SUI's price saw a significant surge of over 5%, reaching $0.935 during the Sunday trading session. This uptick is not just due to general market trends but also thanks to the recent launch of the stablecoin AUSD and an increase in Total Value Locked (TVL).
The core question now is whether this momentum will be enough for buyers to invalidate the market correction that happened in September, aiming for a bullish breakout that reaches the $1 mark.
The combination of a new stablecoin driving network activity and a rise in TVL suggests positive trends, though market participants remain cautious.
