CandleFocus

SUI Price Surges 60% To Record High Market Cap, What’s Next?

The SUI cryptocurrency has experienced a significant increase in price, rising by 32.4% in the past 24 hours and 60% in a week. Its market capitalization is now approaching $8.7 billion, making it the 15th most valuable cryptocurrency globally. Additionally, the lending protocol of the Sui ecosystem, Scallop (SCA), has also seen positive growth. SCA has increased by 87% in the last week, and its total value locked (TVL) has grown by 25.3%. These developments indicate a growing interest in the Sui network and its associated assets.

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