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SUI Surges 70% in a Week – Is a New All-Time High on the Horizon?
SUI Surges 70% in a Week – Is a New All-Time High on the Horizon?
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui, a layer-1 blockchain that uses parallel transaction execution for scalability, has seen a 70% price increase over the past seven days. The network’s DeFi total value locked (TVL) ROSE 38% to $1.64 billion, hitting its highest level since February 2. Decentralized exchanges on Sui experienced a remarkable 177% surge in activity, indicating growing interest from traders and investors.
This rally aligns with renewed bullish momentum across the broader crypto market. Sui’s market capitalization now sits at $12.01 billion, with 24-hour trading volume reaching $3.70 billion. The token’s volatility remains high at 23.3%, presenting both opportunities and risks for market participants.
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