The Sui blockchain reported that its cumulative transaction blocks have exceeded 6 billion, a metric that reflects the network’s ability to bundle multiple actions—such as token swaps, staking, and transfers—into single blocks.
According to data shared on social media, Sui continues to lead layer‑1 blockchains in transactions per second, highlighting its speed advantage.
Compliance firm Scorechain announced a partnership with Sui, enabling monitoring of wallets, transactions, and fund flows on the network similar to tools used for Bitcoin and Ethereum.
Token price movement
The SUI token moved from around $1.00 on the 25th to near $1.29 on the 27th, before retreating to the $1.10 range. It later recovered to trade close to $1.20 at the time of reporting.
Derivatives activity
Futures market data showed open interest at approximately $422 million, with funding rates rising sharply in recent hours. The increase suggests that traders holding long positions are paying higher premiums to maintain exposure.
Analysts noted that the hourly chart indicated buyer control, and the MACD indicator had crossed back above its signal line after a recent decline.
Summary
- Sui network surpasses 6 billion transaction blocks.
- SUI token trades near $1.20.
- Open interest in futures exceeds $400 million, with elevated funding rates.
