create account

A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025 by dalz

View this thread on: hive.blog |  peakd.com |  ecency.com
sui · @dalz ·
$43.95
A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025
Sui has been one of the shining stars of 2024! Especially in the last months of the year. The chain has grown in price and in activity as well. The SUI legacy is back in the days of Facebooks Libra experiment that has died. 



A ChatGPT short description on Arbitrum:

>	Sui is a novel layer-1 blockchain built with the Move programming language that aims to deliver high throughput, instant settlement, and cost-efficient transactions. Developed by Mysten Labs, Sui leverages advanced consensus mechanisms and modular architecture to offer unparalleled scalability for decentralized applications. With its object-centric data model, Sui ensures secure and streamlined asset management, supporting complex use cases such as NFTs and gaming. The chain’s robust developer ecosystem includes user-friendly tools, comprehensive documentation, and ongoing support for community innovation. By delivering near-instant transaction finality and low fees, Sui aspires to drive mainstream adoption of blockchain technology across various industries worldwide.

With this said, let’s take a look at some data. 



 



![01.png](https://files.peakd.com/file/peakd-hive/dalz/23tkk8m7xLj6mDiaBujesGxRieTTpcrhMfciVaHfDmtAWMaoyaJKzm6QNZuJycvuQYdN9.png)



 
Let’s take a look at the data on the Base network and see what has been happening in the last period. 
 
The data presented here is mainly from base scan, DeFi Lama and Dune Analytics. 

 
We will be looking at: 
- Total Value Locked TVL
- Number of Addresses 
- Active Addresses 
- Daily Transactions 
- Fees 
- Price



## Total Value Locked

This represents how much of value has been bridged to the Sui chain where it seats and is being used in DeFi and other use cases. Here is the chart: 




 


![image001.png](https://files.peakd.com/file/peakd-hive/dalz/23t75BV1WbggpuBTiVbhwX8kB2KNYq54kEfJmsvEB79nd799u5yybGscfvP2wcdLqRsPE.png)


 
As we can see, for the first time funds started being bridged on back in 2023. More significant funds started flowing at the end of the year 2023, reaching more than 500M at the beginning of 2024. Then it stayed around those levels and dipped a bit in the summer of 2024. 

A real growth happened at the end of 2024 when there was almost an explosion in the TVL and reached **2B**. 




## Number of Addresses 
One of the key metrics for crypto projects is the number of wallets.  
First the overall number of wallets. 
  


 


![image003.png](https://files.peakd.com/file/peakd-hive/dalz/23t752Jr35gSvJuftNoLVh7FWh1EjTR2BggzX6kFjZVqpCqh1y9CK7D1bHFo25N5ba4kt.png)




A constant growth in the number of unique wallets, with more activities in the last months reaching **50M**.


For comparison Ethereum has close to 300M wallets. 

 
 
 
## Active Addresses 
 
How many of the wallets created are active? Here is the chart.
 






![image005.png](https://files.peakd.com/file/peakd-hive/dalz/23tGVUj8jD6FeTiXmVcY3y2rSpacGgc4ekVNgE4cSqpBVhBa11f2hBBhAFoaHpZGX9rrt.png)

  

 
This is a daily chart for the numbers of active wallets. As we can see there was spikes back in 2023 and then a massive spike in May 2024 reaching close to 3M DAUs. A drop in the summer of 2024 and a growth again in September 2024 to more than 2M wallets. 


 
 
 
## Daily Transactions 
 
The activity on the network is mostly represented by the number of daily transactions.  
 
 
 
  
 
 

![image007.png](https://files.peakd.com/file/peakd-hive/dalz/23t76tCECZm14ErC7sCrUi2nzPsSU76TDVvL955zb5e1jEJ2gGwJp7Hgzx8pFD9ZhB6LY.png)

 

On the transactions side we can see a similar pater as for the active wallets. 
A spike back in 2023 and again in the last months of 2024. On average there are between 500k to 1M daily transactions. 


Another thing to mention here is that transactions can be bundled in blocks on the Sui chain, so there is also blocks of transactions that are recorded as one transaction on the chain. 

 
 
## Fees 


Fees are low on the Sui chain.

 Here is the chart. 
 
 
 
 


![image009.png](https://files.peakd.com/file/peakd-hive/dalz/23tGXZjkzQcH5XVPQgJg4BVxzcBiFeUVG2r4w7HQDF8eZKygn2wt31cxZr6sJneWtPnZc.png)



Overall the fees are bellow one cent and are almost meaningless. Even in the period when there are spikes in the activities, there is no increase in the fees.  






### Price

At the end the chart for the price of the SUI token.

 







![image011.png](https://files.peakd.com/file/peakd-hive/dalz/23swgSfP7C7U87EDEAgv7KHzH1uzy1MTwdUWV5nR1er92tB9hrQcqmXjQYff973F9giez.png)


A long period when the price was in the range of 0.5$ to 1.5$ and a growth in the last months of 2024 reaching $5. The price is now hovering at these levels. SUI has entered the top 20 chains with the recent increase in price. 





