As Bitcoin closes the week at a two-month high above $93,000, and other major cryptos like Solana and Ethereum register impressive gains, Sui Network has emerged as the leader of the top-cap coins, registering a 70% weekly price increase. The rally appears to have been fueled by the launch of the Grayscale SUI Trust and a partnership with xPortal/xMoney Mastercard, enabling SUI holders to spend their digital assets seamlessly in the real world.
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 vo
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