SUI Crypto has made waves in the crypto world. It now has more daily transactions than Ethereum (ETH) and Binance Smart Chain (BNB).
SUI Crypto has recently passed Ethereum (ETH) and Binance Smart Chain (BNB) in daily transactions. This is a major achievement for SUI. It shows how much SUI is growing. It also signals a change in the blockchain world, where SUI is gaining more users and attention than some of the bigger networks.
SUI Crypto Outpaces BNB and Ethereum in Transactions
According to recent data, SUI Crypto achieved an impressive 518,754,323 daily transactions, leaving behind BNB’s 383,204,774 and Ethereum’s 112,286,291. This remarkable performance underscores SUI’s expanding ecosystem and its growing appeal among users and developers.
While Base led the daily transaction chart with 743,865,683 transactions, closely followed by Tron at 703,130,855, SUI’s strong showing places it among the top-performing blockchain networks. Polygon (292,651,360) and Arbitrum (188,840,338) also had a lot of activity. But SUI’s steady growth stands out. It shows that more people are adopting it.
Ethereum’s lower transaction count, in contrast, suggests a potential slowdown in activity, while SUI Crypto’s surge highlights its trajectory toward becoming a dominant player in the blockchain ecosystem.
SUI Crypto’s Price Surges by 476.17%
SUI Crypto’s price action aligns with its increased transaction activity, reflecting bullish momentum that could drive it to new highs. In recent weeks, SUI’s price surged by 476.17%, reaching $4.9421. The cryptocurrency broke through key resistance levels at $3.8949 and $3.1989, accompanied by rising trading volume—a clear indication of strong market demand.
Support zones at $2.3341 and $2.0768 have provided a foundation for SUI’s upward trajectory, with minor pullbacks consolidating its gains. Analysts suggest that if the current momentum continues, SUI could test and potentially break the psychological barrier of $10, with resistance levels near $10.4317 serving as a key threshold.
The SUI/USDT daily chart illustrates consistent higher lows supported by a robust trendline. Such technical patterns often signal sustained buyer confidence, making a breakout above $10 increasingly plausible.
SUI Faces Resistance Near $6.00
The SUI Crypto liquidity heatmap offers further insights into the market dynamics driving its price movement. Significant activity has been observed at key price levels between $4.00 and $6.00, with heavy liquidity concentrated around $4.50 and $5.00. Below $4.00, notable accumulation by buyers has provided a cushion against potential downturns.
In early January, SUI’s price peaked near $5.50 before experiencing retracements that brought it below $5.00. Liquidity zones between $4.50 and $4.00 indicate sustained buyer interest, which could propel the cryptocurrency toward another upward surge.
However, resistance near $6.00 has become apparent, as liquidity thins out and upward price movements face challenges. Consolidation near $4.50 could precede a breakout, contingent on buyer strength and market sentiment.
SUI’s DEX Volume Surges to $51.08 Billion
SUI Crypto’s dominance is not limited to transaction activity alone. Its cumulative decentralized exchange (DEX) volume reached $51.08 billion as of January 17, 2025, reflecting a 33.24% growth over the past 30 days. This surge underscores the increasing adoption of DEX platforms within the SUI ecosystem.
Platforms like Cetus, FlowX, and Bluefin have contributed significantly to this growth, with Cetus leading the charge. Other platforms, such as Turbos and Balanced, have also shown gradual yet steady expansion. Notably, the sharp acceleration in DEX volume began in November 2024, with exponential growth continuing through December and January.
If this trend persists, SUI could potentially surpass $60 billion in total DEX volume in the coming months, driven by rising demand, liquidity, and platform performance.
SUI Crypto’s recent surpassing of Ethereum (ETH) and Binance Smart Chain (BNB) in daily transaction volume marks a significant milestone in the cryptocurrency space. With 518.7 million daily transactions, SUI has demonstrated a remarkable growth trajectory, positioning itself as a dominant blockchain network. This surge in activity reflects its expanding ecosystem and rising user adoption, with its price climbing by 476.17%, reaching nearly $5.
Its decentralized exchange (DEX) volume has also seen significant growth, highlighting increased usage across platforms like Cetus and FlowX. While resistance near $6 poses challenges, SUI’s sustained momentum suggests potential for continued upward movement. As the cryptocurrency continues to grow, it could become a major player in the blockchain landscape, potentially surpassing other networks in both activity and value.
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