- The SUI crypto trading volume reached $325 billion, marking a 16.43% increase in the past 30 days.
- The trading volume showed a consistent uptrend from mid-2023 to early 2025.
- Increased trading volume led to improved liquidity and price stability.
Sui Network (SUI) recently underwent a substantial increase in trading volume. It reached $325 Billion worth of total swap volume with a 16.43% surge in the past 30 days.
This surge in volume began in mid-2023 and showed a consistent uptrend. It was especially notable from October 2024 to January 2025.
The consistent surge in SUI crypto trading volume resulted in a peak, reaching approximately $150 Billion in October. That was further followed by $200 Billion in November and $275 in December, respectively.
As volume grew, so did the liquidity and price stability of the SUI coin. This made the token more attractive for more significant transactions and investments.
The rise in trading activity is often a precursor to price movements. It implied the SUI crypto may be gearing up for price adjustments based on its enhanced market dynamics.
The SUI price was trading at $4.02 at press time, noting a rise of over 6.80% in the past 24 hours. Its market cap surged to $12.04 Billion, ranked 16th among the top crypto coins.
Phantom Wallet Adds Support for SUI Blockchain
Through Phantom Wallet, users can easily handle the SUI crypto. Conversely, they can interact with dApps on the Sui blockchain as part of Phantom’s ongoing development of a multi-chain strategy.
SUI users would be able to access both features of the token. That includes Move-based programming language and decentralized finance space through the wallet system.
The inclusion of the SUI coin marks its position as the most recent addition to the Phantom-supported chains. This involves Solana, Ethereum, Polygon, Bitcoin, and Base.
Phantom’s continued development aims to establish a platform that provides 15 million users with enhanced, secure, and diverse capabilities.
TD Sequential Flashes Buy Signal for SUI
The TD Sequential indicator has presented a buy signal on the 12-hour timeframe. This is commonly interpreted as a sign of an upcoming price reversal.
Amidst the significant price retracement and volatile swings, the SUI price maintained bullish momentum and surged more than 10%.
The presence of this buy signal and declining prices mirrored typical market responses where traders capitalize on oversold conditions. If the altcoin surpasses the $3.90 mark, an upward move toward the $5 mark could be seen in the coming sessions.
SUI Price Prediction: Is a Reversal Toward $5 Imminent?
During the daily timeframe, the SUI crypto has made a double bottom pattern around the 100-day EMA support mark. This further signaled a reversal. In the last 48 hrs, the SUI price surged more than 10% and gained bullish momentum.
The Relative Strength Index (RSI) line was at 44, representing a reversal from the oversold region. This highlighted a positive divergence on the chart.
If SUI crypto breaks the $4.20 mark, a significant upward movement toward the $5 mark could be seen in the coming sessions.
In the last 24 hours, the Open Interest (OI) has risen over 5.99%, revealing long buildup activity. The long/short ratio was 1.02, and 51% of long contracts were on Binance. At the same time, 48% of shorts underlined the bull’s dominance.
The crucial support zones for SUI were $3.20 and $2.80. On the other hand, the resistance zones were $4.70 and $5.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
Moses K is a crypto journalist covering markets, regulation, and blockchain trends. He has written for The Coin Republic, Coinchapter, Cryptopolitan, Cryptotale, Coinspeaker, and MPost. Known for his concise, data-driven reporting, Moses focuses on price analysis, on-chain metrics, and policy developments shaping the global digital asset landscape.
