Currently, SUI is trading around $3.90, slightly down from the daily high of $4.25 and the low of $3.83. The 24-hour trading volume is approximately $671 million, indicating strong market interest.

This correction comes after 21Shares filed for the establishment of a SUI ETF fund in the US in early May, creating bullish expectations but also leading to short-term profit-taking.

Additionally, SUI's participation in a large token unlock event in May has also put supply pressure, making it difficult for the price to maintain its upward momentum.

However, with DEX on the SUI network achieving a trading volume of $3.8 billion/week, SUI still holds its position as one of the strongest DeFi-active blockchains currently. $SUI