Sui price surge continues as its ecosystem metrics show impressive momentum. The network’s native token has gained nearly 29% in the past week and 70% over the last 14 days. In contrast, the overall crypto market has risen just 1.3% during the same period.
This strong performance highlights renewed interest in Sui as a rising Layer-1 alternative.
Stablecoin Market Cap Nears All-Time High
The stablecoin market on Sui has rebounded sharply. According to DeFiLlama, the total market cap is now $886 million—just $2 million shy of its recent all-time high.
Stablecoin inflows have also picked up pace over the past year. On-chain analyst Torero Romero noted on X that 29% of ETH outflows via the Wormhole Bridge were redirected to Sui. This growing trend suggests that Sui is gaining traction despite Ethereum’s dominance.
TVL and DEX Volume Climb Steadily
Sui’s total value locked (TVL) has now reached $1.78 billion. It’s closing in on the January peak of $2.08 billion. At the same time, decentralized exchanges on Sui are booming.
Weekly DEX volume jumped to $3.64 billion last week—a 75% rise from $2.08 billion the week before. This signals growing user and developer activity across the ecosystem.
SUI Price Breaks Out with Strong Technicals
SUI is currently trading at $3.56 after breaking out of a consolidation phase. The price remains above the 50-day moving average of $2.70 and is closing above the upper Bollinger Band—both strong bullish indicators.
Trading volume continues to rise, supporting the recent price rally. With a Relative Strength Index (RSI) of 76, SUI is currently in overbought territory. While this could lead to short-term cooling, it doesn’t necessarily mean a trend reversal.
If bulls break above the $3.95 resistance, the next target is likely near $4.50.
Key Levels to Watch
- Resistance: $3.95, then $4.50
- Support: $3.51 and $2.70
- Deeper pullback zone: $2.00–$2.20, if the trend weakens
