Massive $14B Volume Surge Sends $SUI Toward Breakout

Key Insights:

• $SUI hits a new $14B DEX volume milestone, signaling strong ecosystem growth and market interest.
• $SUI holds support at $3.27, with traders eyeing a potential breakout above $4.15 resistance.
• Sui Network crosses 255 million accounts, expanding its community and boosting $SUI’s utility in the market.

Sui ($SUI) is attracting attention after strong on-chain and market activity. In July 2025, decentralized exchange (DEX) volume on the network hit a new all-time high. The volume exceeded $14 billion, marking a sharp increase in trading activity across the Sui ecosystem.

Trading Volume Reaches New Record

As stated by CryptoMichNL, DEX trading volume on the Sui blockchain surged past $14 billion in July 2025. This sets a new record for the ecosystem, driven by growing activity in decentralized finance applications. This trend supports broader momentum in the Sui network’s growth.

Mill City Ventures recently closed a $450 million private placement. Market participants are monitoring how this funding may support network development and liquidity efforts.

This surge also reflects higher participation from both users and liquidity providers. As demand for block space increases, the token’s utility within the ecosystem is expanding. 

Key Technical Levels Under Watch

Sui is currently holding above the $3.27 support zone, which has acted as a base during recent market retracements. According to trader Lennaert Snyder, $SUI has been forming higher lows and is now pushing against the $4.15 resistance.

Snyder noted that if $4.15 is gained, testing the ATH will be next. The token’s ability to stay above key support while climbing suggests market participants are accumulating, even amid broader uncertainty.

Institutional Activity and Market Surge

However, as clamed by Sui Intern, Sui Network continues to gain adoption, recently crossing 255 million accounts. This milestone highlights the growing user base and interest in the ecosystem. As the number of accounts grows and the community expands, Sui’s network effects could increase the utility of $SUI.

As of press time, $SUI was trading at $3.59 with a 24-hour volume of over $1.2 billion. The token price has also shown strength, climbing 5.01% in the last 24 hours. Market watchers are closely following the asset’s movements as it tests key technical levels.