Market Cap: $3.2495T 2.580%
Volume(24h): $110.7413B -18.530%
  • Market Cap: $3.2495T 2.580%
  • Volume(24h): $110.7413B -18.530%
  • Fear & Greed Index:
  • Market Cap: $3.2495T 2.580%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$104654.464793 USD

2.47%

ethereum
ethereum

$2482.196122 USD

1.96%

tether
tether

$1.000892 USD

0.06%

xrp
xrp

$2.172204 USD

3.01%

bnb
bnb

$645.665986 USD

1.55%

solana
solana

$148.547704 USD

1.62%

usd-coin
usd-coin

$0.999890 USD

0.00%

dogecoin
dogecoin

$0.181008 USD

5.22%

tron
tron

$0.278244 USD

0.72%

cardano
cardano

$0.658362 USD

4.58%

hyperliquid
hyperliquid

$33.402451 USD

-1.57%

sui
sui

$3.243792 USD

9.23%

chainlink
chainlink

$13.703476 USD

4.93%

avalanche
avalanche

$19.876159 USD

5.04%

unus-sed-leo
unus-sed-leo

$8.988912 USD

2.86%

Cryptocurrency News Articles

SUI Overtakes BNB in 24-Hour Trading Volume as Market Participants Shift Their Focus to New Projects

May 08, 2025 at 11:00 pm

SUI has officially surpassed Binance Coin (BNB) in 24-hour trading volume, indicating a shift in how investors are trading major cryptocurrencies.

SUI Overtakes BNB in 24-Hour Trading Volume as Market Participants Shift Their Focus to New Projects

The cryptocurrency market continues to display surprising shifts as smaller projects rise to the forefront. In a recent development, smaller projects like AnChain and SUI have managed to outpace bigger names like Binance Coin (BNB) in 24-hour trading volume.

As market indicators show, SUI’s trading volume reached $2.06 billion, showcasing a 29% increase from yesterday. In comparison, BNB’s volume stands at $1.7 billion with a smaller day-to-day increment of 9.8%. This places SUI in the 11th position by market capitalization with a multi-timeframe uptrend across all key periods.

The shift in trading activity puts SUI ahead of several cryptocurrencies with larger market capitalizations. At press time, the token is up 11.4% in the past 24 hours, 3.0% over seven days, 86.6% over 30 days, and a massive 260.5% increase over the past year.

The contrast between SUI and BNB extends beyond trading volume to price performance. While SUI yielded a return of 260.5% last year, BNB experienced a relatively smaller gain of 5.4% around the same time.

BNB’s relative stagnation is interesting given that it’s the native token of the world’s largest crypto exchange by trading volume. SUI’s trading volume explosion can be due to several factors. Notably, the Sui ecosystem has expanded its dApp offerings, attracting developers and users to the platform.

This is also likely an indication of increased activity on social media surrounding the project. The difference between volume trading and market capitalization rankings is intriguing. SUI’s total market value is $7.8 billion, which is lower than that of BNB’s $59.2 billion, but is seen in the increased frequency of buying and selling of the token.

This is likely to be an indication of shifting sentiments in the market since trading volume tends to indicate what will occur with prices. Increased trading volume in relation to market value may indicate that a cryptocurrency is receiving more interest than its prevailing price would indicate.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jun 07, 2025