The SUI token, based on the Move blockchain, is showing significant price increases amid growing confidence in the Web3 ecosystem. Announcements of new partnerships and transaction records highlight its rising popularity.
Overview of the SUI Market
As of July 12, 2025, SUI is trading at $3.37, a 5.2% increase over the past 24 hours. Its market capitalization stands at $11.65 billion with a 24-hour trading volume of $1.49 billion.
SUI Partnerships and Their Impact
The Sui Foundation has launched a Global Builder Program, providing $50 million in funding for DeFi and infrastructure projects. Additionally, SUI is now supported via MetaMask Snaps, facilitating developer access to decentralized applications.
Record Transactions and User Activity
According to Sui Explorer, the network recently surpassed 20 million daily transactions, overtaking both Solana and Avalanche. This indicates increasing user activity and decentralized application usage.
The price dynamics and record transaction levels underscore a growing trust in the SUI ecosystem, while new partnerships continue to attract developers and investors.
