• SUI has gained a big 112.11% over the previous 30 days.
• Over the identical interval, NEAR rose solely about 13.6%.
• SUI continues to outperform and is approaching its ATH of $2.36.

SUI, the native token of Sui Community, a layer-1 blockchain recognized for its safe and scalable platform, has seen a big enhance in worth over the previous few weeks, outperforming main cryptocurrencies similar to Close to Protocol’s NEAR token .

In keeping with information from CoinMarketCap, SUI has gained 112.11% prior to now 30 days. It rose 0.5% prior to now 24 hours to $2.25. The cryptocurrency's buying and selling quantity elevated by 1.78% to $1.19 billion, and its market capitalization now stands at a large $6.18 billion.

SUI can be up 17% prior to now seven days, and given its robust efficiency and rising adoption, there's likelihood it may rise additional. SUI is presently solely 4.55% away from its all-time excessive of $2.36 set on October 14, 2024.

Additionally learn: Transfer-based blockchain: Aptos, Sui, and Motion comparability

SUI’s Relative Power Index worth is 69.5, which signifies that the bulls are general liable for the altcoin’s worth motion and the demand for the cryptocurrency could be very excessive. Value hikes are more likely to proceed within the brief time period.

NEAR is falling behind

However, NEAR has solely elevated by 13.62% prior to now 30 days. It additionally has a a lot decrease buying and selling quantity of $241 million and a market cap of $5.8 billion. On the time of writing, NEAR has fallen 8.35% over the previous week to a worth of $4.78, representing a big drop of 76.31% from its all-time excessive of $20.42 in January 2022.

The Relative Power Index worth for NEAR is 50.27, which signifies that the bears and bulls are virtually evenly matched and a breakout to both facet is feasible relying on the general market development and the quantity of shopping for and promoting. I’ll. Bitcoin worth developments.