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SUI Price Surges 60% To Record High Market Cap, What’s Next? SUI price has experienced remarkable growth, rising by 32.4% within the past 24 hours, reaching a record-high market capitalization of approximately $8.7 billion. This surge has placed SUI in the 15th spot among the highest-valued digital assets. Meanwhile, the Sui ecosystem’s lending protocol, Scallop (SCA), has also seen substantial gains. SCA increased by 87% over the past week, with its total value locked (TVL) growing by 25.3%. This indicates a strengthening interest in the Sui network and its related assets. SUI Price Rally 60% In a Week Hitting New Market Cap High of $8.7B According to recent market data, SUI price surged 32.4% within the past 24 hours and over 60% in the last 7 days. This substantial growth has pushed SUI’s market capitalization to an all-time high of approximately $8.7 billion. This achievement has not only solidified SUI’s position in the market but also advanced it to the 15th spot among digital assets by market value. The sudden spike in SUI prices has attracted considerable attention from investors. The increase in SUI price is coupled with a surge in trading volume, indicating a rise in investor interest. Over the past 24 hours, SUI trading volume increased by over 250%, reflecting heightened market activity, and signaling a bullish outlook. Analysts attribute this price rise to strong on-chain metrics and a favorable market environment. Adding to the bullish sentiments, the MACD analysis on the daily chart indicates a strong upward trend for SUI. The MACD line has crossed above the signal line, currently reading 0.0211 against -0.0027, reflecting positive momentum. The histogram also supports this bullish outlook, as it has been showing green bars with increasing height. This widening gap between the MACD and the signal line indicates strengthening buying pressure and a continuation of the upward trend. Furthermore, the Bull Bear Power (BBP) analysis reinforces the bullish trend, showing a positive value of approximately 1.2590. This positive reading suggests that bulls are dominating the market, as buying strength surpasses selling pressure. Scallop (SCA) Gains 87% As Sui Ecosystem Grows In addition to SUI’s impressive performance, the Sui ecosystem’s lending protocol, Scallop (SCA), has also recorded significant growth. Over the past week, Scallop (SCA) has surged by 87%, reflecting increasing interest in Sui-based financial applications. As a lending protocol, Scallop plays a crucial role within the Sui ecosystem, facilitating lending and borrowing activities that contribute to the network’s utility. The remarkable growth of Scallop (SCA) highlights the potential of the Sui ecosystem to expand beyond just the SUI token, as users explore other financial services within the network. Alongside price gains, Scallop (SCA) has also seen a substantial increase in its total value locked (TVL), which rose by 25.30% over the past seven days. This increase in TVL demonstrates the growing engagement of users with the Scallop protocol. The rise in TVL is an essential metric, reflecting both user adoption and the protocol’s liquidity. What’s Next? Analysts Predict $10 Target for SUI Following the recent rally, market analysts are optimistic about the future trajectory of SUI price, projecting a potential target of $10 if current trends persist. This positive outlook is driven by robust on-chain metrics, including high trading volume and active user engagement. Additionally, post-election market dynamics and the popularity of meme coins within the ecosystem may serve as further catalysts for price appreciation. SUI November price prediction could continue to benefit from increased interest and favorable market conditions. If these factors align, SUI may see another significant rally, bringing it closer to the anticipated $10 target. #Dyor #Sui $SUI $SCA

