Stablecoin

Momentum

Gains

<ul class="wp-block-list"><li>SUI eyes recovery as it holds the $2.26 support, with potential upside toward $2.50 if momentum builds within the ascending channel.</li><li>Stablecoin transfer volume on SUI hit $73.85B, surpassing TON’s $49.46B, signaling rising adoption and network confidence.</li><li>SUI's controlled price movements and strong investor interest suggest resilience, with stablecoin growth reinforcing its market position.</li></ul><p>Ali noted that if SUI maintains its position above the channel support at $2.26, a move toward the $2.50 resistance trendline could follow. This observation comes as SUI/USDT on Binance trades within an ascending channel on the 4-hour timeframe.</p><figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcWRFNHPk5Zsm_b52WBgB7v3o003F-2PCQ8FCUXK15vzM3LcG7nEV78vKoHQohBY2TNK7ifxvKw7l3Z286kphGJ2p5S2Mj0X-AEXUbDJgOAuWsfkbLvmmTipG-vdDvXQY4TmRaqxQ?key=wSCLA7CbggjZLUXqlYRdMTxM" alt=""><figcaption class="wp-element-caption"> Source: <a href="https://x.com/ali_charts/status/1903326777100963908" rel="noopener noreferrer nofollow">Ali</a></figcaption></figure><p>Between March 11 and March 18, SUI followed an upward trend, reaching a peak of $2.48 before facing resistance at the channel’s upper boundary. It then retraced toward the midline, experiencing volatility with sharp price swings. Recently, <a href="https://cryptofrontnews.com/suis-next-move-analyst-eyes-double-digits-amid-bullish-technical-patterns/" rel="noopener noreferrer nofollow">it declined to the lower boundary</a> but rebounded slightly. On March 21, it traded around $2.2751, reflecting a minor gain of 0.15%.</p><h2 class="wp-block-heading" id="sui-s-price-action-and-market-trends">SUI’s Price Action and Market Trends</h2><p>The current movement signals a potential recovery, as the <a href="https://coinmarketcap.com/currencies/sui/" rel="noopener noreferrer nofollow">price</a> rejected the lower boundary of the channel. Besides, SUI remains within its ascending structure, showing resilience against downside pressure.</p><p>Moreover, the ascending channel remains intact, suggesting a controlled market environment despite fluctuations. Additionally, higher trading activity reflects strong investor interest. If momentum builds, SUI could challenge the $2.50 resistance soon.&nbsp;</p><h2 class="wp-block-heading" id="stablecoin-transfer-volume-sui-vs-ton">Stablecoin Transfer Volume: SUI vs. TON</h2><p>SUI's network continues gaining traction in stablecoin transactions. On March 21, its total transfer volume reached $73.85 billion, outpacing TON, which recorded $49.46 billion. The data highlights SUI’s increasing dominance in stablecoin settlements.</p><figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcNbP8KIaU8b-N45nBx0rff_psbKjp_xNTwTiYQXzfbM7gYS-rAWOMQNgRBVlmtvyiOfsia466XG5j1eocFcqizPBgVyjhIiebVSLFRV8OSQbxfEOCxJm7TphxnI48aMg4iaUrHfA?key=wSCLA7CbggjZLUXqlYRdMTxM" alt=""><figcaption class="wp-element-caption"> Source: <a href="https://x.com/Torero_Romero/status/1903401663550849159" rel="noopener noreferrer nofollow">ToreroRomero</a></figcaption></figure><p>SUI's transfer volume was relatively low until late 2024. However, it surged sharply, maintaining a stronger position than TON throughout 2025. Consequently, this rapid increase indicates growing adoption and confidence in the network. Additionally, TON followed a similar trend but at a slower pace.</p><p>Furthermore, SUI's expansion suggests that its infrastructure supports greater transaction efficiency. The widening gap between SUI and TON signals higher demand for SUI-based transfers. Besides, the <a href="https://cryptofrontnews.com/ton-network-sees-massive-usdt-usage-as-real-world-transactions-surge-over-3-million/" rel="noopener noreferrer nofollow">ongoing growth in stablecoin usage</a> further strengthens the network’s position in the market.</p><p>The post <a href="https://cryptofrontnews.com/sui-gains-momentum-as-stablecoin-transfers-outpace-ton/" rel="noopener noreferrer nofollow">SUI Gains Momentum as Stablecoin Transfers Outpace TON</a> appears on <a href="https://cryptofrontnews.com" rel="noopener noreferrer nofollow">Crypto Front News</a>. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.</p>

SUI Gains Momentum as Stablecoin Transfers Outpace TON

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