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Home/News/SUI Network Sees Whale Accumulation Ahead of Gasless Upgrade
White Sui logo centered on a dark blue background with glowing circuit lines and abstract techno patterns
NewsAltcoinsCrypto News

SUI Network Sees Whale Accumulation Ahead of Gasless Upgrade

By Coin Gazette Editorial
May 16, 2026 2 Min Read
Comments Off on SUI Network Sees Whale Accumulation Ahead of Gasless Upgrade

The post SUI Network Sees Whale Accumulation Ahead of Gasless Upgrade appeared first on Coinpedia Fintech News

SUI Network is starting to look like one of those projects where whales accumulate quietly while retail traders argue over candles on social media. According to CryptoQuant data, large-volume buyers have been aggressively absorbing SUI in the $0.80 to $1.00 range during recent consolidation phases, creating what traders now view as a major macro support pocket.

Whale Wallets Quietly Load SUI Positions

The latest Spot Average Order Size data points toward heavy institutional-style accumulation inside the $0.90–$1.00 range. Instead of chasing pumps, larger players appear to be using sideways price action to build positions without sending the market vertical too early.

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

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

SUI Ecosystem Growth Accelerates Rapidly

Meanwhile, the network itself keeps expanding. Ledger reported SUI as one of its top trending assets this week with a 21.75% jump in trading volume activity inside the wallet ecosystem.

Another massive week in Ledger Wallet 🔥

Shout out to @OndoFinance @SuiNetwork @NEARProtocol

Let us know what you're buying 👇 pic.twitter.com/ujzSykCEf4

— Ledger (@Ledger) May 13, 2026

At the same time, tokenized real-world asset activity exploded. Just seven days after launch, users traded more than $200 million in tokenized TradFi assets through Astros AG. Stablecoin liquidity is also deepening, with Current SUI reaching $8.89 million in natively backed supply alongside a 72% utilization rate.

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

Gasless Transfers Could Change Everything

Next week, SUI plans to roll out gasless transfers, removing the need for users to hold native tokens just to complete transactions. That may sound technical, but it fundamentally changes onboarding friction for mainstream users.

But reality is that this is exactly the kind of infrastructure shift institutional players usually front-run early. Between whale accumulation, expanding ecosystem activity, and the incoming gasless upgrade, SUI is rapidly positioning itself as one of the more closely watched Layer-1 networks in the market.

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AltcoinsCrypto NewsGasless UpgradeNewsPrice AnalysisSui BlockchainWhale Accumulation
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