Sui crosses 6 billion transaction blocks as SUI returns to $1.20

  • Sui crossed 6 billion transaction blocks on its network.
  • $422 million in open interest accompanied sharply higher funding rates for bullish futures positions.
  • Scorechain now works with Sui on crypto compliance monitoring.

Sui has surpassed 6 billion transaction blocks, a milestone that can represent more underlying actions because each block may bundle multiple steps, such as swapping, staking and sending tokens. The network reportedly leads layer-1 blockchains in transactions per second. Scorechain, a crypto compliance-tools firm, now works with Sui, enabling wallet checks, transaction monitoring and fund tracing. SUI rose from the $1.00 level on the 25th to nearly $1.29 by the 27th before retreating to about $1.10 and recovering to near $1.20. The hourly chart shows buyers in control, while the MACD has moved back above its signal line. Futures open interest stands at $422 million, and sharply higher funding rates mean traders holding bullish positions are paying more to keep them open, increasing the risk of rapid exits if prices stall.

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