The Sui Network has reached an impressive milestone with a record transaction volume of 4.64 billion in 2024, indicating significant growth within the network. This surge in activity is contributing to a bullish momentum for SUI, the network's native cryptocurrency, as its price climbs to $3.42.
This achievement reflects the network's expanding adoption and utilization, which could potentially influence its future strategies and developments. The high transaction volume demonstrates the network's scalability and capacity to handle increasing demand.
SUI's price movement is closely tied to these developments within the Sui Network, suggesting that its strong performance might attract further investment and attention from the cryptocurrency community, and potentially lead to sustained growth in the market.
![SUI Token [SUI] Price: Surges 35% to Record $4.23 Weekly Close Amid Rising Volume](https://loutre.blockchair.io/w4/storage/news/yiwooom6qdfcke3a.png){kind=small}
