Markets

3 main reasons for 60% of Sui price rally last week

Many Altcoins have organized an important growth trend over the past week, with Sui Võrk even outperforming the largest digital currencies on the market. During the seven -day period, the coin recorded at least 70% of the rally and moved in the rankings to become the 11th largest coins.

Why does Sui jump?

In accordance New knowledge One of the main increase in the SUI rally is the increased increase in the total thrust of the Sui Rally (TVL) – a metric that defines how many user tools are locked in the protocol. For Sui, it's $ 1.645 billion, which is 38%in the last week.

Between them

Sui and XRP shine when the crypto market sees a record $ 2.9 billion

Another factor behind the protocol The breakthrough of the native sign There is an increase in decentralized shifts in the chain. This is $ 599 million, which is 177% more than last week.

Finally, the price growth of the Sui is attributed to the stable activity of the network, which has accumulated significantly over the past week. Stablecoins have increased from $ 482 million to $ 879 million, marking an 82% rally in the last two months.

As the coin outperforms its historic short -term trends, he now hopes to slip into the top ten capitalized coins in Tron.

Sui price for ATH?

Early this week At the edge of the dogecoin And in the middle of Cardano consolidation flashes in the wider market. The coin traded for $ 3.642 during the press, 22.54%within 24 hours.

Between them

Shiba Inu slides hedera and Sui Bullish setback

Sui is one of the few assets that have left losses over the past month as it jumped over 44%during this period. With the current set of coin, it is possible to move away with a potential return to the highest level of $ 5.351.

SUI online is the correct attachments And the basics, the perfect cooperation and ecosystem, which may increase its growth in the future.

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