• SUI surpasses $80B in DEX volume, signaling strong adoption and growing network activity.
• SUI’s weekly bull candle points to potential targets at $4.42 and $5.33, eyeing all-time highs.
• SUI derivatives activity slows with open interest slightly down, indicating cautious but steady investor interest.

SUI attracts attention after breaking $80 billion in DEX volume this year, exhibiting robust upward momentum toward new price targets. SUI is currently trading at $3.68, with a 24-hour trading volume of $2.30 billion and a market capitalization of $8.69 billion. Over the past 24 hours, SUI’s price decreased by -3.87%, which is consistent with standard market behavior.

Sui Network Sees Record DeFi Growth

In a significant moment for the network, the SUI Community reported that Sui Network processed more than $80 billion in decentralized exchange (DEX) volume in the first half of 2025, exceeding the DEX volume of other popular platforms such as Hyperliquid, Avalanche, and Aptos. This remarkable achievement demonstrates growing activity and adoption within the Sui ecosystem.

SUI Shows Strong Upward Potential

On the upside, according to crypto analysis by Altcoinpedia, SUI has registered a solid weekly bull candle, indicating potential upward movement in the future. From the chart, SUI may first target the $4.42 resistance zone. If the price breaks above this level, $5.33 may become the next focus, potentially sending the cryptocurrency toward a record high.

Market watchers are positive as SUI continues showing stellar momentum, becoming one of the notable altcoins to watch this year.

Also Read | SUI Chart Signals Strong Uptrend, Eyeing $6.50–$7 in Coming Weeks

SUI Market Sees Decline in Derivatives Activity

SUI trading activity has decreased as volume and open interest have experienced a significant decline. Latest data indicates that trading volume dropped by -20.08%, bringing the volume down to $5.21B. This suggests that fewer positions are actively traded in the market.

Meanwhile, open interest also dropped by -3.26% to $1.89B. This indicates that investors are taking a slight step back from long positions, perhaps biding their time for a more definitive price direction before getting back into the game.

Moving further into the derivatives data, the OI-weighted funding rate stands at 0.0087%. This reading suggests that the market sentiment is quite balanced, with no significant tilt in either long or short positions.

Stability in OI-weighted metrics indicates that, despite decreasing trading activity, the market is avoiding drastic volatility. It may imply that participants are cautious but continue to observe SUI’s price action in anticipation of the next major move.

Also Read | SUI Price Surge: Will It Reach $4.71 or Face a Rejection?