TLDR
- Sui TVL reached $2.46B, gaining 5.8% in 24h, marking its strongest recovery since mid-2025.
- Stablecoins on Sui hold a $732M market cap, boosting liquidity depth for DeFi participation.
- Liquidity shows resistance stacked at $3.8–$4.1 and firm support near $3.2–$3.4.
- DEX volumes hit $752M in 24h, confirming high user activity and renewed capital inflows.
Sui’s Total Value Locked (TVL) in decentralized finance (DeFi) has surged to $2.46 billion, reflecting a 5.8% increase within 24 hours. The network is experiencing a renewed phase of activity after a turbulent mid-year period that saw significant capital outflows. Current data signals a steady return of user confidence, supported by rising liquidity, strong application usage, and high participation in decentralized exchanges.
Growth Phases and Recovery
The trajectory of Sui’s TVL can be divided into three distinct phases. The first phase stretched through 2023, where accumulation remained modest but steady. By early 2024, adoption accelerated, lifting TVL close to the $2 billion mark as more users engaged with DeFi applications on the network.
LTC/USD 1W Chart | Source: X
The second phase was defined by setbacks in early 2025, when TVL slipped below $1.5 billion. That decline, though temporary, reflected broader market volatility and hesitation from institutional participants. The latest phase, beginning in mid-2025, has seen Sui climb back above $2.4 billion for the first time, suggesting both organic demand and institutional inflows are sustaining growth.
Supporting Metrics Point to Stability
Furthermore, other performance indicators confirm Sui’s strengthening position. Stablecoins on the network currently carry a market capitalization of $732 million, which provides liquidity depth for borrowing, lending, and trading activity. Daily application revenue has also surpassed $150,000, with decentralized exchange volumes exceeding $752 million in just 24 hours.
These figures reflect active user engagement and consistent usage of DeFi applications. The absence of notable chain fees gives Sui a competitive advantage compared to higher-cost blockchains. Developers and liquidity providers are increasingly drawn to networks where costs remain predictable and capital efficiency is preserved.
Liquidity Concentrations in Focus
In addition, order book heatmaps reveal the zones where price action is most constrained. The region between $3.8 and $4.1 holds heavy resistance, where stacked sell-side orders may cap upward momentum. Any move beyond this barrier will require strong buy-side activity capable of absorbing significant liquidity.
LTC/USD 1W Chart | Source: X
On the other side, the $3.2 to $3.4 range has shown repeated strength as a support level. Late-September trading activity confirmed consistent defense of this band, with buyers stepping in whenever prices tested the area. This zone now acts as a foundation for short-term market stability and potential further rallies.
Market Outlook and Key Levels
At the same time, price movements demonstrate a rotation typical of liquidity-driven markets. After rejection at higher resistance, capital cycled back toward the $3.2–$3.4 support, before regaining momentum into October. Such behavior reflects a resetting of order flow, with participants balancing between defending support and challenging resistance.
The next test for Sui lies in whether its market structure can sustain this momentum. A break above $3.8–$4.1 would pave the way for further expansion, possibly drawing additional liquidity. However, a failure to surpass resistance could trigger renewed pullbacks, keeping Sui within a tight range.
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