A quiet shift is happening in the SUI world, and one of the loudest voices calling attention to it is Matthew Perry, the YouTube analyst known for breaking down market moves in a simple and relatable way. His channel holds more than 230,000 subscribers, and his latest update explains why he has been loading up on SUI while thinking about what Sui (SUI) price could look like in 2026.
A new favorite position rarely shows up for Matthew Perry because he often talks about being selective with long-term plays. His usual list includes XRP, JasmyCoin, and a few others with clear utility. However, his interest in SUI had been brewing for a long time, and he explained that he waited patiently to find the right entry.
Matthew Perry described how SUI price action has a habit of swinging harder than expected. His goal was to catch one of those overreactions at a low level. He missed the absolute bottom near $1 and the deep drops below that on TradingView data, yet he still found an entry near $1.34 that made sense for his plan. His transparency about this timing helps the conversation feel grounded instead of promotional.
How Matthew Perry Breaks Down the SUI Technology
A closer look at the project helped reinforce his conviction. SUI comes from Mysten Labs, a team of former Meta engineers, and was launched in 2023. Matthew Perry highlighted the design choices that make it a fast and scalable layer one blockchain. The SUI setup uses parallel transaction processing, the Move programming language, and an object-based model. These features support Web3 gaming, NFTs, DeFi, and other use cases that need speed and low latency.
His SUI description stressed that the network is actively being built, which is why he sees long-term value beyond the short-term market moves. He framed it as a project that is walking the walk rather than just promising big ideas.
The current SUI price sits near $1.70. Matthew Perry reviewed the full price history and noted how the token is down only slightly since its launch, which shows a relatively stable long-term base compared to other new layer ones. The SUI chart recorded a $5.35 high during the past year and a near $1 low during the biggest market pullback.
Matthew Perry talked through these numbers carefully. The past year saw SUI pull back with the broader altcoin crash, while tokens like XRP, Jasmine Coin, and even Ethereum struggled through the same cycle. He explained that these dips actually created some of the most attractive entries for SUI accumulation, even though he could not take advantage of the lowest prices at the time. The current market cap sits around $6.36 billion with volume above $1.60 billion and a circulating supply of about $3 billion tokens. His note about dilution showed that he is aware of the risks even while building a long-term thesis.
Why Matthew Perry Thinks 2026 Could Be A Turning Point
The future outlook became the central part of Matthew Perry’s breakdown. He reviewed a price prediction model stretching to 2030 and focused heavily on the 2026 range. The model suggests an average Sui price between $3.67 and $5. His view takes this even further. His expectation is that these levels could arrive earlier than many forecasts assume.
Matthew Perry suggested that 2026 may become a major year for altcoins if adoption continues building and the next full market cycle forms. His belief comes from watching previous cycles where tokens often reach their strongest momentum early in a bull phase rather than late. He compared the potential rise of SUI with earlier moments in crypto when solid projects began gaining attention after long periods of quiet development.
Matthew Perry made it clear that he does not treat SUI as a forever coin yet. His research is ongoing, and he wants to observe how the ecosystem grows before locking anything in. His balanced tone stands out, especially when he explained that he sees potential for the token to reach higher levels due to market expansion rather than hype driven predictions.
How Matthew Perry Plans To Approach SUI Over Time
A long term approach often depends on the state of the circulating supply and overall market cap. Matthew Perry believes SUI could eventually grow beyond $20 billion or even $30 billion in total valuation if adoption keeps rising. His comparison to XRP was simple. XRP still holds a large value because it has a defined use case and a broad community. SUI’s future depends on whether it maintains that same mix of utility and early-stage builders.
Matthew Perry’s strategy focuses on steady accumulation and a clear exit plan. His belief is that the strongest gains appear during the early periods of a new cycle, which is why he sees 2026 as a window worth watching. His discussion blended personal experience with historical market behavior, creating a grounded perspective on where SUI might fit in the coming years.
The broader idea running through Matthew Perry’s analysis is the importance of timing. Sui SUI price patterns show moments of strong volatility that can create both opportunity and risk. His story about waiting instead of jumping in too early highlights how patience shaped his long-term view. The potential rise in 2026 depends on adoption, user growth, and how well SUI continues to deliver on its stated goals.
The project has room to grow because it operates inside the expanding Web3 space. SUI supports gaming, NFTs, DeFi, and commerce, and new developers continue exploring its Move-based design. Matthew Perry emphasized that momentum in these sectors often leads to renewed attention once the broader market sentiment improves. His approach feels more like a roadmap than a simple prediction.