The SUI price has witnessed a massive increase of 32.4% within the last 24 hours and by 60% over the past 7 days, with its market capitalization nearing $8.7 billion. This has put SUI in the 15th position among the most valuable cryptocurrencies. Over the past 24 hours, SUI trading volume has also increased by over 250%, reflecting heightened market activity. Furthermore, the lending protocol within the Sui ecosystem has also shown great growth. In the last week the token price of Scallop (SCA) has risen by 83% indicating growing demand for Sui-based financial solutions.