As Bitcoin closes the week at a two-month high above $90,000, Sui Network has emerged as the leader of the top-cap coins

SUI's breakout week: price and platform metrics. Sui's native token, SUI, has experienced a dramatic rally over the past seven days.

Sui Network’s (SUI) impressive rally continues, with the token surging 70% over the past week to close at a two-month high above $93,000, and other major cryptos, such as Solana (SOL) and Ethereum (ETH), also registering significant gains.

As the week comes to an end, Sui Network has emerged as the leader of the top-cap coins, registering a 70% weekly price increase, while Solana follows closely with a 46% gain and Ethereum with a 36% rise.

This rally appears to have been fueled by the launch of the Grayscale SUI Trust and a partnership with xPortal/xMoney Mastercard, which will allow SUI holders to spend their digital assets seamlessly in the real world.

Engineers at the blockchain network are introducing new features and scaling solutions, aiming to enhance the network’s capabilities further.

SUI’s breakout week: price and platform metrics

Sui’s native token, SUI, has experienced a dramatic rally over the past seven days. Heading into the weekend, it made gains of 70%, reaching over $3.5 per coin and propelling the SUI token to the 13th-largest crypto by market cap, now valued at over $11 billion with a weekly trading volume of more than $3.3 billion.

The platform’s decentralized finance (DeFi) ecosystem has been a key driver of this momentum, with popular decentralized exchange (DEX) Cetus registering an 84% surge in weekly volume at over $1.4 billion.

This uptick highlights growing user confidence and developer engagement as more capital is locked into Sui’s smart contracts and DeFi apps despite broader macro uncertainty.

What is Sui Network, and what sets it apart?

Launched as a Layer 1 blockchain, Sui Network is engineered for high scalability, low latency, and efficient asset management. At its core lies an object-centric data model and the Move programming language, allowing for parallel transaction processing and sub-second finality.

This efficient architecture enables Sui to handle a high transaction throughput, making it particularly attractive for DeFi, NFTs, and gaming applications that require speed and minimal fees.

Unlike most traditional blockchains, which process transactions sequentially, Sui’s parallel execution model allows many transactions to be processed simultaneously, boosting speed and efficiency. The Move language also enhances security, reducing vulnerabilities common in other smart contract platforms.

SUI, the network’s native token, is used for transaction fees, staking, governance, and powering various DeFi and gaming use cases.

Sui’s gains amid broader market uncertainty

The past week has seen heightened volatility in traditional markets and an uncertain outlook for the global economy. As March 2025 comes to an end, the total crypto market cap fell 4.4%, according to Binance Research.

This downturn can be attributed to macroeconomic uncertainty, U.S. Federal Reserve policy, and renewed tariff tensions. However, despite this turbulence, blue-chip assets like Bitcoin and Ethereum have shown resilience, and major altcoins have also begun to factor into the market’s renewed enthusiasm.

While most altcoins have experienced choppy price action, reflecting broader market indecision, crypto traders and economists are urging caution.

Crypto Banter’s Ran Neuner warns that this crypto pump won’t last long, and traders should brace for a swift reversal.

This pessimistic outlook stands in contrast to the strong performance of Sui, which has outpaced most of its peers. With its DeFi ecosystem registering substantial growth and trading volumes surging despite the market’s cautious mood, Sui highlights the potential for scalable blockchains to attract users and capital in the evolving crypto landscape.