SUI Surges Past Ethereum, Solana in Net Flows as Analysts Predict Further Gains
The Sui Network has seen a significant surge in recent times, with its token price increasing by 15% over the last seven days. This growth is attributed to record-breaking net flows, which surpassed those of Ethereum and Solana.
Market analyst Crypto Bullet described this performance as 'absolutely phenomenal', while also predicting further gains for SUI in Q4. The token currently sits 20% below its all-time high of $2.17.
The Sui Network has achieved several milestones, including leading all blockchain networks in daily net flows on Monday with $6.8 million in positive net flows. It also reached $1 billion in Total Value Locked (TVL) on Sunday, less than two years after its mainnet launch.