Solana

DeFi

Billion

<ul>
 <li>Sui Network reaches $17B in DEX volume, ranking 2nd among non-EVM chains.&nbsp;&nbsp;</li>  
 <li>Sui's scalability and efficiency drive its rapid growth in the blockchain space.&nbsp;&nbsp;</li>  
 <li>Non-EVM blockchains like Sui and Solana are gaining ground in DeFi markets.</li> 
</ul>  
<p><a href="https://cryptonewsland.com/sui-network-surpasses-avalanche-in-tvl-reaches-1-billion-in-defi-ecosystem/" target="_blank" rel="noopener noreferrer nofollow">Sui Network</a>, a non-EVM blockchain, just reached $17 billion in decentralized exchange (DEX) volume. This achievement puts it in second place among non-EVM chains, right behind Solana. Sui’s growth in the DEX space highlights its increasing popularity and influence in the crypto world.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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<h2 class="wp-block-heading" id="h-sui-network-s-rapid-growth">Sui Network’s Rapid Growth</h2>  
<p>Ranking second only to <a href="https://cryptonewsland.com/solana-blockchain-sees-record-surge-in-new-addresses/" target="_blank" rel="noopener noreferrer nofollow">Solana Blockchain</a> is a big win for Sui Network. Solana has long been the dominant non-EVM chain, so Sui’s rise is a sign of its potential.&nbsp;</p>  
<p>Sui's focus on scalability and efficiency sets it apart from other blockchain platforms. The Blockchain's infrastructure allows for fast, high-volume transactions, making it attractive to users and developers alike.</p>  
<p>Sui’s ability to handle large volumes of trades without slowing down has drawn attention. As more users look for alternatives to Solana and other big names, Sui is quickly becoming a top contender.</p>  
<h2 class="wp-block-heading" id="h-the-rise-of-non-evm-chains">The Rise of Non-EVM Chains</h2>  
<p>Sui’s success also shows that <a href="https://docs.zettablock.com/docs/evm-and-non-evm-data-explained" target="_blank" rel="noopener noreferrer nofollow">non-EVM blockchains</a> are gaining ground. For a long time, Ethereum-compatible chains dominated the market. Now, chains like Sui and Solana are proving their worth.&nbsp;</p>  
<p>By hitting $17 billion in DEX volume, Sui shows it can compete with the biggest names in the space. This shift highlights growing interest in non-EVM technologies.&nbsp;</p>  
<p>While Ethereum still leads in many areas, users are exploring chains like Sui for their speed and scalability. The $17 billion milestone is proof that non-EVM chains are no longer niche players—they're serious competitors in the <a href="https://www.investopedia.com/decentralized-finance-defi-5113835" target="_blank" rel="noopener noreferrer nofollow">DeFi and DEX markets</a>.</p>  
<p>Sui’s momentum is hard to ignore. With its fast growth and rising user base, it’s becoming a major force in the crypto ecosystem. While Solana holds the top spot for now, Sui is closing in fast. Its rise could reshape the future of non-EVM blockchains.</p> 
<p>The post <a href="https://cryptonewsland.com/sui-network-reaches-17-billion-dex-volume/" rel="noopener noreferrer nofollow">Sui Network Surges to $17 Billion in DEX Volume: A Strong Competitor to Solana</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Sui Network Surges to $17 Billion in DEX Volume: A Strong Competitor to Solana

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