Sui Overtakes Ethereum in Daily Bridged Inflows, Signaling Layer-1 Momentum Shift
Sui (SUI) has surpassed Ethereum in daily bridged inflows, securing the third position among Layer-1 blockchains, trailing only Arbitrum and Avalanche. The network's object-based architecture, which facilitates parallel transaction processing, continues to attract developer interest and capital deployment, even as the SUI token price experienced a modest 5% decline.
On-chain metrics indicate that Sui's decentralized exchange (DEX) volume reached $227 million daily—a figure that points to substantial organic platform usage rather than mere speculative activity. This growth narrative presents a compelling contrast to Ethereum's established dominance in total value locked (TVL), hinting at evolving liquidity dynamics and competitive pressures within the expanding Layer-1 ecosystem.