Shenzhen TechFlow News, on October 5, according to Cointelegraph, Sui blockchain’s native token SUI has performed strongly recently, with a price increase of 115% in the past 30 days. This significant increase is mainly attributed to the successful integration of the USDC stablecoin on the Sui network, which subsequently triggered a significant rebound in Meme coins within the ecosystem.

Data shows that SUI climbed from its low point in early September to a high of $2 on October 4, only 8.8% away from its all-time high. At the same time, the total market value of the entire cryptocurrency market increased by only 4.4%, and Bitcoin increased by 7.3%. SUI's performance makes it the second highest token among the top 100 cryptocurrencies in market value in the past month.

As of October 4, the total market capitalization of Meme coins on the Sui blockchain increased by 15% in 24 hours, reaching $256.3 million. Sui network activity has also shown significant growth. Transaction volume surged 661% from $26.1 million on September 4 to $198.7 million on October 3. Total Volume Locked (TVL) has risen 63% in the past 30 days, surpassing $1 billion.