mysten Labs denied this, stating that the operations were compliant and that the tokens were still subject to lock-up restrictions. However, this doubt has still somewhat affected market sentiment.

Nevertheless, the development of the SUI ecosystem remains a focal point of attention. A recent report by crypto assets investment giant Grayscale pointed out that Walrus could become a key data layer for the Sui ecosystem, and this news is seen as a positive signal for the future development of SUI.

Overall, the SUI coin is currently in a complex market environment. On one hand, its price performance is strong, and the ecosystem continues to develop; on the other hand, the upcoming token unlock and previous market doubts also bring uncertainty. While investors pay attention to SUI, they also need to closely monitor the potential impacts of these factors.