๐ SUI Surges 12% Amid Token Unlock and Bullish Momentum๐
๐ฅ๐ฅ $SUI has experienced a 12% price increase in the past 24 hours, reaching approximately $3.93. This surge coincides with Bitcoin's ascent above $99,000 and the announcement of a U.S.-U.K. trade deal, which has bolstered investor confidence across the crypto market.
On May 1, 2025, Sui unlocked 74 million tokens, representing about 2.28% of its circulating supply. While such events often introduce volatility, Sui's strategic token release schedule aims to maintain market balance and support network growth.
Analysts project that SUI could reach up to $4.63 by December 2025, with an average trading price around $4.28, driven by strong DeFi metrics and stablecoin integration .(Cryptonews)
As Sui continues to gain traction, investors are closely monitoring its performance for potential long-term growth.
Stay tuned for more updates on Sui's market performance and developments.