Sui network has emerged as one of the biggest winners in the last 22 hours as the market experienced a pivot in favor of liquidity inflows.
On-chain data also signaled a surge in spot inflows into the SUI crypto. Data on stablecoin supply changes revealed that Sui network experienced the highest stablecoin inflows out of all the top blockchains on Wednesday.
The network gained $6.1 million worth of stablecoin liquidity during the session.
While this may not seem like much in the grand scheme of things, most rival networks experienced negative flows.
A sign that the Sui blockchain has been weathering the market storms quite well. Liquidity surges usually underscore growing investment in a network.
Stablecoin liquidity growth is thus considered a healthy sign of growing utility. This outcome also aligns with Sui network’s recent stablecoin performance.
Sui stablecoin marketcap surged to a new all-time high of $724.33 million on 4 April. It has since pulled back slightly to $717.11 million as at press time.
DEX Volume Underscores the State of Network Utility
Aside from healthy stablecoin growth, the Sui blockchain has also been experiencing considerable recovery especially in its decentralized finance ecosystem.
DEX volumes have achieved significant bounce back over the last 3 weeks. For context, DEXs volumes bottomed out at $79.16 million on 22 March.
This was after a substantial cool down since mid-January, during which daily DEXs volume figures were well above $400 million.
Sui DEXs volume surged as high as $403 million on 9 April, which compares quite well to daily volume figures between November 2024 and February 2025.
This recent Sui DEX volumes underscore the high volatility and market activity that has prevailed in the last 3 weeks.
It also highlights robust demand for the network, which also puts the network’s native coin SUI on track to enjoy more utility and organic demand.
SUI Crypto Performance Recap
Speaking of demand, SUI crypto pulled off a 15% bounce back on Wednesday (9 April).
This bullish performance was largely fueled by U.S President Trump’s announcement about a tariffs pause.
He also hinted that it was an ideal time to buy and the markets responded accordingly across the board.
SUI crypto exchanged hands at $2.16 at press time which was a slight pullback from Wednesday’s peak.
A sign that the demand surge was short-lived and failed to achieve enough momentum for the bulls to keep going.
Despite this, SUI still held on to a 25.6% gain from its weekly low.
SUI’s strong bounce back confirmed healthy demand especially after the market hovered in extreme fear territory for quite some time courtesy of the tariff wars.
But now that things are cooling down, perhaps demand may continue to manifest. Wednesday’s uptick was characterized by a sizable surge in spot inflows.
SUI crypto registered $15.17 million worth of spot inflows on Wednesday. This was the highest spot inflows that the cryptocurrency has experienced since 10 January.
Spot inflows remained in the green by $4.01 million in the last 24 hours despite the aforementioned slight pullback.
Meanwhile on the derivatives segment, open interest rallied to $806.60 million after a 17.99% uptick in the last 24 hours.
Derivatives volumes were up 10.94% to $3.92 billion during the same period. This confirmed that the tariffs pause also influenced sentiment in the derivatives segment.
Although Trump announced a tariffs pause, it was only partial. The fact that things are still heated up between China and the U.S could be the reason why markets remain cautious.
Investors are still waiting for a cleaner bill of health for the landscape before deploying more capital.
