SUI Price Surges 70% as TVL and DEX Volume Explode

The SUI price rally has surged by 70% over the past week, reaching approximately $3.52. This significant increase is supported by a substantial rise in the Total Value Locked (TVL) on the Sui blockchain, which has hit $1.64 billion. The TVL growth indicates a strong influx of capital into the Sui ecosystem, as more users and investors are locking their assets into various protocols and applications built on the platform. This surge in TVL is a clear sign of growing confidence and interest in the Sui blockchain, as users are willing to commit their funds to the ecosystem for extended periods.

The decentralized exchange (DEX) volume on the Sui blockchain has also seen explosive growth, soaring by 177% to $599 million. This remarkable increase in trading activity highlights the increasing demand for SUI tokens and the overall liquidity within the Sui ecosystem. The surge in DEX volume is a testament to the platform's ability to facilitate efficient and seamless trading of digital assets, attracting more users and liquidity providers to its decentralized exchanges. Additionally, the stablecoin supply on the Sui blockchain has expanded by 82% to $879 million, further strengthening liquidity across DeFi protocols. Higher stablecoin supply means users and developers can access a deeper crypto market, boosting confidence in the ecosystem.

Beyond spot market action, derivatives activity around SUI shows strong conviction among traders. Open interest in SUI futures jumped 24% over the week, reaching $1.51 billion, indicating more leveraged positions entering the crypto market. Simultaneously, the SUI derivatives trading volume surged by 37%, hitting $10.9 billion. This growth reflects growing traders’ belief in the SUI price rally sustaining momentum. Historically, rising open interest combined with higher volume is a bullish sign, as it points to ongoing speculative interest. With strong fundamentals backing up the speculative flows, SUI’s future trajectory looks increasingly promising for bulls.

The SUI price rally faces its next major test at the $3.60 resistance zone. If bulls push through this level, the next targets could be $4.20 and even $4.50 based on recent trading patterns. Backed by rising Total Value Locked (TVL), exploding DEX volume, an expanding stablecoin supply, and strong derivatives interest, the outlook remains optimistic. Traders will be watching closely to see if Sui can maintain its ascending momentum. With so much capital flowing into the network, the SUI price rally could set new highs, solidifying its status as one of 2025’s breakout altcoins.