SUI Leads Crypto Market Surge with 53% Monthly Growth
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui (SUI) has emerged as the top-performing cryptocurrency among the top 10 assets by market capitalization, achieving a 53% monthly gain as demand for its smart contract platform accelerates. The rally gained traction after SUI surpassed its 21-day exponential moving average on April 22, supported by five consecutive days of increasing trading volumes, indicating heightened investor interest.
Institutional validation followed with Grayscale’s introduction of a SUI Trust, offering accredited investors regulated access to the token. This endorsement represents a significant milestone in Sui’s adoption journey, paralleling the early institutional pathways of major layer-1 blockchains.
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