Sui's Integration with Axelar Boosts Token 177% Against Solana

Sui, an innovative layer-1 blockchain platform, has been making significant strides in the cryptocurrency landscape. The platform is designed to provide a safe, strong, and expandable development environment to meet the demands of worldwide adoption. Sui uses the safe Move programming language and a new object-centric data model to address inefficiencies found in current blockchain designs. The platform prioritizes user experience by removing common obstacles associated with blockchain interactions, such as programmable transaction blocks, sponsored transactions, and zkLogin, which enhance the Web3 user experience by making apps accessible and easy to use.

Sui's integration into the Axelar Network on May 8, 2025, marked a significant milestone. This collaboration enables cross-chain interoperability, allowing developers to create apps that connect to users on different blockchains. The integration, along with features like institutional-grade security and zkLogin, has strengthened Sui's value proposition. The market responded swiftly to this news, indicating high developer and investor trust in the ecosystem.

From a technical standpoint, Sui has shown fresh bullish momentum after rising from its most recent local low. The token is attempting to recover an important barrier at $4.00 and is currently trading close to $3.95. Technical indicators like the RSI and MACD on the daily chart are becoming bullish, signaling rising purchasing pressure. Analysts on social media platforms have noted a possible inverted head-and-shoulders breakout, with some predicting short-term targets of $4.65 and above. If Sui maintains its structure and breaks above the $4.20–$4.30 resistance zone with high volume, a rally toward $6 could be possible in May 2025.

Sui's institutional inflows hit $11.7 million, indicating relatively stronger network traction for Sui, which could offer better investor returns. Sui has remained fairly dominant on the price performance front, especially in late 2024 and in the recent Q2 2025 recovery. Between last November and mid-January 2025, Sui gained 177% against Solana, and it rallied 60% extra against Solana in the recent recovery. This performance suggests that Sui is more primed for better investor returns than Solana.

On-chain signals support Sui's outperformance scenario. Although Solana was dominant in daily active addresses, TVL (total value locked), and DEX volumes, Sui registered a significantly higher uptick in traction on a year-to-date (YTD) basis. According to Artemis data, Sui’s daily active addresses surged 137% to 1.5 million on a YTD basis, while Solana’s users declined 24% to 3.8 million. The DEX volume, which tracks speculative activity within the ecosystem, surged nearly 140% while Solana posted only an 8% uptick. This network traction is reflective of Sui's price outperformance, and if the trend continues, it could lead Solana again on the price front.

Crypto analyst Ali Martinez suggested that Sui could extend its recovery to its all-time high of $5.4, indicating a potential 34% jump from the current $4 level. Analyst Kaleo noted that Sui’s price action mirrored Solana’s trend in the 2020-2021 cycle, suggesting that the altcoin could print a new ATH if the correlation stayed positive. Another potential catalyst for Sui's advance is the recent Phantom wallet integration, which could further juice speculative interest and boost Sui’s DEX volume and overall price. Overall, Sui has idiosyncratic catalysts to fuel its advance to a new ATH above $5.4. However, any negative macro update could stall the risk-on sentiment and the rally.