SUI Tops July Token Swaps with $44.59B, Surges in DeFi Growth

• SUI’s July trading volume exceeded combined totals of top competitors.
• TVL surged 480% in 2025, reaching $2.2 billion mid-July.
• RSI near neutral zone; price action tests key support levels.

In July 2025, Sui ($SUI) emerged as the leading asset in the token swap market. Data from CoinGecko, charted by ToreroRomero, shows that $SUI recorded a total token swap volume of $44.59 billion between July 1 and July 29. 

This was more than double the second-place token, $AVAX, which reached $19.31 billion over the same period. $HYPE and $NEAR followed with volumes of $9.62 billion and $8.01 billion, respectively.

$SUI’s cumulative volume surpassed the combined total of its three closest competitors, underscoring its dominance. The visualized data highlights a steep and consistent rise in swap activity, indicating strong market participation and liquidity around Sui.

Sui’s TVL Jumps 480% in 2025

Meanwhile, DeFiLlama data show that the Sui Network’s total value locked reached over $2.2 billion by mid-July 2025. This represents a 480% increase since the beginning of the year. The growth has been steady since late 2024, with a sharper acceleration noted in the first half of 2025.

Sui’s expanding ecosystem has been a key driver of this growth. Platforms such as Transak have contributed by offering seamless user access to Sui through decentralized applications (dApps). This ease of access has boosted adoption, contributing to Sui’s strong on-chain metrics and growing prominence in DeFi discussions throughout 2025.

Technical View: Key Levels and Indicators

$SUI is trading around $3.78. The asset is facing resistance near $4.30 while holding support at $3.51. It recently dipped below the 20-day moving average of $3.85, indicating short-term momentum has weakened.

However, $SUI remains above the 50-day moving average of $3.27, preserving its broader bullish trend. The Relative Strength Index (RSI) currently stands at 52.79, down from the overbought zone, reflecting cooling buying activity.

If bulls maintain support at $3.51, a rebound toward the $4.30 resistance level is likely. A successful break above this level could pave the way for further gains. On the downside, a breach below $3.51 may lead to deeper price corrections.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.