SUI Blockchain Gains Momentum with Meme Coin Hype and DeFi Growth

  • SUI blockchain is gaining traction as its market cap nears $7 billion, driven by rising meme coin activity and DeFi engagement. Over the past week, SUIs DEX volume surged 4.49% to $2.1 billion, briefly surpassing Arbitrum to become the fifth-largest chain by DEX volume.