Sui Network hits 4.38M daily transactions as adoption surges
Sui Network has seen a sharp rise in activity, processing 4.38 million transactions in just 24 hours. This marks a 60% jump from the previous day, highlighting the platform’s growing adoption. Meanwhile, its market performance continues to outpace rival Aptos across several key metrics. Sui’s recent surge in transactions comes as its blockchain processes data at high speed. With a block time of just 79 milliseconds, it ranks among the fastest settlement networks available. This efficiency has helped push its 24-hour trading volume to $175.6 million, far exceeding Aptos’ $20.4 million.
The platform’s market capitalisation now stands at $4.11 billion, nearly 5.4 times larger than Aptos’ $757 million. Sui’s Fully Diluted Valuation (FDV) also dwarfs its competitor’s, reaching $10.27 billion compared to Aptos’ $1.94 billion. In decentralised finance (DeFi), Sui’s Total Value Locked (TVL) sits at $2.6 billion—more than double Aptos’ $1.0 billion.
Both networks have faced significant price declines since their peaks. Sui’s token once hit an all-time high of $5.35 but has since dropped by roughly 80%. Aptos, which reached $20.07 at its peak, has fallen even further, losing about 96% of its value. Sui’s transaction growth and market dominance suggest strong network momentum. Its faster block times, higher trading volumes, and greater TVL reinforce its structural edge over Aptos. Despite price corrections, the platform’s performance metrics indicate sustained activity and investor interest.
