According to @nansen_ai, their recent market summary provides concrete insights into current DeFi activity and on-chain trading patterns, including increased stablecoin flows and heightened DEX volume as of May 2025 (source: @nansen_ai via @tradeparadex). The report highlights strong user growth on decentralized exchanges and notes a significant uptick in institutional activity, both of which are impacting liquidity and volatility in major cryptocurrencies. Traders are advised to monitor these on-chain metrics closely, as they signal potential short-term price movements and opportunities for arbitrage in the rapidly evolving crypto landscape.

According to Lookonchain, the $SUI price has surged by 60% over the past week, driven by a 38% increase in Total Value Locked (TVL) to $1.645 billion and a significant rise in daily DEX volume, which reached $599 million—a 177% increase from last week. This growth in TVL and trading volume indicates a strong bullish sentiment and increased investor confidence in the $SUI ecosystem. Additionally, the rapid growth of stablecoins on the Sui network over the last two months supports the upward price movement, suggesting a robust DeFi expansion. [Source: Lookonchain]