Why SUI is exploding: Surpassing Solana and Ethereum in volume?

Why is SUI attracting so much capital in 2026?

The Layer 1 landscape is undergoing a major transformation, and SUI appears to be the big winner in this blockchain war. With an impressive volume of $43 billion recorded since the beginning of the year, the network now outperforms many of its direct competitors. This figure is not insignificant: it demonstrates real adoption and intensive use of DeFi on the network.

This phenomenon is explained by superior technology capable of handling massive loads without congestion, unlike the saturation episodes seen elsewhere. Investors, tired of high fees or slow speeds, are conducting an aggressive sector rotation toward SUI. We’re observing genuine institutional and retail adoption, where liquidity is leaving old ecosystems to fuel SUI’s lending protocols and DEXs.

Moreover, on-chain activity doesn’t lie. The number of daily active addresses is exploding, and TVL (Total Value Locked) is skyrocketing. This is no longer pure speculation, it’s concrete network usage that justifies these volumes. If this trend continues, SUI could well establish itself permanently as the L1 standard for this 2026 cycle.

Technical analysis: Is SUI preparing for a massive breakout?

From a chart perspective, the situation is more than precarious. After a necessary consolidation phase following its last surge, SUI is resting at the lowest point of its last major demand zone at $0.83. The price is still firmly holding its key support zones, refusing to yield to selling pressure despite global macroeconomic uncertainties. However, a drop below this level could be brutal for SUI, with a return below the trendline to $0.37, or even $0.2 in case of violent capitulation.

On the other hand, technical indicators suggest that sellers are exhausting themselves. The daily RSI currently shows a bullish divergence, leaving considerable room for a new bullish impulse. We are closely monitoring the formation of a bullish continuation pattern. If buyer volume continues to flow with the same intensity, a breakout above current resistance could trigger violent price acceleration.

However, beware of classic market traps. A fakeout remains possible if Bitcoin were to correct brutally, dragging altcoins down with it. Nevertheless, SUI’s market structure remains resolutely bullish on weekly timeframes, and each dip is aggressively bought by savvy investors.

Can SUI smash its record and reach $10?

With $43 billion in volume, the demand is there. If SUI manages to dominate Ethereum and Solana during this bearish period, it could be the first to bounce back when the crypto market resumes its upward trajectory.

The most optimistic analysts are now targeting the $10 zone, a threshold that would propel SUI’s market cap into the global top 5. For this to happen, the network will need to maintain its dominance in volumes and continue attracting developers. The bearish scenario would be a sudden exhaustion of the hype, but current fundamentals argue for a continuation of the uptrend.

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