Sushi Value Rises by 5.1% Following Introduction of New Perpetual DEX on Sui Network
- Sui Network's DeFi ecosystem grows with $2B TVL, 700K daily users, and HyperSui's $2M presale launch. - SUSHI/SUI token surged 5.1% in 24 hours but fell 62.22% annually, amid bullish analyst forecasts up to $11.20. - HyperSui's cross-chain presale and 27,000% projected token appreciation aim to boost Sui's TVL and institutional adoption. - Backtesting strategies analyze 5%+ daily SUI surges to validate long-term value potential from major DeFi product launches.
On November 1, 2025, SUSHI experienced a 5.1% increase over 24 hours, reaching $0.5125. Over the past week, SUSHI declined by 5.59%, saw a 5.1% gain in the last month, and dropped 62.22% over the previous year.
The
HyperSui, a recently launched native perpetual DEX on the Sui Network, has attracted attention with innovative liquidity models and AMM-driven trading. Should HyperSui’s rollout succeed in attracting both institutional and retail participants, it could substantially increase the Sui Network’s TVL and, consequently, drive up demand for the SUI token.
Experts at Brave New Coin predict that SUI could reach between $7.70 and $11.20, depending on market dynamics and continued positive sentiment. In contrast, CoinPedia offers a more cautious projection of $3.42 by the end of October 2025. These forecasts underscore the potential for substantial growth in SUI’s value if the DeFi sector continues to develop.
Backtest Hypothesis
The influence of HyperSui on SUI’s price can be evaluated using an event-driven backtesting method. This hypothesis focuses on identifying instances where SUI’s price jumped by at least 5% in a single day, signaling increased trading activity and investor interest following major news or product launches. After pinpointing these events, the backtest would analyze how SUI and related DeFi tokens performed in the subsequent days and weeks.
A backtest covering the period from January 1, 2022, to November 1, 2025, could reveal whether such price spikes are linked to long-term gains, particularly around significant launches like HyperSui’s perpetual DEX. The analysis would track daily closing prices for SUI and assess returns over 1, 7, 30, and 90 days after each event. This strategy would offer data-driven evidence to support the idea that major DeFi innovations, such as launching a new DEX, can trigger both short-term price swings and lasting value increases for associated tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin News Update: Crypto Market Liquidity Wipeout Wipes $370 Billion as Trader with Perfect Record Suffers $38 Million Loss
- October 2025 crypto crash erased $370B in 24 hours, triggered by Trump's 100% China tariff and liquidity purge. - A 100% win rate trader lost $38M as BTC/ETH fell 18-20%, with altcoins losing 60-80% amid $19.37B liquidations. - Fed's rate cut exacerbated panic, causing $890M in 24-hour liquidations and pushing Bitcoin dominance above 60%. - Analysts warn of systemic fragility from leverage, geopolitical risks, and U.S.-China tensions, calling it "the worst bull market ever."
Regulatory Oversight Compels Both Crypto and Conventional Companies to Reorganize
- LCX delisted tokens amid regulatory compliance reviews, reflecting crypto sector's struggle with evolving financial oversight standards. - Traditional firms like Lantheus and Quanex face securities lawsuits over alleged fraud, highlighting risks of non-compliance and investor losses. - Flux Power secured $9.6M funding to avoid Nasdaq delisting, illustrating volatile markets' delicate balance between liquidity and regulatory expectations. - Resolute Holdings and CompoSecure restructured operations in Q3 2
Mutuum Presale Competition: Investors Rush to Lock in Profits Before Prices Climb
- Mutuum Finance (MUTM) prepares to launch its V1 DeFi lending protocol on Sepolia Testnet in Q4 2025, having raised $18.2M in presale with Phase 6 at 80% completion. - The project features a dual-model lending ecosystem with mtTokens, automated liquidators, and a $50,000 bug bounty program to ensure security and stability. - Analysts project 500% returns from Phase 1's $0.01 price, driven by whale investments and a USD-pegged stablecoin plan to enhance liquidity and reduce volatility. - Price forecasts co
Bitcoin News Update: What’s Next for Bitcoin? Will a Fed Rate Cut Trigger a Rally or Prompt Investors to Hold Back?
- Bitcoin hovers near $107,000 as traders await the Fed's rate decision, with prediction markets pricing a near-certainty of a cut. - Market caution shifts capital to stablecoins, reflecting defensive positioning ahead of potential volatility post-Fed announcement. - A rate cut could reinforce bullish sentiment for Bitcoin if signaling prolonged easing, while delays or hawkish surprises may trigger pullbacks. - Divergent global signals emerge: Japan's Nikkei hits record highs while gold falls, highlighting
Trending news
MoreCrypto prices
More
