The Sui Network is rapidly emerging as one of the most dynamic Layer-1 blockchains in 2025, showcasing impressive growth in price, trading volume, ecosystem expansion, and institutional adoption.
Over the past 24 hours, $SUI surged by 9.12%, currently exchanging hands at $3.22, accompanied by a remarkable 128.51% increase in trading volume. This surge reflects strong market interest and growing confidence.
Source: CoinMarketCapEcosystem Momentum Meets Institutional Confidence
Sui is a high-performance Layer-1 blockchain designed for speed, scalability, and user-friendly development. It uses a unique object-based architecture, which makes data processing more efficient than traditional blockchains.
Sui supports parallel transaction execution, meaning it can handle many transactions at once. This makes it ideal for applications like DeFi, NFTs, and gaming that need high throughput.
The blockchain also uses the Move programming language for smart contracts. Move helps developers build modular, efficient contracts that are easy to manage and scale.
Sui’s total value locked (TVL) has grown significantly, from approximately $25 million at launch to over $1.9 billion, solidifying its status as a leading non-EVM chain.
The Sui network has seen remarkable user growth. As of November 28, 2024, there were 31.23 million active wallets, a clear sign of increasing adoption.
Currently, 3.45 billion $SUI tokens are in circulation, with a market cap of $11.13 billion.
On July 1, 2025, $SUI released 44 million tokens into the market. This made up 1.3% of its circulating supply and was worth about $122.3 million.
The next $SUI token unlock is set for August 3, 2025. It will release 49.5 million tokens, about 0.5% of the total supply, with an estimated value of $161.5 million.
Meanwhile, Bluefin has launched high-frequency trading (HFT) capabilities on the Sui Network, specifically tailored for institutional traders.
This upgrade, part of its Bluefin v2 platform, aims to offer an environment where institutional-grade traders can perform HFT within a decentralized infrastructure. This has significantly boosted institutional trading, accumulating over $43 billion in volume since its 2023 launch.
Investment giant Grayscale recently lent its support, stating that Sui is well-positioned to become the base layer for crypto’s next “killer application.”
Grayscale’s endorsement is a major confidence booster, further validating the project’s credibility and long-term vision. With whales entering the scene and institutional confidence growing, $SUI is quickly becoming one of the hottest tokens to watch.
Technical Analysis: $SUI/$USDT’s Bullish Breakout Gains Confirmation
The 4-hour chart of $SUI/$USDT shows a rounded base formation, which is a bullish reversal pattern. This U-shaped structure formed between June 22 and July 9 as prices stabilized and turned upward after a prolonged decline.
The pattern completed when the price broke above the $2.80 neckline resistance on July 9.
A sharp rise in trading volume confirmed the breakout.
The breakout was strong, backed by both price action and volume. $SUI’s token price climbed past previous highs, reaching $3.23 and setting a new short-term peak.
The MACD confirms the bullish move, with both the MACD and signal lines holding above zero. The expanding histogram also signals sustained bullish momentum.
Volume data (volume footprint above) further reinforces strong buying pressure during the breakout.
Before the breakout, multiple positive delta readings appeared, indicating steady buying pressure. On July 10, a large bullish candle was formed, showing a +2.92M delta with a total volume of 45.98M, including over 24.45M in buy volume.
Buyers aggressively lifted offers, and later candles maintained bullish pressure. A minor bearish imbalance emerged later, with a -828.19K delta, likely due to profit-taking near the recent high.
Prices remain above the breakout zone, suggesting that any pullback is likely to be corrective.
The next resistance sits between $3.40 and $3.50, while the former $2.80 resistance now acts as support. Holding above this level would support further upside.
The rounded base breakout is technically strong, supported by volume and momentum. If prices stay above $3.25 with sustained demand, higher targets may follow in the coming sessions.
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