The layer 1 blockchain, Sui (SUI) price has increased over 10% in the past 24 hours amid a slight volatility in the crypto market on January 6.
According to market data from Coinmarketcap, SUI has spiked more than 10% while its trading volume surged 66% during the past 24 hours.
This is the second time SUI is trading upward to surpass the mark of $0.90, which it almost achieved earlier today as the crypto market is going through an apparent volatile phase.
Sui’s price has gained nearly 43% in the past 30 days, breaking the 8-month high of $0.92 on January 3. Sui is among the third-generation blockchain networks that have emerged during the post-DeFi summer era.
As major news is hanging over the air regarding the approval deadline of the first spot Bitcoin ETF, the whole cryptocurrency market is going through an uncertain movement, with the majority of the crypto assets showing unsolicited price movements.
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