SUI Surpasses Tron to Become Third-Largest Blockchain by Daily Active Addresses

Anna Martynova

SUI has surpassed TRON to become the third-largest blockchain by daily active addresses, growing to 2.46 million users. The cryptocurrency market as a whole continues to decline, and Sui (SUI) is among the tokens that have been hit the hardest. At the time of writing, SUI is trading at $2.17, reflecting a 9.73% drop in the last 24 hours. The token has seen a 19.97% decline over the past week.

While price indicators are showing a decline, network activity on the Sui blockchain paints a different picture. According to the latest blockchain activity data, Sui has risen to third place by active addresses, surpassing Tron. Daily active addresses on Sui have grown from 1.38 million to 2.46 million, representing an increase of 1.08 million users. The shift dropped Tron to fourth place after its activity dropped slightly to 2.45 million from 2.77 million.

Address data from IntoTheBlock confirms the decline in user activity on Tron. The number of new addresses dropped by 3.06%, indicating a slowdown in the registration process. In addition, the number of active addresses dropped by 6.86%, which may indicate a short-term stabilization of the network after the recent rise. At the same time, the number of addresses with zero balances on Tron increased by 16.42%, reflecting high wallet churn.

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