The SUI blockchain has demonstrated a significant surge in decentralized exchange (DEX) activity, processing $408 million in trading volume within a 24-hour period. This event positioned SUI as one of the most active Layer 1 networks by trading volume, signaling robust user confidence and improved on-chain performance. The surge is part of a larger upward trend, with data showing SUI's DEX volume peaking at approximately $571 million and even $806 million on select days.
This activity reflects a drastic increase in decentralized finance (DeFi) participation on the SUI network. The growth in liquidity depth across key trading pairs is supported by developers releasing platforms that offer higher throughput and stable execution under peak load. In the first half of 2025, SUI handled around $48.4 billion in DEX trading volume, surpassing competitors like Avalanche, Polygon, and Optimism during the same period.
User adoption metrics are equally strong. Daily active addresses have recently exceeded 460,000, with a peak of over 2.2 million addresses recorded in June 2024—a tenfold increase from previous levels. This accelerating network adoption has led SUI to take the lead in daily users compared to several established competitors, attracting builders and new decentralized applications.
Liquidity metrics further support the trend, with SUI ranking as high as third in daily capital inflows through cross-chain bridges, behind only Arbitrum and Avalanche in certain periods. The network's total value locked (TVL) has climbed steadily, securing a 6th place among Layer 1 blockchains with approximately 1.89% of the total blockchain market share and over $2.26 billion locked in its protocols.
Technologically, SUI's object-based architecture, which supports parallel transaction processing, facilitates low fees and fast settlement, allowing developers to scale applications without compromising performance. The introduction of the Mysticeti consensus algorithm has further decreased latency, improving the user experience for DeFi and gaming applications.
Concurrently, the SUI token's price action has regained attention, consolidating near $1.41 after reclaiming a key EMA cluster. Technical indicators show momentum flipping from bearish to bullish, with increased volume and responsive buying pressure supporting the recovery. Traders are focused on whether the price can sustain strength above this level, as holding it could determine further upward movement. The token's range between $1.41 and immediate resistance points remains a critical area for market structure.
