$SUI

The SUI token from the Sui network is experiencing a strong surge this month, surpassing the $3.50 level after breaking through a significant resistance, reflecting strong trading momentum. The TVL indicator has risen to nearly $1.87 billion, indicating a notable increase in activity within the network and its vital infrastructure.

In the second quarter of 2025, the Sui network witnessed a remarkable expansion in DeFi applications, such as the introduction of sBTC and xBTC to support Bitcoin usage within the ecosystem, and a collaboration with 21Shares to launch a futures ETF on NASDAQ, enhancing the network's appeal to institutional investors. It also maintained TVL values above $2 billion, with trading volume growth of over 30% compared to the first quarter.

The Sui network has distinguished itself by offering low-cost and stable transaction technology, supporting gaming applications and smart contracts, alongside a strong development environment from Mysten Labs, which has effectively begun to establish its presence among the leading Layer 1 networks.

Traders are expecting SUI to reach $4.25–$5+ if institutional inflows continue and applications expand, making it one of the most prominent rising tokens in the second half of 2025.