Sui (SUI) prices continued to rise on October 4, up 115% in the past 30 days, Cointelegraph reported. SUI rose from a low of $0.742 on September 2 to $2, approaching its all-time high of $2.18.
In comparison, the total crypto market capitalization has increased by 4.4% over the past month, while Bitcoin has gained 7.3%. SUI has the second-highest 30-day gain among the top 100 cryptocurrencies by market cap.
As SUI prices rose, Meme coins within its ecosystem also performed strongly. Data showed that the total market value of Meme coins on the SUI blockchain rose 15% in 24 hours on October 4 to $256.3 million.
Among them, Aaa cat (AAA) has risen 430% in the past seven days, Suiba Inu (SUIB) has risen 108%. The largest SUI based meme coin Sudeng (HIPPO) has risen 35% on the day, reaching a market value of $126.4 million.
The SUI network has seen a surge in activity, with transaction volume reaching $198.7 million on October 3, a 661% increase from $26.1 million on September 4. According to SuiScan data, total network transactions increased by 16.7 million in the past 24 hours to 2.02 billion.
DefiLlama data shows that the total locked value (TVL) of the SUI network has increased by 63% in the past 30 days to $100 million. This indicates increased user interaction and growing confidence in the network.
