$SUI

SUI has surged 44% in July, surpassing Ethereum and Solana, thanks to strong capital inflows into the crypto market. Currently, SUI is trading around $3.85 and has recorded an increase of over 30% in the past week. This growth is driven by investor interest and the development of the SUI ecosystem.

Some key factors contributing to the growth of SUI include[¹](https://tapchibitcoin.io/sui-tang-vot-44-trong-thang-7-vuot-mat-ethereum-solana.html):

- *Growth in total value locked (TVL)*: The TVL of SUI has reached an all-time high of $2.219 billion, indicating deeper user engagement in the ecosystem.

- *Monthly fees increase*: The monthly fees of SUI have risen by 42% to $42,000, doubling that of Ethereum during the same period.

- *Capital flow rotation*: Capital is flowing into SUI, making this altcoin an attractive destination for investors.

However, whether SUI can maintain its leading position still depends on many factors, including the overall crypto market situation and competition from other altcoins. Currently, the price of SUI is approaching a critical supply zone of $4, and the bulls will need to maintain strength to surpass this threshold.