- SUI has risen by a whopping 70% over the previous seven days.
- Sui Community's TVL additionally rose to $1.383 billion.
- The SUI RSI worth is 78, confirming that the altcoin is overbought.
SUI, the native token of the layer-1 blockchain Sui Community, has soared 70% previously week and continues to set new highs, outperforming most altcoins in latest months. Presently the 14th largest cryptocurrency by market capitalization, SUI is a profitable funding.
SUI is buying and selling at $3.15, up 9.87% previously 24 hours and 56.35% previously 30 days, in keeping with knowledge from CoinMarketCap. The altcoin has soared a large 441.76% since November 2023, growing its market capitalization from $584 million to $8.96 billion on the time of publication, displaying immense development potential.
About an hour in the past, SUI hit a brand new all-time excessive at $3.28 and is at the moment buying and selling at a 3.54% low cost from there. In keeping with DefiLlama knowledge, the whole worth lock (TVL) of blockchain protocols can also be on the rise. The worth of SUI's TVL has elevated from $133 million on November 11 final 12 months to $1.383 billion on the time of writing.
However, the lending protocol Scallop (SCA)…
The article “SUI Costs Bounce 70% in One Week Fuels Hypothesis of a Transfer to $10” was first printed on Coin Version.