SUI Price Surges 60% To Record High Market Cap, What’s Next? SUI price has experienced remarkable growth, rising by 32.4% within the past 24 hours, reaching a record-high market capitalization of approximately $8.7 billion. This surge has placed SUI in the 15th spot among the highest-valued digital assets. Meanwhile, the Sui ecosystem’s lending protocol, Scallop (SCA), has also seen substantial gains. SCA increased by 87% over the past week, with its total value locked (TVL) growing by 25.3%. This indicates a strengthening interest in the Sui network and its related assets. SUI Price Rally 60% In a Week Hitting New Market Cap High of $8.7B According to recent market data, SUI price surged 32.4% within the past 24 hours and over 60% in the last 7 days. This substantial growth has pushed SUI’s market capitalization to an all-time high of approximately $8.7 billion. This achievement has not only solidified SUI’s position in the market but also advanced it to the 15th spot among digital assets by market value. The sudden spike in SUI prices has attracted considerable attention from investors. The increase in SUI price is coupled with a surge in trading volume, indicating a rise in investor interest. Over the past 24 hours, SUI trading volume increased by over 250%, reflecting heightened market activity, and signaling a bullish outlook. Analysts attribute this price rise to strong on-chain metrics and a favorable market environment. Adding to the bullish sentiments, the MACD analysis on the daily chart indicates a strong upward trend for SUI. The MACD line has crossed above the signal line, currently reading 0.0211 against -0.0027, reflecting positive momentum. The histogram also supports this bullish outlook, as it has been showing green bars with increasing height. This widening gap between the MACD and the signal line indicates strengthening buying pressure and a continuation of the upward trend. Furthermore, the Bull Bear Power (BBP) analysis reinforces the bullish trend, showing a positive value of approximately 1.2590. This positive reading suggests that bulls are dominating the market, as buying strength surpasses selling pressure. Scallop (SCA) Gains 87% As Sui Ecosystem Grows In addition to SUI’s impressive performance, the Sui ecosystem’s lending protocol, Scallop (SCA), has also recorded significant growth. Over the past week, Scallop (SCA) has surged by 87%, reflecting increasing interest in Sui-based financial applications. As a lending protocol, Scallop plays a crucial role within the Sui ecosystem, facilitating lending and borrowing activities that contribute to the network’s utility. The remarkable growth of Scallop (SCA) highlights the potential of the Sui ecosystem to expand beyond just the SUI token, as users explore other financial services within the network. Alongside price gains, Scallop (SCA) has also seen a substantial increase in its total value locked (TVL), which rose by 25.30% over the past seven days. This increase in TVL demonstrates the growing engagement of users with the Scallop protocol. The rise in TVL is an essential metric, reflecting both user adoption and the protocol’s liquidity. What’s Next? Analysts Predict $10 Target for SUI Following the recent rally, market analysts are optimistic about the future trajectory of SUI price, projecting a potential target of $10 if current trends persist. This positive outlook is driven by robust on-chain metrics, including high trading volume and active user engagement. Additionally, post-election market dynamics and the popularity of meme coins within the ecosystem may serve as further catalysts for price appreciation. SUI November price prediction could continue to benefit from increased interest and favorable market conditions. If these factors align, SUI may see another significant rally, bringing it closer to the anticipated $10 target. #Dyor #Sui $SUI $SCA

According to Foresight News,CoinGecko market data indicates a notable increase in the value of tokens within the $SUI and Aptos ecosystems.In the Sui ecosystem,NAVX saw a 24-hour increase of 27.38%, currently priced at 0.19 USDT.SCA experienced a 24-hour rise of 25.8%, now priced at 0.4487 USDT.CETUS recorded a 24-hour gain of 21%,with a current price of 0.22 USDT.AAA surged by 31% in 24 hours, now priced at 0.0018 USDT.FUD increased by 19.5% over the same period,with a current price of 0.0(6)8861 USDT. In the Aptos ecosystem,$GUI saw a significant 24-hour increase of 53%,currently priced at 0.00004338 USDT.THL experienced a 24-hour rise of 20%,now priced at 0.5848 USDT.TRUAPT recorded a 24-hour gain of 19.4%,with a current price of 10.2 USDT.CELR increased by 17.8% over the same period,with a current price of 0.0146 USDT.

According to Foresight News,CoinGecko market data indicates a notable increase in the value of tokens within the and Aptos ecosystems.In the Sui ecosystem,NAVX saw a 24-hour increase of 27.38%, currently priced at 0.19 USDT.SCA experienced a 24-hour rise of 25.8%, now priced at 0.4487 USDT.CETUS recorded a 24-hour gain of 21%,with a current price of 0.22 USDT.AAA surged by 31% in 24 hours, now priced at 0.0018 USDT.FUD increased by 19.5% over the same period,with a current price of 0.0(6)8861 USDT. In the Aptos ecosystem,$GUI saw a significant 24-hour increase of 53%,currently priced at 0.00004338 USDT.THL experienced a 24-hour rise of 20%,now priced at 0.5848 USDT.TRUAPT recorded a 24-hour gain of 19.4%,with a current price of 10.2 USDT.CELR increased by 17.8% over the same period,with a current price of 0.0146 USDT. $SUI

According to Foresight News,CoinGecko market data indicates a notable increase in the value of tokens within the $SUI and Aptos ecosystems.In the Sui ecosystem,NAVX saw a 24-hour increase of 27.38%, currently priced at 0.19 USDT.SCA experienced a 24-hour rise of 25.8%, now priced at 0.4487 USDT.CETUS recorded a 24-hour gain of 21%,with a current price of 0.22 USDT.AAA surged by 31% in 24 hours, now priced at 0.0018 USDT.FUD increased by 19.5% over the same period,with a current price of 0.0(6)8861 USDT. In the Aptos ecosystem,$GUI saw a significant 24-hour increase of 53%,currently priced at 0.00004338 USDT.THL experienced a 24-hour rise of 20%,now priced at 0.5848 USDT.TRUAPT recorded a 24-hour gain of 19.4%,with a current price of 10.2 USDT.CELR increased by 17.8% over the same period,with a current price of 0.0146 USDT.