The price of the token #SUI has risen by 23% in one day, trading at US$3.8 yesterday. This is part of a prevailing rally that began on April 21 and has seen the token increase by more than 74% in the last seven days. SUI's performance in the last seven days made it the biggest winner among the top 100 cryptocurrencies by market capitalization.

The rise of the SUI token is mainly driven by growing investor confidence following the launch of the Grayscale SUI Trust and SUI's strategic partnership with xPortal and xMoney to issue a virtual Mastercard across Europe.