SEI and SUI Tokens Surge 30% and 44% in July Driven by DeFi Growth

SEI and SUI, two prominent Layer-1 blockchain tokens, have experienced significant price surges in July, driven by increased user activity and expanding Total Value Locked (TVL) across their respective DeFi ecosystems. As of July 15, SEI is trading around $0.34, marking a gain of over 30% for the month, while SUI is hovering near $3.94, reflecting a 44% increase.

This bullish momentum is fueled by rising interest in newer Layer-1 networks that offer scalability, low latency, and institutional-grade infrastructure. SEI Network has gained traction due to its focus on high-frequency trading infrastructure and parallelized execution. In July, SEI's TVL surged past $650 million, and daily transactions spiked over 200%, indicating a dramatic uptick in user participation. This on-chain strength has translated into market momentum, with SEI breaking key resistance levels around $0.27–$0.33 and now poised to retest the $0.35–$0.41 range. If bullish sentiment persists, analysts see the possibility of a longer-term rally toward the $0.94 mark, a price target backed by macro trendlines and Fibonacci extensions.

Sui Network (SUI) is another standout performer in July. Built on the Move language, Sui has seen exponential growth in DeFi usage, with its TVL crossing the $2.2 billion mark this month, setting a new all-time high. This surge in fundamentals has powered SUI past its key resistance at $3.89. With bullish market structure and rising open interest, traders are eyeing the $4.30 to $5.00 range as the next major hurdle. Sui’s developer ecosystem is also expanding rapidly, with new dApps and cross-chain integrations expected in Q3 2025, adding further tailwinds to its price action.

The SEI price has been maintaining a steep ascending trend since mid-June, forming consecutive higher highs and lows. The latest rise is a result of a breakout from the neckline of the double-bottom pattern. The price is constantly hitting the resistance at above $0.355, and hence, a breakout could be imminent. The 50-day MA & 200-day MA are about to undergo a bullish crossover, indicating a Golden Cross is on the horizon. With this, the SEI price has set up a bullish case to $0.4, and a secured rise above these levels may pave the way to test higher targets.

The SUI price maintains a consistent ascending trend and is trying hard to settle above $4. The SUI price is undergoing a V-shaped recovery and is about to mark the neckline at around $4.34. The MACD shows a rise in the buying volume, which could keep the price elevated, while the RSI has just entered the overbought range. Therefore, the SUI price is believed to reach the immediate highs at $4.35, which could form a strong base and push the price to $5.