Sui Blockchain Surges Past Polygon Tron Cardano in Trading Volume

The recent surge in Sui’s trading volume has sparked excitement among traders, marking a significant moment for the blockchain’s market presence. This surge is accompanied by a remarkable increase in active user accounts, which rose by over a million in just 24 hours, indicating robust adoption and heightened user engagement.

The Sui blockchain has achieved a notable milestone this week, with its trading volume exceeding that of established networks like Polygon, Tron, and Cardano combined for the year 2025. This surge is a strong indicator of market momentum and user engagement, with the total decentralized exchange (DEX) trading volume for Sui soaring 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’s weekly chart reveals 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. 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.

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.

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. 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.