SUI Eyes $5 Retest as Q1 Ecosystem Growth Shows 315% DEX Volume Surge
Sui (SUI) has pulled back slightly amid a broader crypto market cooldown but remains well-positioned for a potential retest of its all-time high. The layer-1 blockchain showed strong growth in Q1 2025, with Messari reporting record average daily DEX volumes of $304.3 million—a 315.7% year-over-year increase.
Total value locked in Sui’s DeFi ecosystem grew 35% quarter-over-quarter to 544.1 million SUI, while its stablecoin market cap expanded 57% to $580.50 million. These fundamentals remain robust despite recent volatility, with the token finding critical support at the $3 psychological level.