Sui ($SUI )

Among Ethereum rivals, the SUI coin showcased the highest growth in 2024, with a year-to-end growth of $170. The bullish trajectory could be attributed to developments like the Grayscale trust fund launch, USDC integration, and major collaborations.

With an intraday gain of 13.7%, the SUI price provides a decisive breakout from the $2 psychological level. The altcoin currently trades at $2.09, just 4% away from entering price discovery mode.

In addition, the SUI’s total volume locked has recently surpassed the $1 Billion milestone, according to DeFiLlama data. This increase signifies that more users are locking assets into SUI’s decentralized protocols, leading to increased liquidity and more significant usage of DeFi services

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