SUI Price Soars 26%, Fuelled by Memecoin Mania

SUI’s price surged by an impressive 26% in the past 24 hours, driven by a wave of memecoin excitement on its network. The token hit $2.80, marking a significant technical breakout that has attracted attention from traders and crypto enthusiasts. This rise coincides with SUI emerging from a descending channel that began forming back in December 2024. Many analysts believe this rally can continue if network activity remains high.