Among the broader crypto market, a recent rally in SUI price has displayed notable strength in July alongside top altcoins like XRP, ADA, and HYPE.
As a result, the SUI price momentum displayed in the past 25 days has led its price to surge past the $4 mark. The renewed bullishness, with technical and fundamental factors, is all signals for another potential breakout.
So far, with BTC hitting a new all-time high at $123K, SUI has followed closely, benefiting from rising investor optimism and enhanced network utility. If more demand comes into the…