Sui Sees 20% Growth in a Single Day, Touted as ‘The Next Solana’ by Trader Advising It’s The Choice ‘For Those Who Missed Bitcoin’
Sui
SUI/USD has seen its valuation skyrocket, notching a 20% increase in the last 24 hours which builds on its impressive 112.9% growth over the past month, drawing parallels to Solana’s
SOL/USD
initial phase according to market enthusiasts.
What Happened: The SUI network has achieved a historical peak with its total value locked reaching $1.68 billion as of December 5, solidifying its status as one of the standout projects within the realm of digital currencies.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Sui SUI/USD |
$4.23 | $12.4 billion | +18.4% | +22.7% |
| Solana SOL/USD |
$238.95 | $113.6 billion | +5.1% | +1.4% |
| Polkadot DOT/USD |
$11.07 | $16.9 billion | +5.3% | +36.3% |
Trader Notes: Prominent crypto trader ShardiB2 has tagged Sui as an asset to keep on the radar for those who may have missed Bitcoin’s latest rally,
highlighting their prediction prior to the recent surge in Sui’s price.
Likewise, macro investor Raoul Pal referred to Sui’s price trajectory as a “stairway to heaven” in a
recent entry on X. Pal also provided a graphical comparison of Sui with Solana in his communication:
Trader Tnut has praised Sui as a “clean trade,” meanwhile market analyst Alex Clay
foresees that Sui will easily escalate above $5 as it perfectly rebounds from the ascending trendline.
Community News: The Sui ecosystem recently celebrated the integration of Phantom Wallet as announced
here.
Phantom Wallet, boasting over 7 million active monthly users and accounting for more than 560 million on-chain operations in the current year, is positioned to broaden Sui’s user base significantly.
This partnership is expected to streamline asset exchanges, native bridging solutions, and deliver an upgraded trading experience for the community.
The collaboration is hailed as an essential stepping stone within the Sui Network’s evolution into a leading high-performance blockchain platform.
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