What Are The Chances SUI Crypto Will Hit $5 Soon?
SUI crypto price has faced resistance in maintaining upward momentum amidst market volatility.
However, rising stablecoin supply and major partnerships hint at an upward trend in SUI token price.
SUI Crypto Stablecoin Supply Reaches $746.81M
Notably, the SUI blockchain achieved its highest stablecoin supply when it exceeded $746.81 million in value.
According to recent Year-to-date (YTD) data shared by Torero Romero on X, SUI showed a massive 99.82% growth in the stablecoin supply.
Consequently, stablecoin supply expansion has improved network liquidity thus creating both stability and growth potential.
Due to higher liquidity, SUI is prepared to service larger transaction…