SUI Network Shatters Records with $14.8B DEX Volume Despite Price Resistance

Sui Network’s decentralized exchange volume skyrocketed to an unprecedented $14.8 billion in May 2025, marking a 4x increase over its historical average. The LAYER 1 blockchain continues to demonstrate strong fundamentals, with Total Value Locked (TVL) rising 7.69% to $2.346 billion and maintaining $1.31 million in net inflows.

While these metrics paint a bullish picture, SUI’s price remains capped below the critical $3.87 resistance level. Technical analysis presents mixed signals - MACD and liquidation clusters indicate limited short-term upside, but sustained capital inflows and explosive DEX activity suggest potential for future price momentum.

This divergence between network growth and price action represents a classic accumulation phase, with investors balancing Sui’s strong fundamentals against broader crypto market headwinds. The ecosystem’s performance positions SUI as a blockchain to watch as we approach mid-2025.