trading operations
The current price of Sui (SUI) is around $3.83 to $4.03, with a 24-hour trading volume of $1.169 billion to $18.23 million. Here's a breakdown of the key statistics ¹ ² ³:
- *Market Capitalization*: $13.052 billion to $13.902 billion, ranking it 13th to 16th among cryptocurrencies
- *24-hour Price Change*: +2.07% to +7.04%
- *7-day Price Change*: +15.65% to +16.32%
- *Circulating Supply*: 3.455 billion SUI tokens
- *Total Supply*: 10 billion SUI tokens
Sui's price has been influenced by various factors, including ¹ ³ ⁴:
- *DeFi Adoption*: Rising adoption of decentralized finance (DeFi) has contributed to Sui's price surge
- *Partnerships*: Integration with NEAR Protocol enhances usability for cross-chain swaps
- *Investor Confidence*: Total value locked (TVL) hitting an all-time high boosts confidence in the platform
Some notable investors in Sui include ⁵ ⁴:
- *Andreessen Horowitz (a16z)*
- *Coinbase Ventures*
- *Binance Labs*
- *Circle*
- *Electric Capital*
Sui's features include ³:
- *Horizontally Scalable*: Supporting a wide range of application development
- *Unparalleled Speed*: Fast transaction processing times
- *Low Cost*: Low transaction fees