SUI Price Explodes 70% as TVL Hits $1.64B, DEX Volume Soars 177%

The SUI price rally has exploded over the past week, gaining 70% and lifting the token to around $3.52. This surge comes as Sui's TVL hits $1.64 billion

The SUI price has exploded upward over the past week, gaining 70% and lifting the token to around $3.52. This surge comes as Sui's TVL hits $1.64 billion, DEX volume skyrockets by 177%, and stablecoin supply jumps 82% to $879 million. On-chain activity paints a clear picture of heightened user adoption and capital inflow into the network.

With SUI derivatives open interest climbing to $1.51 billion, traders are positioning for more upside. If current momentum holds, the SUI price could easily outperform major altcoins in the coming weeks.

Discover more about Sui's incredible growth below.

TVL Soars 38%: Strengthening the SUI Blockchain's Base

The SUI price is anchored by major growth in the network's Total Value Locked (TVL). Over the past week, Sui's TVL rose 38%, touching $1.64 billion, highlighting a surge in decentralized application activity.

Liquidity, a crucial indicator, is still being drawn to DeFi ventures that are based on the blockchain. Additionally, the higher DEX volume indicates that traders are more engaged and the ecosystem's liquidity is moving smoothly.

These strong fundamentals are critical pillars supporting the ongoing SUI price rally, showcasing how quickly Sui's financial infrastructure is maturing.

DEX Volume and Stablecoin Supply See Explosive Growth

The SUI rally is further fueled by rising decentralized exchange (DEX) volume and surging stablecoin supply. DEX volume soared 177% in one week, reaching $599 million, as more traders participated in on-chain swaps. This spike signals both stronger user engagement and better trading efficiency across the network.

Chart 1 – SUI/USDT live price, published on TradingView, April 26, 2025

Meanwhile, Sui's stablecoin supply expanded from $482 million to $879 million in two months, an 82% growth rate that strengthens liquidity across DeFi protocols. Higher stablecoin supply means users and developers can access a deeper crypto market, boosting confidence. Together, DEX volume and stablecoins show why the SUI price remains highly sustainable.

Derivatives Markets Signal Strength in SUI

Beyond spot market action, derivatives activity around SUI shows strong conviction among traders. Open interest in SUI futures jumped 24% over the week, reaching $1.51 billion, indicating more leveraged positions entering the crypto market.

Simultaneously, the SUI derivatives trading volume surged by 37%, hitting $10.9 billion. This growth reflects growing traders' belief in the SUI price rally sustaining momentum.

Historically, rising open interest combined with higher volume is a bullish sign, as it points to ongoing speculative interest. With strong fundamentals backing up the speculative flows, SUI's future trajectory looks increasingly promising for bulls.

What's Next: SUI Price Eyes Breakout Above $3.60 Resistance

The SUI price rally faces its next major test at the $3.60 resistance zone. If bulls push through this level, the next targets could be $4.20 and even $4.50 based on recent trading patterns.

Backed by rising Total Value Locked (TVL), exploding DEX volume, an expanding stablecoin supply, and strong derivatives interest, the outlook remains optimistic. Traders will be watching closely to see if Sui can maintain its ascending momentum. With so much capital flowing into the network, the SUI price rally could set new highs, solidifying its status as one of 2025's breakout altcoins.