What Is the Current Market Cap of SUI and How Does It Compare to Other Top Cryptocurrencies?

SUI's current market cap of $13.6 billion ranks 13th among cryptocurrencies

Sui (SUI) currently holds a substantial position in the cryptocurrency market with a market capitalization of approximately $13.6 billion. This impressive valuation has secured SUI the 13th rank among all cryptocurrencies globally, placing it in a competitive position within the top 15 digital assets. Market data from various tracking platforms confirms this standing, though slight variations exist between different analytics providers.

The cryptocurrency's market position can be better understood when compared with its neighbors in the rankings:

| Rank | Cryptocurrency | Market Cap (USD) | |------|----------------|------------------| | 12 | Higher-ranked coin | >$14 billion | | 13 | Sui (SUI) | $13.6 billion | | 14 | Bitcoin Cash | <$13.6 billion |

With a total supply of 10 billion SUI and a circulating supply of approximately 3.5 billion tokens, the cryptocurrency demonstrates significant market depth. The current price of around $3.88 per token has experienced moderate fluctuations, with recent data showing a 24-hour change of -1.99% alongside a more positive 7-day performance of +2.22%.

This market capitalization represents approximately 0.33% of the entire cryptocurrency ecosystem, which currently values at over $4 trillion. SUI's performance since its 2023 launch demonstrates remarkable growth and stability for a relatively new blockchain project, especially considering the volatile nature of cryptocurrency markets. The project's strong technical foundations and development by former Meta engineers have contributed to investor confidence in its long-term viability.

Circulating supply of 3.5 billion SUI with a maximum of 10 billion tokens

SUI token operates within carefully managed supply parameters, with a current circulating supply of approximately 3.5 billion tokens against its maximum cap of 10 billion. This structured approach to token distribution helps maintain network stability while supporting long-term ecosystem growth. The SUI token serves as the backbone of the Sui network, facilitating on-chain transactions, paying gas fees, securing the network, and providing liquidity.

The current market structure shows a strategic release schedule:

| Supply Metric | Value | Percentage of Max | |---------------|-------|-------------------| | Circulating Supply | 3.5 billion SUI | 35% | | Maximum Supply | 10 billion SUI | 100% | | Current Market Cap | $13.6 billion | N/A |

At Mainnet launch, only about 5% of all tokens were in circulation, with the remainder being released according to a predetermined schedule to ensure network stability. This measured approach to token distribution demonstrates the project's commitment to sustainable growth rather than short-term market fluctuations. The evidence of this strategic approach can be seen in SUI's current market position, ranking #13 by market capitalization despite having only 35% of its maximum supply in circulation. This indicates strong market confidence in the token's utility and the overall Sui ecosystem.

24-hour trading volume reaches $2 billion across 741 market pairs

SUI has demonstrated remarkable trading activity with its 24-hour volume reaching an impressive $2 billion across 741 active market pairs. This significant trading volume positions SUI as one of the most actively traded cryptocurrencies in the current market. The substantial trading activity reflects strong investor interest and market confidence in the SUI ecosystem.

When examining SUI's market metrics in comparison to other prominent cryptocurrencies, the data reveals its competitive position:

| Metric | SUI | Ecosystem Average | |--------|-----|-------------------| | 24h Trading Volume | $2 billion | $713.27M (reported) | | Market Cap | $10.94 billion | Variable | | Current Price | $3.22 - $3.87 | N/A | | Monthly Trading | $44.59 billion | N/A |

This trading activity has placed SUI at rank #13 in market capitalization according to recent data. The monthly trading volume of SUI has exceeded $44.59 billion, showcasing persistent investor engagement beyond short-term trading spikes. Gate exchange represents one of the key trading platforms contributing to this volume, with significant SUI/USDT trading pairs demonstrating high liquidity and market access. These metrics indicate SUI's growing importance within the broader cryptocurrency ecosystem and suggest continued market interest in its development and utility.

SUI is listed on major exchanges including Binance, Coinbase, and Gate

SUI token has established a strong presence across the cryptocurrency trading landscape with availability on over 86 exchanges worldwide. This widespread accessibility provides investors multiple venues to buy, sell, and trade the token. The distribution of trading volume shows a clear preference among traders for certain platforms, as evidenced by the trading activity metrics.

The trading environment for SUI is particularly robust on major platforms where significant liquidity exists. Current market data reveals the following trading volume distribution:

| Exchange | Trading Pair | 24h Volume | Market Share | |----------|--------------|------------|--------------| | Top Exchange | SUI/USDT | $143.11M | Highest | | Secondary Platform | SUI/USDT | $47.52M | 2.04% | | Third Platform | SUI/USD | $2.65M | 4.42% |

With over 273 trading pairs available across these platforms, SUI offers traders considerable flexibility in how they engage with the token. The deepest liquidity is found in SUI/USDT pairs on the primary exchanges, making these the preferred venues for institutional traders and those executing larger orders. Recent data shows the SUI token maintaining a market capitalization of approximately $10.25 billion with a circulating supply of 3.4 billion tokens, representing roughly 34% of the maximum supply of 10 billion SUI tokens.