{"id":906423,"date":"2026-05-17T08:12:14","date_gmt":"2026-05-17T13:12:14","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/17\/sui-network-sees-whale-accumulation-ahead-of-gasless-upgrade\/"},"modified":"2026-05-17T08:12:14","modified_gmt":"2026-05-17T13:12:14","slug":"sui-network-sees-whale-accumulation-ahead-of-gasless-upgrade","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/05\/17\/sui-network-sees-whale-accumulation-ahead-of-gasless-upgrade\/","title":{"rendered":"SUI Network Sees Whale Accumulation Ahead of Gasless Upgrade"},"content":{"rendered":"
\n
\n
\n
\"SUI<\/figure>\n<\/div>\n
\n

SUI Network is starting to look like one of those projects whales accumulate quietly while retail traders argue over candles on social media. According to CryptoQuant data, large-volume buyers have been aggressively absorbing SUI in the $0.80 to $1.00 range during recent consolidation phases, creating what traders now view as a major macro support pocket.<\/p>\n

Whale Wallets Quietly Load SUI Positions<\/h2>\n

The latest Spot Average Order Size data<\/a> points toward heavy institutional-style accumulation inside the $0.90\u2013$1.00 range. Instead of chasing pumps, larger players appear to be using sideways price action to build positions without sending the market vertical too early.<\/p>\n

Well, the same range also aligns with compressed short-term moving averages, reinforcing the idea that SUI has established a structurally important demand zone. If price revisits that area again, traders expect buyers to defend it aggressively.<\/p>\n

\"SUI<\/figure>\n

SUI Ecosystem Growth Accelerates Rapidly<\/h2>\n

Meanwhile, the network itself keeps expanding<\/a>. 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.<\/p>\n

At the same time, tokenized real-world asset activity exploded. Just seven days after launch, users traded more than $200 million in tokenized TradFi assets through Astros AG. Stablecoin liquidity is also deepening, with CurrentSUI reaching $8.89 million in natively backed supply alongside a 72% utilization rate.<\/p>\n

So, what\u2019s next? SUI developers are preparing one of the network\u2019s most anticipated upgrades yet.<\/p>\n

Gasless Transfers Could Change Everything<\/h2>\n

Next week, SUI<\/a> plans to roll out gasless transfers, removing the need for users to hold native tokens just to complete transactions. That may sound technical, but it fundamentally changes onboarding friction for mainstream users.<\/p>\n

But reality is that this is exactly the kind of infrastructure shift institutional players usually front-run early. Between whale accumulation, expanding ecosystem activity, and the incoming gasless upgrade, SUI is rapidly positioning itself as one of the more closely watched Layer-1 networks in the market.<\/p>\n<\/div>\n

\n
\n

Was this writing helpful?<\/h3>\n