SUI Trading Volume Surge Suggests Potential for Market Rally Amid Increased User Activity

  • The recent surge in Sui’s price and trading volume has traders buzzing with excitement, marking a pivotal moment for the blockchain’s market presence.

  • Sui’s growth trajectory is underscored by the remarkable increase in active user accounts, which rose by over a million in just 24 hours, signaling robust adoption.

  • “With a significant jump in DEX trading volume, it’s evident that traders are more engaged than ever,” stated a source familiar with market trends.

Sui blockchain experiences a remarkable price surge and trading volume growth, reflecting heightened trader engagement and market optimism.

Volume surges amid user growth

The Sui blockchain has achieved a significant milestone this week. Recent analytics indicate that its trading volume has exceeded that of established networks like Polygon [POL], Tron [TRX], and Cardano [ADA] combined for the year 2025. This surge is a strong indicator of market momentum and user engagement.

As of now, the total decentralized exchange (DEX) trading volume for Sui has soared past $20 billion, showcasing a vibrant ecosystem. Such indicators often lead to positive price movements, and Sui’s activity suggests that traders are increasingly participating in its protocols.

Sui Trading Volume Chart

Source: X

This growth is clearly illustrated on Sui’s weekly chart, revealing that between the beginning of March and the present, the asset has maintained a steady price range between $3.30 and $2.69. The most recent 24-hour period has demonstrated a significant spike in DEX trading, reaching $65 million—an 11.25% increase compared to the previous month.

Furthermore, the dramatic uptick in active accounts suggests that user participation may be driving this price activity, hinting at potential continued gains for Sui in the trading hours ahead.

Sui Active Accounts Growth

Source: X

The increase in accounts corresponds closely with Sui’s recent price movements, implying that vibrant trading dynamics may lead to further appreciation of the asset in upcoming sessions.

Buying volume trends higher

In the derivatives market, buying volume is on the rise. A considerable number of trading accounts on Binance are currently engaging in long contracts, suggesting that traders are bullish on Sui’s prospects.

This bullish sentiment is corroborated by the Taker Buy/Sell Ratio, which now registers at 2.0148. This active trading behavior underscores that buying engagements far outweigh selling momentum among Binance users.

For context, a Taker Buy/Sell Ratio above 1 indicates that buy volume dominates over sell volume, a trend that could set the stage for a significant price rally if it continues.

Taker Buy/Sell Ratio Analysis

Source: Coinglass

Additionally, unfavorable liquidation data for short traders reveals that over $3.15 million worth of SUI contracts were liquidated recently, reinforcing the bullish sentiment and indicating a strong potential for upward price trajectories.

Conclusion

In summary, Sui’s current market performance points to significant trader engagement and optimism, with increased volume and accounts suggesting a strong potential for future price appreciation. As traders actively invest, their activity may establish a solid foundation for SUI’s growth trajectory.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

James Wynn Opens 40x Leveraged Bitcoin Short Amid Repeated Liquidations

James Wynn, a prominent trader, recently disclosed on Platform...

James Wynn Closes 40x Bitcoin Long Position, Incurs $70.71 Loss on BTC Trade

COINOTAG News reports that on June 8th, James Wynn...

Major SOL Whale Redeems $25M in Two Months, Transfers 50,000 SOL to Binance

According to data from Onchain Lens, a prominent whale...

Trump-Musk Rift Deepens as Sergio Gor Allegedly Exposes Jared Isaacman’s Political Donations

COINOTAG News reports that Sergio Gor, a key figure...

Coinbase Adds PancakeSwap to Listing Roadmap

Coinbase Adds PancakeSwap to Listing Roadmap $BNB #BNB
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img