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SUI Price Skyrockets 70 Percent Weekly

SUI Blockchain Sees 70% Weekly Price Surge

  • SUI coin’s price increased by 69% over the past week, trading at $3.55.
  • The network’s Total Value Locked (TVL) rose by 38% to $1.641 billion.
  • 24-hour DEX volume surged by 177%, reaching $599 million.
  • Stablecoin value on Sui increased from $482 million to $879 million, marking an 82% rise.
  • Futures Open Interest for SUI grew by 24%, totaling $1.51 billion.

The SUI blockchain experienced a significant price rally, driven by increased TVL, DEX volume, and stablecoin growth, highlighting strong market interest and capital inflows into the network.

Source (2.6)https://coingape.com/heres-why-sui-price-rallied-over-70-in-a-week/?rand=24432
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