Sui token records $114 billion YTD volume as price steadies in triangle pattern

The Sui blockchain’s native token, SUI, has surpassed $114 billion in year‑to‑date transaction volume, according to data shared by the Sui Community and analytics platform Artemis. This places SUI ahead of most major layer‑1 networks except BNB, highlighting a surge in asset movement across the ecosystem.

Open interest on Sui’s perpetual decentralized exchange rose 74 % over the past month to $12.45 million, indicating growing participation from derivatives traders. At the same time, the token’s price has been confined to a symmetrical triangle on the daily chart, trading around $0.69 with resistance near $0.743 and support at $0.645. Technical indicators suggest a potential bullish breakout if the price closes above the upper trendline, while a break below support could trigger a decline toward $0.56.

Analysts note that sustained growth will depend on developer adoption, liquidity provision, and broader DeFi activity, as higher volume reflects usage rather than price performance alone.