SUI Network Sees Whale Accumulation Ahead of Gasless Upgrade

SUI Network has been gaining attention from institutional players due to its recent price action. According to CryptoQuant data, large-volume buyers have been absorbing SUI in the $0.80 to $1.00 range during consolidation phases, creating a strong support pocket. This accumulation is a departure from retail traders' focus on short-term price movements and technical analysis.

The Spot Average Order Size suggests heavy institutional-style accumulation within the same range. Instead of chasing pumps, larger players are using sideways price action to build positions without sending the market vertical too early. This strategy aligns with compressed short-term moving averages, reinforcing the idea that SUI has established a structurally important demand zone.

The network's ecosystem growth is also accelerating rapidly. Ledger reported SUI as one of its top trending assets this week, with a 21.75% jump in trading volume activity inside the wallet ecosystem. Tokenized real-world asset activity exploded, with users trading over $200 million in tokenized TradFi assets through Astros AG just seven days after launch.

Stablecoin liquidity is also deepening, with CurrentSUI reaching $8.89 million in natively backed supply alongside a 72% utilization rate. Next week, SUI plans to roll out gasless transfers, removing the need for users to hold native tokens just to complete transactions. This upgrade has the potential to change onboarding friction for mainstream users and may be an infrastructure shift that institutional players are front-running early.