As many assets in the cryptocurrency market start to slowly recover after recent losses, Sui Network (SUI), the so-called ‘Solana (SOL) killer’ or the ‘next Solana-like big mover’ has skyrocketed almost 18% in the last 24 hours, catching the attention of many crypto traders.
Indeed, the huge rise of the currently 28th-largest token in the crypto sector by market capitalization has sparked curiosity over what has led it to surpass every other digital asset in daily gains, as well as making it the second top mover in terms of weekly price increases.
Specifically, SUI has today advanced by a whopping 17.88%, adding up to its 27.23% gain across the past seven days, and accumulating an increase of 5.39% over the last month, as it reached the price of $1.04, according to the most recent data retrieved on September 12.
SUI price 24-hour chart. Source: Finbold
Why is Sui crypto price up today?
Notably, one reason for the rise could be the announcement by digital assets m
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