 
 All the best 
@dalz
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 301 others
properties (23)
authordalz
permlinka-look-at-the-fastest-growing-l1-chain-sui-or-data-on-tvl-wallets-active-users-transactions-fees-and-more-or-january-2025
categorysui
json_metadata{"app":"peakd/2025.1.3","format":"markdown","tags":["sui","chain","data","stats","activity"],"users":["dalz"],"image":["https://files.peakd.com/file/peakd-hive/dalz/23tkk8m7xLj6mDiaBujesGxRieTTpcrhMfciVaHfDmtAWMaoyaJKzm6QNZuJycvuQYdN9.png","https://files.peakd.com/file/peakd-hive/dalz/23t75BV1WbggpuBTiVbhwX8kB2KNYq54kEfJmsvEB79nd799u5yybGscfvP2wcdLqRsPE.png","https://files.peakd.com/file/peakd-hive/dalz/23t752Jr35gSvJuftNoLVh7FWh1EjTR2BggzX6kFjZVqpCqh1y9CK7D1bHFo25N5ba4kt.png","https://files.peakd.com/file/peakd-hive/dalz/23tGVUj8jD6FeTiXmVcY3y2rSpacGgc4ekVNgE4cSqpBVhBa11f2hBBhAFoaHpZGX9rrt.png","https://files.peakd.com/file/peakd-hive/dalz/23t76tCECZm14ErC7sCrUi2nzPsSU76TDVvL955zb5e1jEJ2gGwJp7Hgzx8pFD9ZhB6LY.png","https://files.peakd.com/file/peakd-hive/dalz/23tGXZjkzQcH5XVPQgJg4BVxzcBiFeUVG2r4w7HQDF8eZKygn2wt31cxZr6sJneWtPnZc.png","https://files.peakd.com/file/peakd-hive/dalz/23swgSfP7C7U87EDEAgv7KHzH1uzy1MTwdUWV5nR1er92tB9hrQcqmXjQYff973F9giez.png"]}
created2025-01-22 15:25:24
last_update2025-01-22 15:25:24
depth0
children13
last_payout2025-01-29 15:25:24
cashout_time1969-12-31 23:59:59
total_payout_value22.014 HBD
curator_payout_value21.939 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length4,740
author_reputation1,912,856,810,855,869
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,210,088
net_rshares81,956,617,893,843
author_curate_reward""
vote details (365)
@chinito · 
Some awesome growth indeed/ Long live the blockchains! πŸ‘ŠπŸ˜Ž
πŸ‘  
properties (23)
authorchinito
permlinkre-dalz-sqioco
categorysui
json_metadata{"tags":["sui"],"app":"peakd/2025.1.3","image":[],"users":[]}
created2025-01-23 01:05:12
last_update2025-01-23 01:05:12
depth1
children0
last_payout2025-01-30 01:05:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length57
author_reputation187,020,059,212,955
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,222,029
net_rshares0
author_curate_reward""
vote details (1)
@chinito · 
i just had a brain flash.. is it SUI , as in a pig call?? πŸ˜πŸ·πŸ–
πŸ‘  
properties (23)
authorchinito
permlinkre-dalz-sqlvrb
categorysui
json_metadata{"tags":["sui"],"app":"peakd/2025.1.3","image":[],"users":[]}
created2025-01-24 18:37:57
last_update2025-01-24 18:37:57
depth1
children0
last_payout2025-01-31 18:37:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length61
author_reputation187,020,059,212,955
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,270,877
net_rshares0
author_curate_reward""
vote details (1)
@danzocal · 
!PIZZA
properties (22)
authordanzocal
permlinkre-dalz-sqmcz8
categorysui
json_metadata{"tags":["sui"],"app":"peakd/2025.1.3","image":[],"users":[]}
created2025-01-25 00:49:57
last_update2025-01-25 00:49:57
depth1
children0
last_payout2025-02-01 00:49:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length6
author_reputation12,432,803,008,396
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,277,531
net_rshares0
@lightofhope ·
$0.19
I missed the train for Sui tokens, I didn't have time to buy them at a cheap price.

Oh yeah,, I would like to hear your opinion about $GMT tokens?
πŸ‘  
properties (23)
authorlightofhope
permlinkre-dalz-2025123t01513933z
categorysui
json_metadata{"tags":["sui","chain","data","stats","activity"],"app":"ecency/3.2.0-vision","format":"markdown+html"}
created2025-01-22 17:15:15
last_update2025-01-22 17:15:15
depth1
children0
last_payout2025-01-29 17:15:15
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.096 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length147
author_reputation54,590,072,148,731
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,213,438
net_rshares358,508,097,971
author_curate_reward""
vote details (1)
@momins ·
$0.19
Sui chain is very popular, and transaction fees are low.
πŸ‘  
properties (23)
authormomins
permlinkre-dalz-2025122t224619961z
categorysui
json_metadata{"type":"comment","tags":["sui","chain","data","stats","activity"],"app":"ecency/3.2.0-mobile","format":"markdown+html"}
created2025-01-22 16:46:21
last_update2025-01-22 16:46:21
depth1
children0
last_payout2025-01-29 16:46:21
cashout_time1969-12-31 23:59:59
total_payout_value0.096 HBD
curator_payout_value0.096 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length56
author_reputation56,946,183,913,058
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,212,603
net_rshares360,234,482,462
author_curate_reward""
vote details (1)
@olympicdragon · 
It is an interesting chain. I need see the price, perhaps buy a few tokens !
properties (22)
authorolympicdragon
permlinkre-dalz-2025123t2245735z
categorysui
json_metadata{"type":"comment","tags":["sui","chain","data","stats","activity"],"app":"ecency/3.2.1-mobile","format":"markdown+html"}
created2025-01-22 18:24:57
last_update2025-01-22 18:24:57
depth1
children0
last_payout2025-01-29 18:24:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length76
author_reputation34,659,922,596,582
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,215,394
net_rshares0
@pizzabot · 
<center>PIZZA!


