Sui Network Emerges as a Standout in the Cryptocurrency Market
In the cryptocurrency market, Sui Network (SUI) has gained significant traction as a standout favorite among altcoins. The project has seen remarkable growth in the Layer-1 space, capturing the attention of both traders and investors. Despite recent market volatility slowing its rally, SUI has achieved an impressive 6.54% gain over the past week and a staggering 90% increase in the last 30 days.
Weekly Netflow Rankings
Recent data from Artemis highlights that Sui Network has outperformed both Solana and Base in terms of net inflows over the past week. SUI recorded a total inflow of $79.5 million and outflows of $22.1 million, resulting in a net flow of $57.4 million. This demonstrates strong interest from both investors and developers in the project.
The weekly net flow rankings are as follows:
- Sui Network (SUI): $57.4 million net flow
- Base: $44.1 million net flow (Inflows: $69.9 million, Outflows: $25.8 million)
- Solana: $27.7 million net flow (Inflows: $63.2 million, Outflows: $35.5 million)
Weekly Inflow Rankings
In terms of overall weekly inflow rankings, Sui Network holds the third position with $79.5 million in inflows, just behind Ethereum and Base. This upward trend reflects a growing shift in interest toward SUI, signaling its increasing prominence in the blockchain space.
Conclusion
Sui Network’s strong net inflows, compared to Solana and Base, indicate rising confidence among investors and developers in its future potential. With its recent gains and solid performance, SUI Network is a project to keep an eye on in the coming weeks.
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