In July 2025, Sui Network recorded a record trading volume on its decentralized exchange, indicating increased interest in the ecosystem.
Trading Volume Reaches New Record
In July 2025, the decentralized trading volume on the Sui blockchain exceeded $14 billion, setting a new record for the ecosystem. This surge is driven by increased activity in decentralized finance applications, indicating positive growth momentum for the Sui network.
Key Technical Levels Under Watch
Currently, Sui is holding above the $3.27 support level, which has acted as a base during recent market retracements. Traders note that $SUI is forming higher lows and is now pushing against the $4.15 resistance level. If this level is surpassed, it may pave the way for new all-time highs.
Institutional Activity and Market Surge
Reports indicate that Sui Network continues to gain traction, crossing the milestone of 255 million accounts. This growth highlights the increasing user base and interest in the ecosystem. As the number of accounts grows and the community expands, network effects could enhance the utility of the $SUI token.
The significant growth in trading volumes, user participation, and the development of technical levels suggest a robust future for Sui Network and its $SUI token amid increasing institutional interest.