$SUI Gaining Strong Traction on Binance
SUI has been picking up serious momentum on
#Binance recently, driven by a combination of strong on-chain activity, ETF buzz, and network upgrades.
In May, DEX volumes on the Sui network hit $14.8 billion, nearly 4× the monthly average. Its DeFi TVL surged to $2.34 billion, marking a 7.7% jump in just 24 hours.
Adding to the excitement, Nasdaq filed for a spot SUI ETF via 21Shares, which pushed prices above $3.49 on strong volume. Binance also recorded net positive inflows of $54.9M, signaling growing investor demand.
On the technical side, the Mysticeti consensus upgrade improved transaction speeds and DeFi performance, while new partnerships with Wormhole and OKX Wallet boosted the ecosystem’s appeal.
Although a recent token unlock of 44M SUI caused a brief 9% dip, strong market activity and institutional interest have kept momentum alive.
Key resistance remains at $3.50–$4.00 traders are watching closely.
Just spotted this and had to share with the community $DMC (DeLorean) is now live on BingX for both Spot and Perpetual Futures trading
For those who don’t know, DeLorean Labs is the Web3 division of the iconic DeLorean Motor Company (yes, the Back to the Future car ) What is interesting is they’ve built this on Sui blockchain, offering real-world car reservations, on-chain vehicle data, maintenance records, and more.
I have jumped in on
#BingX to grab some $DMC bags and test out the futures market too the pair already picking up some solid activity.
For those in the Sui fam or RWA (real-world assets) believers, this could be one to keep an eye on.
Anyone else trading $DMC yet? Drop your take below👇