The post SUI Trading Volume Surge Suggests Potential for Market Rally Amid Increased User Activity appeared on BitcoinEthereumNews.com.

The recent surge in Sui’s price and trading volume has traders buzzing with excitement, marking a pivotal moment for the blockchain’s market presence. Sui’s growth trajectory is underscored by the remarkable increase in active user accounts, which rose by over a million in just 24 hours, signaling robust adoption. “With a significant jump in DEX trading volume, it’s evident that traders are more engaged than ever,” stated a source familiar with market trends. Sui blockchain experiences a remarkable price surge and trading volume growth, reflecting heightened trader engagement and market optimism. Volume surges amid user growth The Sui blockchain has achieved a significant milestone this week. Recent analytics indicate that its trading volume has exceeded that of established networks like Polygon [POL], Tron [TRX], and Cardano [ADA] combined for the year 2025. This surge is a strong indicator of market momentum and user engagement. As of now, the total decentralized exchange (DEX) trading volume for Sui has soared past $20 billion, showcasing a vibrant ecosystem. Such indicators often lead to positive price movements, and Sui’s activity suggests that traders are increasingly participating in its protocols. Source: X This growth is clearly illustrated on Sui’s weekly chart, revealing that between the beginning of March and the present, the asset has maintained a steady price range between $3.30 and $2.69. The most recent 24-hour period has demonstrated a significant spike in DEX trading, reaching $65 million—an 11.25% increase compared to the previous month. Furthermore, the dramatic uptick in active accounts suggests that user participation may be driving this price activity, hinting at potential continued gains for Sui in the trading hours ahead. Source: X The increase in accounts corresponds closely with Sui’s recent price movements, implying that vibrant trading dynamics may lead to further appreciation of the asset in upcoming sessions. Buying…

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Filed under: News - @ March 7, 2025 3:27 am