SUI jumps 16% as volume nears $1.7B – Traders, $2 ahead IF…
SUI token saw a daily price gain of 16.59% as trading activity nearly doubled, while robust network utility added substance to the price recovery move. Specifically, the tokens trading volume expanded 94.28% to $1.73 billion, almost doubling alongside the price advance. Notably, the rally attracted substantially greater market participation than the previous session. This trading activity expansion also reinforced the relevance of SUIs price rebound from its wider declining technical structure. SUI therefore drew significantly more capital turnover as prices recovered rather than advancing on thin activity. The price appreciation, however, still approached a crucial technical zone after its rapid daily uptick. Increased persistent participation would remain crucial as SUI broke beyond its prolonged descending channel. Network usage backs the recovery Additionally, Suis prevailing network recorded considerable usage during the recent 24-hour period, away from trading activity. According to DefiLlama analytics, AAVEs Active Addresses hit 125,038, as the network added 12,551 new addresses within the 24-hour window. Furthermore, transaction activity added another notable indicator, with Sui processing 41.44 million transactions over 24 hours. These figures suggested the network participation remained super active as SUI recorded its double-digit price recovery. More importantly, the address increase gave the rally an on-chain element beyond the expanding trading volume. Also, new addresses further









