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SUI Breaks Key Technical Barrier as Network Usage Surges
What’s Next for the Price?
The $SUI network is waking up, and the price action is reflecting a massive shift in momentum! After weeks of consolidation, SUI has successfully broken out of its short-term holding pattern and is now trading around the $0.77 level.
But the real story isn't just the price, it is the explosive on-chain growth backing this move. Here is your full technical and fundamental breakdown based on recent Coinpedia analysis:
Active Users Skyrocket: According to Token Terminal data, daily active users on the SUI network have surged to 174.6K. This is a massive recovery from the early July low of just 35K, signaling a massive return of genuine network engagement.
Transaction Resilience: The network is consistently processing between 4 to 6 million daily transactions, proving that users are interacting with the blockchain frequently despite the recent broader market volatility.