The Sui Network (SUI) has emerged as one of May's top-performing altcoins, ranking among the top 10 by market capitalization (excluding stablecoins). While its ecosystem remains smaller than many Layer 1 competitors, its rapid user adoption sets it apart.
Key Metrics Highlighting Sui's Momentum
Unprecedented Wallet Growth
- Over 1 million new wallet addresses added daily in 2025
- New addresses comprise 80%+ of daily active users
- Sustained 1.5M+ daily active addresses since mid-February
👉 Comparatively, BNB Chain averages 1M daily active addresses despite a 7x larger market cap.
Trading Volume and Stablecoin Adoption
- DEX volumes consistently exceed $400M daily
- Stablecoin market cap doubled YTD to $900M+
- Institutional inflows surpassing Solana, per BeInCrypto reports
Strategic Developments Fueling Optimism
Institutional Partnerships
21Shares' collaboration with Sui aims to expand global ecosystem access. Federico Brokate, 21Shares US Head, noted:
"Sui’s technical foundations, DeFi ecosystem, and institutional alignment position it for long-term crypto leadership."
Price Recovery Signals
- 90% rebound from April lows ($1.73 → $3.25)
- Analysts project $5+ targets if golden cross confirms
FAQs
Q: What drives Sui’s wallet growth?
A: Its scalable infrastructure and low-cost transactions attract developers and users migrating from congested networks.
Q: How does Sui compare to Ethereum?
A: While smaller in TVL, Sui’s throughput and fee efficiency appeal to high-frequency DeFi users.
Q: Is SUI a good investment now?
A: Market indicators suggest momentum, but always conduct independent research before investing.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Verify data independently and review our Terms before making decisions.
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**Keywords**: Sui Network, SUI, wallet growth, DEX volume, stablecoin adoption, 21Shares, price prediction
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