SUI Price Jumps 29% in Hours ! What’s Behind the Surge ?

Memecoins : Catalysts for the Sui Explosion

The native token of the Sui network, SUI, recently saw a surge of over 34% in a day, reaching $2.93. This upward trend is largely attributed to the excitement surrounding memecoins deployed on the blockchain, such as MUI, LOFI, and BLUB.

Indeed, some of these memecoins are showing spectacular performances, with gains of over 143% in the recent period. This community buzz directly impacts the fundamental metrics of the Sui network, with a significant increase in volume on DEXs (+6% in March) and Total Value Locked (+2.5 billion SUI).

“Sui – Knock, knock, knocking on heaven’s door…” enthusiastically highlights analyst Raoul Pal on X.

Rising Adoption Despite Price Correction

Although SUI’s price is still 54% below its January 2025 peak, the Sui network continues to attract new users and DeFi players. The total stablecoins issued on the blockchain reached a historic high of $880 million on April 21, indicating increasing usage in decentralized exchanges.

This adoption dynamic contrasts with the recent price consolidation, reflecting a valuation that is not purely speculative. Sui showcases that a project can combine technical innovation and community engagement, making it a pivotal player in the crypto market.

Should You Buy Sui in 2025 ?

For seasoned investors, this blockchain presents several opportunities to explore:

• Strong on-chain activity, with increasing volume on DEX and TVL, indicating an expanding ecosystem.
• A compelling narrative around memecoins, fueled by an enthusiastic community.
• A recent technical breakout hinting at a possible continuation of the bullish trend.
• Strong fundamental indicators, with record levels for stablecoins and overall adoption.

While the excitement around memecoins can be volatile, it serves as a powerful catalyst for short-term growth. Combined with Sui’s solid fundamentals, this could provide a fertile ground for medium-term crypto investment strategies.

For those looking to invest, here is a practical guide to buy SUI on the Bitget platform:

• Create a Bitget account
  Visit the official Bitget website and sign up with your email or phone number. Validate your registration via the received code.
• Verify your identity (KYC)
  Complete the KYC verification by submitting an ID and, if required, a proof of address. This quick step is essential to unlock all trading features.
• Add funds
  In the “Deposit” section, fund your wallet with cryptos (USDT, BTC, etc.) or via fiat (credit card, transfer, compatible with Visa, Mastercard, ApplePay).
• Access the market
  Go to “Spot Market” or “Trading,” type “SUI” in the search bar, and select the SUI/USDT pair.
• Make the purchase
  Choose a market order for an instant buy or a limit order to set a specific price. Enter the desired amount of SUI, verify, and confirm your transaction.

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