 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
The price of SUI has increased by more than 9% today after closing in red for the past three days. The price now looks like it is about to continue the broader bullish rally after bouncing off support at around $1.70.
The price of SUI (CRYPTO: SUI) has increased by more than 9% today after closing in red for the past three days.
The price now looks like it is about to continue the broader bullish rally after bouncing off support at around $1.70.
This strong support level is one reason the price is moving up. However, there are also other positive on-chain metrics that are catalyzing this bullish run.
Heightened Interest and Activities Within the SUI Ecosystem
Joshua Orhue, known on Twitter as @JoshuaOrhue_, recently reported a significant development in the SUI ecosystem, stating, “BREAKING: 24 HOUR DEX TRADING VOLUME IN $SUI IS AT AN ALL TIME HIGH OF $221.3M.”
This surge in trading volume indicates heightened interest and activity among traders, which often correlates with price increases. A high trading volume can signify investor confidence and the potential for further upward movement.
Additionally, King.sol noted another impressive metric. According to him, SUI has clocked 746k daily transactions, surpassing Solana (CRYPTO: SOL) with lower fees and faster speed. This also came with no failed transactions. This points to SUI’s efficiency and reliability, which can attract more users and investors, thus driving the price higher.
In another tweet, King.sol added that a $10 billion market cap for $SUI isn’t far-fetched. He regards the blockchain as the fastest with user-friendly features and the highest daily transactions.
$10 billion Mcap for $SUI isnt far fetched. Fastest blockchain ✅ User friendly ecosystem ✅ Most daily transactions processed ✅
You can’t lose buying Sui at these levels ✅ pic.twitter.com/gK4pcyK8IV
With SUI currently holding a market cap of $5 billion, the prospect of reaching a $10 billion market cap would represent a significant 2x increase. This optimistic outlook, coupled with the blockchain’s performance metrics, suggests that the momentum could continue, further boosting investor sentiment.
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
- Consensus 2026 Miami: Web3, Blockchain, Cryptocurrency, NFTs, Metaverse, Conference, May 5th — Where Wall Street Meets the Digital Frontier
- May 01, 2026 at 11:27 pm
- Miami buzzes as Consensus 2026 approaches on May 5th, highlighting Web3, blockchain, crypto, NFTs, and the metaverse's shift from hype to institutional and sustainable reality.
-
-
- Bitcoin Miners Electrify the Grid: Ohio Gas Plant Acquisition Powers Up a New Era for Digital Gold
- Apr 30, 2026 at 10:38 pm
- The Bitcoin mining industry is undergoing a significant transformation, with major players aggressively expanding operations and strategically acquiring energy assets like Ohio gas plants to solidify their future in the digital economy.
-
-
- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
-
-
- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
-
- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
