Sui (SUI) is gaining renewed momentum after recording a 6.35 percent increase in the last 24 hours. The token is now trading at $2.95, reflecting a strong bullish trend in the broader altcoin market. With a market capitalization of $10.71 billion, SUI has strengthened its position among the top 20 cryptocurrencies.
Over the same period, its 24-hour trading volume reached $2.24 billion, representing a volume-to-market-cap ratio of 20.98 percent, which signals high liquidity and active participation from traders. This consistent inflow of volume suggests that investors are showing confidence in the project’s long-term ecosystem growth.
SUI Maintains Strong Market Activity Amid Recent Token Unlocks
SUI’s market activity remains healthy, with its 24-hour price range fluctuating between $2.75 and $3.01. The asset’s fully diluted valuation (FDV) stands at $29.56 billion, matching its total supply of 10 billion SUI tokens. The current circulating supply sits at 3.62 billion SUI, aligning with recent token unlocks and developer allocations.
Source: CoinMarketCap
From a historical perspective, SUI remains far above its all-time low of $0.3643, recorded on October 19, 2023, marking a 711.41 percent increase since then. However, it is still 44.76 percent below its all-time high of $5.35, reached on January 6, 2025. This price gap provides room for potential recovery if the bullish trend continues.
Ecosystem Expansion and Market Confidence
The Sui ecosystem has grown rapidly due to its scalable architecture and low transaction costs. Projects building on Sui have seen a steady increase in activity, including DeFi applications, NFT marketplaces, and gaming protocols that leverage its high-speed transaction framework.
The project’s focus on user-friendly interfaces and efficient network design continues to attract developers and investors. As more decentralized applications launch within the ecosystem, demand for SUI tokens is expected to increase.
SUI Builds Momentum as Layer-1 Demand and On-Chain Activity Rise
Analysts believe that SUI’s current momentum could continue if market conditions remain favourable. With growing interest in layer-1 networks and increased on-chain utility, Sui is positioning itself as a leading blockchain for scalable and efficient Web3 experiences.
If trading volume maintains above the $2 billion mark, SUI could attempt to reclaim the $3.50 level in the coming sessions. Its expanding developer community and sustained liquidity indicate that Sui remains one of the most promising blockchain projects heading into the final quarter of 2025.
