SUI Network Sees Whale Accumulation Ahead of Gasless Upgrade

SUI Network is starting to look like one of those projects that whales quietly collect while retailers argue about candles on social media. According to data from CryptoQuant, high-volume buyers have aggressively absorbed SUI in the $0.80 to $1.00 range during the recent consolidation phases, creating what traders now see as a key macro support area.

Whale wallets quietly load SUI positions

The latest average order size on site facts points towards heavy institutional-style accumulation within the $0.90 to $1.00 range. Instead of chasing pumps, larger players appear to be using sideways price action to build positions without driving the market vertically too early.

Well, the same range also corresponds to compressed short-term moving averages, reinforcing the idea that SUI has created a structurally important demand zone. If price revisits that area, traders expect buyers to aggressively defend it.

SUI Network sees strong whale accumulation as gasless transfers and ecosystem growth drive bullish momentum.
SUI Network sees strong whale accumulation as gasless transfers and ecosystem growth drive bullish momentum.

The growth of the SUI ecosystem is accelerating rapidly

In the meantime, the network itself continues to exist expand. Ledger reported SUI as one of the most popular assets this week with a 21.75% jump in trading volume activity across the wallet ecosystem.

At the same time, tokenized asset activity exploded in the real world. Just seven days after launch, users traded over $200 million in tokenized TradFi assets through Astros AG. Stablecoin’s liquidity is also increasing, with CurrentSUI reaching $8.89 million in native backing, in addition to a 72% occupancy rate.

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So, what’s next? SUI developers are preparing one of the most anticipated upgrades to the network yet.

Gasless transfers can change everything

Next week, SUI plans to roll out gasless transfers, which will no longer require users to hold native tokens to complete transactions. That may sound technical, but it fundamentally changes the onboarding friction for regular users.

But the reality is that this is exactly the kind of infrastructure shift that institutional players usually come to the fore early on. Between the whale accumulation, growing ecosystem activity, and the upcoming gas-free upgrade, SUI is quickly positioning itself as one of the more closely watched Layer-1 networks on the market.

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