Why is Sui going up?

Could you please explain to me the reasons behind Sui's recent surge in value? I'm quite interested in understanding what factors might be driving its upward momentum in the crypto market. Is it due to fundamental strengths in its technology, or perhaps some external events or announcements that have sparked investors' interest? Additionally, could you also comment on its potential for further growth and sustainability in the long run? I'm keen to get a deeper insight into Sui's performance and prospects.