- Sui Network hit a record $14.8B in DEX volume for May 2025, signaling strong on-chain activity and rising investor interest.
- However, the SUI token struggles to break above the $3.87 resistance, despite growing momentum and capital inflows.
The Sui blockchain has posted its most impressive performance yet, hitting an all-time high of $14.8 billion in decentralized exchange (DEX) trading volume during May 2025. This milestone surpasses its historical monthly average of $3.93 billion by nearly fourfold, signaling an explosive surge in user activity and on-chain transactions.
Alongside this volume spike, Sui’s total value locked (TVL) in DeFi protocols climbed 7.69% in a single day to $2.346 billion. Net inflows of $1.31 million over the period suggest growing investor confidence, as capital accumulates during a phase of price consolidation.
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Despite these bullish fundamentals, the SUI token faces a major obstacle. The $3.87 resistance zone remains firm, underpinned by heavy sell orders and bearish leveraged positions, as indicated by Coinglass liquidation data. Technical analysis shows limited bullish momentum, with the MACD reflecting subdued buying strength.
Currently trading at approximately $3.67, SUI has pulled back 0.81% in the past 24 hours and is down nearly 13% from its weekly high of $4.20. This places the token near its 2025 average of $3.61—suggesting market equilibrium between bulls and bears.
The RSI at 50.38 reinforces this balance, while the 100-day EMA sits at $3.28, potentially acting as a future support if bearish pressure resumes. On the four-hour chart, SUI has tested the $3.75–$3.80 resistance band. A clean break above $3.87 could trigger a short squeeze, potentially catapulting the token toward $4.97. However, failure to breach this level risks a retracement to $3.50 or even $3.12.
As Sui’s on-chain metrics flash green, traders now watch closely to see if network growth can power through technical resistance—or if the price will remain boxed in below its breakout threshold.