SUI token rallies 70% in a week, reaching $3.55, driven by strong TVL and DEX volume growth.
TVL on Sui blockchain rises 38%, hitting $1.64B, signaling increased network activity.
Stablecoin supply grows 82%, reaching $879M, boosting liquidity and capital inflows.
The Sui blockchain's native token called SUI achieved exceptional growth this week as it advanced 70% faster than other leading cryptocurrencies. The token reached $3.55 at the time of reporting while achieving a daily increase of 17% and demonstrating steady growth throughout the week. According to on-chain analytics the spike in activity stems from various essential metrics which demonstrate heightened network usage and user participation.
TVL and DEX Volume Surge Signal Strong Sui Momentum
Lookonchain’s data shows that network value locked experienced a 38% increase over the past week to a total of $1.641 billion. Decentralized finance platforms on the Sui blockchain are showing a significant rise in user engagement. The 7% increase in daily TVL indicates continuous capital investments into the network.
The Sui network experienced a substantial rise in decentralized exchange transaction volume during the same period. The 24-hour DEX volume reached $599 million after climbing by 177% which showcased expanding liquidity and rising trading interest. The trading volume growth happened alongside increased participation from retail and institutional investors which indicated positive market sentiment.
Stablecoin Growth Enhances Capital Inflows
The recent rally of the SUI token gained momentum through stablecoin activity alongside DEX volume and TVL. The Sui blockchain experienced stablecoin circulation growth from $482 million to $879 million in the span of two months. The significant increase in stablecoin supply demonstrated the network's improved capital inflow.
The expanding availability of stablecoins enables wider liquidity options for decentralized applications which makes the network more appealing to both users and developers. The rising value of stablecoins demonstrates stronger trust in blockchain's financial systems and its capacity for scalable on-chain services.
Stablecoin growth corresponds with the growing user demand for stable-value transactions alongside liquidity expansion. The sustained engagement trend across DeFi protocols emerges as a major contributor to the observed recent strength in SUI token prices.
Derivatives Activity Reflects Rising Market Confidence
Derivatives markets showed strong activity for the SUI token beyond the traditional spot markets. The 24% growth of futures open interest to $1.51 billion shows increased leveraged positions in the market. The trading volume for SUI derivatives hit $10.9 billion which represents a 37% surge over the past week.
These measurements reveal both active derivatives trading and rising trader belief in SUI's short-term price direction. Growing open interest shows that traders continue to monitor the market with plans to capitalize on future profitability.
The broader crypto market is trending upward while SUI continues to demonstrate superior performance. Bitcoin's value increased by 10% over the week whereas major altcoins such as Ethereum, XRP, and Solana experienced growth rates between 6% and 14%. During the period SUI stood out while it gained popularity from both adoption growth and increased trading actions.
