Sui, a Layer 1 blockchain based on delegated proof-of-stake, is expected to gain significant attention in Q4 2025 with the launch of its main investment products. According to a Messari Research report, 21Shares has launched the SUI ETP on Nasdaq, while Bitwise and Canary Capital have filed for spot ETFs with the SEC. These compliant products are expanding investment channels.
The Sui ecosystem continues to grow around its core protocol. Sui's DeFi TVL performance is outstanding, with Navi and Suilend ranking at the top. Although SUI's market capitalization declined slightly at the end of Q4 compared to the previous quarter, network trading activity remained active. Average daily trading volume increased by 12.6% quarter-over-quarter, and the number of active addresses also increased. In particular, DEX activity led by Cetus saw a significant year-over-year increase in trading volume.
Regarding Sui's infrastructure, interoperability has been enhanced through the official launch and expansion of the Wallet network, integration with LayerZero and IBC to achieve connectivity with over 140 chains. Furthermore, the launch of the Society game in partnership with Epic Games has increased on-chain activity and attracted consumer attention.
According to a Messari Research report , Sui has undergone significant changes. Looking ahead, the pipeline of compliant products and the continued growth of the DeFi ecosystem will solidify Sui's position in the non-EVM space.
A report by Messari Research indicates that the SUI ecosystem expanded in the fourth quarter of 2025 through various means. In particular, institutional attention and the launch of investment products further highlight SUI's importance. These developments are expected to lay a solid foundation for SUI's future market position.
