In the last four hours, SUI/USDT has shown positive momentum. The price currently stands at approximately $3.73, reflecting a 15.72% increase in the past 24 hours. Trading activity has surged significantly, with a 24-hour volume exceeding $3.47 billion, indicating heightened market interest and volatility.
SUI's market capitalization is around $10.97 billion, ranking it among the top cryptocurrencies. This growth aligns with a broader market uptrend, as SUI outpaces many peers in the smart contract platform category.
Over the short term, SUI's price action has been supported by strong buying interest, particularly on major exchanges like Binance and Kraken. The token remains a popular choice for trading against USDT due to its liquidity and relatively narrow spreads.
For those monitoring the market, the current trend suggests bullish sentiment, but traders should remain cautious of potential pullbacks as the broader market stabilizes.