Home Beginner Crypto Tutorials How Suiscan Helps You Explore the Sui Ecosystem

How Suiscan Helps You Explore the Sui Ecosystem

Use Suiscan Explorer to Analyze Sui Ecosystem Tokens and Discover New Apps

by Adam
5 minute read
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How to Get the Most Out of Suiscan Sui Blockchain Explorer

We’re going to take a closer look at Suiscan which is one of the top explorers for the Sui blockchain.  Suiscan is a great starting point if you’re new to the ecosystem.  Like SuiVision, Suiscan is a fantastic tool that helps you discover all the Sui ecosystem apps, NFT collections, tokens, validators, wallets, DeFi projects, blockchain analytics, and more.

How to Use Suiscan to Analyze Sui Ecosystem TokensSuiscan for Sui ecosystem tokens.

Suiscan is a great tool for analyzing Sui meme coins, AI agents, and utility tokens.  Simply search for the token you want to analyze by name or by contract address.  In this example, I’ll use Walrus Protocol’s $WAL token to show you the process I use when leveraging Suiscan to gain better insight into Sui ecosystem coins.

My starting point for watching Sui ecosystem tokens is Dex Screener.  It’s an awesome free tool to find tokens on Sui or any blockchain. Use Dex Screener to find Sui ecosystem tokens like $WAL. Copy the contract address from Dex Screener and paste into Suiscan search.

In this example, we’ll go through the progressions of using Suiscan to analyze the $WAL token.  To start analysis of Walrus token, on Dex Screener, I’ll copy the contract address for $WAL, then go back to Suiscan, and paste it in the search bar.

Suiscan makes it easy to see all the key information in regards to Walrus Protocol’s $WAL token.Suiscan helps analyze Sui ecosystem tokens like Walrus $WAL.

Some of the metrics I look at are:

  • Date created to get an idea of how long the Sui ecosystem token has been around.
  • Market cap
  • Trading volume – good indicator for token demand.
  • Max supply and circulating supply are key metrics to $WAL or any token.
  • Holder count – you want to see a rising holder count.

This process allows you to conduct thorough research on any token’s decentralization and community strength before investing.  Also, make sure to check out the token’s X profile to get a feel for how many people follow the project and the overall social sentiment.

Stay Up-To-Date on Sui Ecosystem with Suiscan News HubSuiscan News Hub is a good way to keep track of Sui Network happenings.

On the homepage of Suiscan you’ll find the News Hub which is a great way to stay informed on big Sui blockchain developments.  Starting your day on the Suiscan News Hub is a good way to learn about new projects and take advantage of Sui ecosystem airdrops.  Having a clear understanding of what’s happening on Sui can be very profitable.

Suiscan is Good Way to Manage your Wallet Net Worth and ActivityConnect your Sui wallet to Suiscan to manage your portfolio.

When you connect your Sui wallet (or Phantom wallet) to Suiscan, you unlock additional features that give you a clear picture of your portfolio and trading activity:

Suiscan Blockchain Exploration ToolsSuiscan for Sui Network metrics and analysis.

Suiscan makes it easy to see key metrics that give you a feel for the growth and adoption of the Sui Blockchain.  The metrics I use Suiscan to get insight into include; Market Cap, Circulating Supply, Total Supply, Total Stake, and Dominance.  I really like monitoring Dominance as it shows how well Sui is doing compared to all other cryptocurrencies.

Find New Sui Ecosystem Apps with SuiscanUse Suiscan to discover Sui ecosystem dApps!

Navigate to the Apps section of Suiscan to discover more than 700 decentralized applications in the Sui ecosystem.  Suiscan makes it easy to search for dApps by categories such as Games, Bridges, Meme, Wallets, Security, Payments, and more.  Keep on eye on the Apps section of Suiscan to catch new projects like SEAL, Noodles Finance, NODO AI, and Utila to name a few.

Suiscan for DeFi on SuiUse Suiscan to discover Sui ecosystem DeFi projects.

The DeFi category of Suiscan shows you the top Sui ecosystem protocols sorted by Total Value Locked.  Currently, Suilend, NAVI Protocol, Cetus, Scallop, and SpringSui round out the top 5.  Also under the DeFi category on Suiscan you’ll find the top DEX Liquidity Pools in the Sui ecosystem.  Finally, see all Sui DEX activity in real-time to get a feel for what traders are doing on-chain.

Suiscan Coins SectionSuiscan Coins section is a great place to discover all the Sui ecosystem tokens.

Browse all the Sui ecosystem tokens sorted by holder count in the Coins section of Suiscan.  Currently, $SUI ranks #1 with over 23 million unique wallets that holding the token.  This section is particularly useful for researching meme coins like $BLUB and $LOFI as well as utility tokens like DeepBook and SuiNS.

Discover NFT Collections on SuiscanUse Suiscan to discover Sui ecosystem NFT collections!

View all the NFT collections on Sui, sorted by sales volume from marketplace metadata. Tradeport is the top marketplace for Sui NFTs.  The NFT section of Suiscan gives you a clear vision of which projects have significant trading volume which is a key metric.  Currently, Ika’s MF Squid Market is the top NFT collection on the Sui blockchain with over 265,413 in $SUI volume over the past 30 days.

View Key Sui Network Analytics on SuiscanUse Suiscan to gain insight into Sui Network analytics.

You’ll find all the key metrics needed to properly analyze the Sui Network on Suiscan.  Some of the key metrics I look at on a weekly basis to keep a pulse on the health of the Sui blockchain using Suiscan are as follows:

  • Transactions Per Second (TPS) shows speed of the blockchain
  • Total Account
  • New Accounts (Number of new accounts in the staking ledger)
  • Active Accounts (41,618,105 is last 30 days)
  • Average Gas Fee (extremely low on Sui)
  • Average Number of Active Validators (106)

Suiscan Gives you The Insight Needed to Thrive in the Sui Ecosystem

Suiscan like Pawtato Finance, stands as an essential tool for all active Sui ecosystem participants. Whether you’re researching meme coins, utility tokens, exploring NFT collections, or simply monitoring your portfolio, Suiscan explorer provides valuable insights and functionality.

For a complete understanding of the Sui ecosystem, consider using both Suiscan and SuiVision as complementary analysis tools to stay informed on the rapidly expanding Sui Network.

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