$PIZZA slices delivered:
@danzocal<sub>(5/10)</sub> tipped @dalz 


</center>
properties (22)
authorpizzabot
permlinkre-a-look-at-the-fastest-growing-l1-chain-sui-or-data-on-tvl-wallets-active-users-transactions-fees-and-more-or-january-2025-20250125t005111z
categorysui
json_metadata"{"app": "pizzabot"}"
created2025-01-25 00:51:12
last_update2025-01-25 00:51:12
depth1
children0
last_payout2025-02-01 00:51:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length94
author_reputation7,475,410,781,869
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,277,570
net_rshares0
@redditposh ·
$7.00
https://www.reddit.com/r/sui/comments/1i88e0p/sui_soared_in_2025_here_are_some_data_about/
<sub> The rewards earned on this comment will go directly to the people( @blkchn ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. Otherwise, rewards go to the author of the blog post.</sub>
πŸ‘  , , , , ,
properties (23)
authorredditposh
permlinkre-dalz-a-look-at-the-fastest-growing-l1-chain-sui-or-data-1430
categorysui
json_metadata"{"app":"Poshtoken 0.0.2","payoutToUser":["blkchn"]}"
created2025-01-23 17:13:48
last_update2025-01-23 17:13:48
depth1
children0
last_payout2025-01-30 17:13:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value6.996 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length342
author_reputation2,115,960,338,527,557
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries
0.
accountnomnomnomnom
weight10,000
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id140,240,428
net_rshares26,121,896,096,410
author_curate_reward""
vote details (6)
@successwrite · 
Sui chain is definitely gaining massive attention day by day. They will do well in years to come. I am so certain about that
properties (22)
authorsuccesswrite
permlinkre-dalz-sqjmgy
categorysui
json_metadata{"tags":["sui"],"app":"peakd/2025.1.3","image":[],"users":[]}
created2025-01-23 13:22:12
last_update2025-01-23 13:22:12
depth1
children0
last_payout2025-01-30 13:22:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length125
author_reputation397,367,899
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,233,158
net_rshares0
@tsnaks ·
$0.25
SUI came out of nowhere to me and it already was super big thing, just like with Solana.

I missed on both where the hype started, only noticing when they were already passing LITECOIN!!! on the coinmarketcap rankings :D
πŸ‘  
πŸ‘Ž  
properties (23)
authortsnaks
permlinkre-dalz-sqhxup
categorysui
json_metadata{"tags":["sui"],"app":"peakd/2025.1.3","image":[],"users":[]}
created2025-01-22 15:32:51
last_update2025-01-22 15:32:51
depth1
children1
last_payout2025-01-29 15:32:51
cashout_time1969-12-31 23:59:59
total_payout_value0.125 HBD
curator_payout_value0.125 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length220
author_reputation64,922,988,111,178
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,210,295
net_rshares468,205,237,018
author_curate_reward""
vote details (2)
@dalz · 
But we are still early :)
πŸ‘  
properties (23)
authordalz
permlinksqi3pu
categorysui
json_metadata{"app":"hiveblog/0.1"}
created2025-01-22 17:39:30
last_update2025-01-22 17:39:30
depth2
children0
last_payout2025-01-29 17:39:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length25
author_reputation1,912,856,810,855,869
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,214,276
net_rshares0
author_curate_reward""
vote details (1)
@urun · 
good data!
properties (22)
authorurun
permlinkre-dalz-sqjhqh
categorysui
json_metadata{"tags":["sui"],"app":"peakd/2025.1.3","image":[],"users":[]}
created2025-01-23 11:39:51
last_update2025-01-23 11:39:51
depth1
children1
last_payout2025-01-30 11:39:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length10
author_reputation94,125,949,460,949
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,230,968
net_rshares0
@dalz · 
Da best :)
πŸ‘  
properties (23)
authordalz
permlinksqjiqt
categorysui
json_metadata{"app":"hiveblog/0.1"}
created2025-01-23 12:01:39
last_update2025-01-23 12:01:39
depth2
children0
last_payout2025-01-30 12:01:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length10
author_reputation1,912,856,810,855,869
root_title"A Look at the Fastest Growing L1 Chain - SUI! | Data on TVL, Wallets, Active Users, Transactions, Fees and More | January 2025"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id140,231,376
net_rshares6,059,874,741
author_curate_reward""
vote details (1)
Help/Feedback