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Sui Network's Explosive Q3 Growth: How It Powers the Meme Coin Surge on Sui

Sui Network's Explosive Q3 Growth: How It Powers the Meme Coin Surge on Sui

The Sui Network is making waves again, and this time it's all about real, tangible growth. In a recent tweet from @SuiNetwork, they spotlighted a fresh report from Delphi Digital that dives into the ecosystem's performance during Q3 2025. If you're into meme tokens, this isn't just DeFi jargon—it's the kind of infrastructure boost that could supercharge your favorite Sui-based memes. Let's break it down in simple terms and see why this matters for the meme coin scene.

First off, the tweet quotes Delphi's detailed thread, emphasizing how Sui is shifting from tech demos to actual utility. Stablecoins—those reliable digital dollars like USDC or USDT that keep things steady in crypto—are exploding on Sui. Daily volumes averaged a whopping $46.4 billion, with peaks hitting $139.7 billion. That's a ton of liquidity flowing in, making it easier and cheaper to trade everything from blue-chip assets to, you guessed it, meme coins.

Chart showing rising stablecoin volume growth on Sui from January to October 2025

Ethena, a big name in yield-bearing stables, brought suiUSDe to Sui and is now rolling out USDi, a native dollar designed for seamless DeFi and payments. Add in tools like T'order, an SDK that bundles multiple transfers into one atomic transaction, and you've got a network primed for fast, efficient trades. Mysten Labs even teamed up with Google for a live test of the Agentic Payments Standard, where six stablecoin buys happened in a single go. For meme token traders, this means quicker swaps and lower fees, reducing the friction that can kill a hype cycle.

Then there's BTCFi—Bitcoin DeFi—racking up over $3.2 billion in cumulative trading volume, with daily peaks above $22 million. More than 1,300 BTC (worth over $170 million) is parked in Suilend markets, and variants like sBTC from Stacks, tBTC from Threshold, xBTC from OKX, and LBTC from Lombard are adding even more options. This influx of Bitcoin liquidity is huge for memes because it brings in serious capital from BTC holders looking to ape into fun, high-risk plays without leaving the ecosystem.

Stacked bar chart of Bitcoin DeFi volume on Sui by token variant from February to October 2025

Real-world assets (RWAs) are also heating up, lending credibility to the whole network. Matrixdock launched XAUm, a gold-backed token with audited vaults, while heavyweights like Franklin Templeton and VanEck are getting involved—think tokenized products, a SUI ETN in Europe, and even a filed SUI ETF in the US. This institutional interest isn't just for suits; it stabilizes the ecosystem, making it a safer playground for meme coins to thrive without as much regulatory heat.

Specific protocols are crushing it too. Suilend crossed $1 billion in deposits, thanks to automated yield loops and leveraged positions across SUI, BTC, and USDC. They even did $3 million in token buybacks, retiring 3.5% of supply from revenue—talk about sustainable growth. Cetus Protocol hit $80 billion in cumulative trading volume, dominating on-chain trades with new DLMM routes for better liquidity. Momentum (MMT Finance) cleared $22 billion in volume with $465 million TVL, launching vaults that automate range management for pairs.

Line chart of Momentum's DEX volume and TVL growth in Q3 2025 Stacked bar chart of Sui's trading volume dominated by Cetus and Momentum through Q3 2025

Now, how does all this tie into meme tokens? Sui's already home to a buzzing meme coin community, with top picks like Sudeng (HIPPO), LOFI, MIU, BLUB, FUD the Pug, AXOL, and Tardi leading the charge. These aren't just jokes; they're leveraging Sui's high-speed, low-cost transactions to build massive communities. With surging stablecoin and BTCFi volumes, there's more money sloshing around for pumps and trades. DEXes like Cetus and Momentum provide the deep liquidity pools needed for meme volatility without slippage eating your gains. Plus, as institutions pile in via RWAs, the overall network gets more robust, attracting devs and users who might spin up the next viral meme.

If you've been eyeing Sui memes, this report is a green light. The ecosystem's momentum could mean bigger airdrops, more integrations, and wilder price action ahead. Keep an eye on CoinGecko's Sui Meme category for the latest market caps and volumes. As a former CoinDesk editor, I've seen chains rise and fall—Sui's got the tech and now the traction to stick around. What's your favorite Sui meme? Drop it in the comments below!

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