SUI Price Surges 112% in 30 Days, Outperforming NEAR Protocol

  • SUI has surged a whopping 112.11% in the past 30 days.

  • NEAR has risen just around 13.6% in the same period. 

  • SUI continues to outperform near and is approaching its ATH at $2.36.

SUI, the native token of the Sui Network, a layer-1 blockchain known for its secure and scalable platform, has seen a massive price surge in the past few weeks, outperforming major cryptocurrencies like Near Protocol’s NEAR token.

According to the data from CoinMarketCap, SUI has jumped by 112.11% in the last 30 days. In the past 24 hours, it rose by 0.5% to $2.25. The cryptocurrency’s trading volume increased by 1.78% to $1.19 billion, and its market cap is now at a whopping $6.18 billion.

SUI has also surged by 17% in the past seven days, and there’s a good chance it could climb even higher given its strong performance and growing adoption. SUI is currently only 4.55% away from its all-time high of $2.36, which it reached on October 14, 2024.

Read also :Move-Based Blockchains: Aptos, Sui, and Movement Compared

The Relative Strength Index for SUI reads a value of 69.5 which means that the bulls are overall in charge of the altcoin’s price action and the demand for the …

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