Sui, the native cryptocurrency of the SUI Layer-1 blockchain, is built for high transaction speeds and efficient smart contract deployment. In the past few weeks, the cryptocurrency has been trending upward, largely driven by the launch of Circle’s USDC stablecoin on the Sui network. More recently, Coinbase enabled sending and receiving support for stablecoin USDC on the Sui network. These events have positioned Sui as a key player in the evolving crypto landscape.
Sui is trading at $1.9, a more-than-12% jump in a week.
