Despite a surge in chain activity, the price of SUI recently declined, struggling to break the 3.50 USD resistance. This failure suggests broader market weakness and a return to major support levels between 2.80 USD and 3.00 USD.
Sui Network’s stablecoin market cap of 1.13 billion USD remains significantly higher than the combined market caps of competitors like NEAR and Cardano. The dApp revenue peaked at 77,000 USD in the past 24 hours as user adoption continues to climb.
Total accounts on Sui have surged from 124.3 million in April to 208.8 million in June 2025, affirming strong and consistent adoption. SUI may attempt a recovery, but must hold above the support of 2.80 USD to regain bullish momentum.
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