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Why SUI Crypto Price is Up Today?

Mustafa Mulla25 Apr 20252 min read

Solana might have some serious competition. The native token of the Sui blockchain, SUI, has stunned the crypto world with a huge 72% jump in just seven days. And this rally isn’t just random — it’s being driven by strong activity on the network, rising interest from users, and one very interesting rumor that’s got people talking.

TVL Growth Shows Users Are Backing Sui

One of the biggest reasons behind this price surge is the sharp rise in Total Value Locked (TVL) on the Sui network. According to DeFiLlama, Sui’s TVL grew by 41% recently, climbing to $1.73 billion dollars.

That number matters. It means more users and developers are locking their assets into Sui’s decentralized apps, showing trust in the platform and its potential to grow.

DEX Trading Volume is Booming

The second key driver is a major spike in trading volume on decentralized exchanges built on Sui. Over the past week, trading activity on these DEXs jumped by 170%, reaching $599 million in a single day.

This level of trading activity often means more demand for the token itself, which naturally pushes the price higher.

Stablecoin Value on Sui Nearly Doubles

And the third reason is the rapid growth of stablecoins on Sui. In the past two months, the total value of stablecoins on the network jumped from $482 million to $879 million, that’s an 82% increase.

This shows that users are not just trading, but also holding value and building trust in the system.

Is Sui and Pokémon Home Collaborating?

Now for the wildcard: there’s growing speculation that Sui might be teaming up with Pokémon.

The buzz started when fans noticed that Parasol, a Web3 company now owned by Sui’s team, appeared in Pokémon HOME’s privacy policy. That small detail sparked rumors of a possible partnership.

Not long after, a blog post from the Sui Foundation mentioned that Parasol was working on NFT-based card games. Some users claimed the post originally named Pokémon specifically, but that mention has since been removed — adding even more fuel to the fire.

There’s no official confirmation yet, but even the hint of a connection to the Pokémon brand has added excitement to SUI’s momentum.

As of now, the SUI token is up by 23% and trading around $3.64, with its market cap hitting $11.83 billion in the last 24 hours.

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FAQs

  • Yes, the SUI blockchain is one of the most prominent projects and is projected to gain significant value in the coming time.
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Mustafa Mulla
Mustafa Mulla

Author

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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