The price of the SUI token has risen over 61% in the last 30 days, currently trading around $1.61. Its market cap stands at $4.3 billion, making it one of the top-performing altcoins this year. These gains reflect growing interest in Sui's DeFi applications and recent partnerships, though it is still down from its all-time high of $2.18 from March 2024.
Opinion: Its going to the overheated region and will cause a lot of liquidation in terms of longing from this level. Shorts will become evident when market will retrace and reverse.
