#SUI Token Soars 72% in a Week, Leading the Altcoin Market
SUI has grown 72% in one week, making it one of the best-performing altcoins in the cryptocurrency market!
Sui ecosystem data shines: TVL skyrocketed 41%, stablecoin market cap increased by 82% (from $482 million to $879 million). The market enthusiasm is high, possibly driven by rumors of a collaboration with Pokémon. Sui is becoming a strong competitor to Solana.
In the past week, the price of $SUI has risen by 60%.
What are the factors driving the growth of $SUI?
1️⃣ TVL surged by 38%
Total Value Locked (TVL) reached $1.645 billion, reflecting ecosystem activity and user confidence.
2️⃣ DEX trading volume skyrocketed by 177%
24-hour trading volume exceeded $599 million, with surging demand directly pushing the price of the coin.
3️⃣ Ecosystem expansion accelerating
Developers and funds continue to flow in, enhancing network utility.
Additionally, stablecoin scale surged by 82%, with the total amount of stablecoins on the Sui chain skyrocketing from $482 million to $879 million, indicating that users are using it as a medium for value storage, significantly enhancing ecosystem trust.
Moreover, rumors of collaboration with Pokémon are brewing.
The market is buzzing about Sui possibly collaborating with Pokémon, based on:
Sui's Web3 company Parasol appearing in Pokémon HOME privacy policy.
Sui Foundation previously mentioned "NFT card game," which was later deleted (not officially confirmed).
The rumors continue to bring market enthusiasm to SUI.
