- Sui is rapidly emerging as a top blockchain contender this cycle, with explosive growth in DeFi activity, daily users, and stablecoin transfers—surpassing Solana in several key areas.
- With a potential spot ETF filing under SEC review and strong global partnerships, SUI could be gearing up for its next major rally
Sui is making serious waves in the crypto space — and many are beginning to wonder if it could be this cycle’s version of Solana. Back in 2021, Solana exploded in popularity due to its high-speed, low-cost transactions and rapidly growing ecosystem. Now, Sui is showing similar momentum — and even surpassing Solana in several key metrics.
Sui’s Ecosystem is Booming
Recent data shows Sui’s daily active addresses spiked by over 14% from Q4 2024 to Q1 2025, highlighting rising adoption and user engagement. But it’s in decentralized finance (DeFi) where Sui really shines. Daily trading volume on Sui-based decentralized exchanges has surged to $34.3 million, a new record — and lending protocols are offering jaw-dropping APYs of up to 12.69% on stablecoins, nearly double what’s available on Solana.
Also read: How Much Will 2,000 XRP Be Worth by 2025? Analyst Predicts Massive Bull Run Potential
Adding more fuel to the fire, Sui has now overtaken Solana in daily stablecoin transfer volume. That’s a major signal of user trust and increased on-chain activity — two critical indicators for long-term success.
Strategic Partnerships and ETF Hype
Beyond on-chain growth, Sui is expanding globally. A recent partnership with Dubai’s Virtual Assets Regulatory Authority (VARA) aims to help startups thrive in the Middle East’s virtual asset ecosystem. This positions Sui as not just a DeFi player, but a strategic global force.
Meanwhile, a major catalyst looms: Asset manager 21Shares has filed for a spot Sui ETF, currently under SEC review. If approved, it would mark a massive milestone, allowing institutional investors to gain exposure to SUI without holding the asset directly.
SUI Price Outlook: Pullback or Launchpad?
SUI is currently experiencing a healthy correction, down 5% and trading around $3. Analysts are eyeing a key support level at $2.75, which could act as a launchpad for the next rally. A break above the $3.38 resistance might open the door to targets at $3.74 and even $4.22 in the coming weeks.
In short, Sui is no longer flying under the radar. With rapid ecosystem growth, strategic global partnerships, and ETF buzz, it’s quickly becoming one of the most compelling altcoins to watch this cycle.