SUI Surges Past Competitors as Net Flows Reach Record High
SUI's price has surged by 15% over the last seven days, outperforming Ethereum and Solana in net flows. The cryptocurrency's strong performance is attributed to record-breaking daily net flows, which surpassed $6.8 million on Monday.
According to Artemis Terminal data, SUI led all blockchain networks in daily net flows, eclipsing Ethereum's $4.9 million and Solana's $3.4 million net flows in the last 24 hours.
The token has seen significant growth over the past quarter, with a 114% increase in value since August. In Q3, SUI moved from the $0.8 to the $1.75 range, outperforming many competitors during recent market downturns.
Crypto analyst Crypto Bullet described SUI's monthly performance as 'absolutely phenomenal', predicting further gains for the token in Q4 due to its traditionally bullish period for the crypto market.