SUI jumps 16.59% as volume nearly doubles and network usage strengthens recovery

  • SUI rose 16.59% as trading volume increased 94.28% to $1.73 billion.
  • AAVE’s Active Addresses reached 125,038, while Sui added 12,551 addresses in 24 hours.
  • SUI broke above its descending channel after reversing from the $0.6578 support region.

SUI rose 16.59% in a day as trading volume climbed 94.28% to $1.73 billion, indicating that the recovery attracted substantially more participation than the previous session rather than advancing on thin activity. The token approached a crucial technical zone after breaking above a prolonged descending channel, making continued participation important for sustaining the move. Network data also supported the rebound: according to DeFiLlama, AAVE’s Active Addresses reached 125,038, with the network adding 12,551 new addresses over 24 hours, while Sui processed 41.44 million transactions. Sui’s DeFi (decentralized finance) ecosystem retained $551.65 million in TVL (total value locked), up 0.34% over the same period. On a weekly chart, SUI had reversed from the $0.6578 support region and broken above the descending channel. The Parabolic SAR flipped below the price near $0.5597, while the DMI showed +DI at 30.40 versus -DI at 14.70 and ADX at 20.75. If bulls defend the breakout, $1.3295 is the next resistance level cited before a possible move toward $2.00, although the much faster price increase than TVL growth leaves technical confirmation important.

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