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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/sui-network-sees-significant-price-increase-and-wallet-activity/" data-wpel-link="internal">SUI Network Sees Significant Price Increase and Wallet Activity</a><br></p>
<p style="text-align: justify">As a layer-1 blockchain, the Sui network experienced significant developments. Over the past 24 hours, the <strong>SUI</strong> price increased by over 10%, marking an important milestone. On the SUI blockchain, the number of active wallets surpassed 1 million following <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> growth and increased adoption.</p> 
<h2 style="text-align: justify" id="sui-comments">SUI Comments</h2> 
<p style="text-align: justify">The blockchain, aiming to stand out with a secure ecosystem architecture, saw increased activity in its price, wallets, and transactions. On-chain <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data shows</a> that active wallet addresses have reached 1.03 million, indicating a steady increase despite being visibly low, driven forward by crypto bulls this month.</p> 
<p style="text-align: justify">SUI’s network activity may parallel the market’s increasing upward momentum brought by rising sentiment. Consequently, there was an increase in decentralized finance (DeFi) and the layer-1 network this month.</p> 
<h2 style="text-align: justify" id="sui-price-outlook">SUI Price Outlook</h2> 
<p style="text-align: justify">The noticeable price movement in SUI indicates significant price action as other cryptocurrencies weaken. As of the time of writing, SUI has increased by 9% today, reaching a price level of $1.12. This price increase brought a market cap of $2.62 billion. Additionally, there was a noticeable increase in the 24-hour trading volume, which rose by over 60% to exceed $185 million.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-353641" src="https://coin-turk.com/wp-content/uploads/2024/05/sui-fiyat-yorum-coin-turk-com.png" alt="" width="2099" height="119"></p> 
<p style="text-align: justify">The number of people showing interest in SUI on social media is also increasing day by day. This market activity is said to be a significant factor in the price rising to $2.</p> 
<p style="text-align: justify">This occurred after the token visited its all-time high of $2.18 on March 27, 2024, following price increases in the first quarter of 2024. Despite the 48.83% drop from this ATH level, a positive price run may begin again following the consistent flows provided by bulls on the SUI network over the past six months.</p> 
<h2 style="text-align: justify" id="general-market-situation">General Market Situation</h2> 
<p style="text-align: justify">While all this was happening, attention turned to the BTC price. The <strong>BTC</strong> price rose above $68,000 with a 2.19% increase at the time of writing, resulting in a market cap of $1.34 trillion.</p> 
<p style="text-align: justify">Daily gains in terms of network activity on the price side appear to have emerged on major blockchains and service providers. On the <a href="https://en.coin-turk.com/ethereums-vitalik-buterin-proposes-higher-standards-for-ecosystem/" data-wpel-link="internal">Ethereum</a> side, the price rose to $3,129 after a 2.18% increase, while the market’s number five, <strong>SOL</strong>, once again showed above-market price performance, rising to $180 after a 5% increase.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/sui-network-sees-significant-price-increase-and-wallet-activity/" data-wpel-link="internal">SUI Network Sees Significant Price Increase and Wallet Activity</a></h5>

SUI Network Sees Significant Price Increase and Wallet Activity

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