SUI Rockets Nearly 32% As Memecoins MIU, LOFI, and BLUB Fuel Momentum

• SUI crypto jumped nearly 32% in 24 hours, now trading at $2.94, and up over 41% on the week. The rally has been fueled largely by increased activity in SUI-based meme coins like MIU, LOFI, and BLUB.
• BLUB led the memecoin charge, soaring 60.8% in a day, while MIU and LOFI followed with 20% and 13.8% gains, respectively. This memecoin hype has significantly boosted SUI’s momentum.
• The SUI network hit major milestones, surpassing 500 million transactions, with a 7% rise in user adoption, over $1.5B in total value locked, and nearly $900M in stablecoin market cap. The $3 mark is now within reach.

SUI crypto is back in the spotlight—and it’s not holding back. The token just pumped nearly 32% in the past 24 hours, riding the wave of growing interest in meme coins living on the Sui network.

According to fresh data from crypto.news, SUI has climbed 31.8% in a single day and is now up a whopping 41.4% over the past week. At the time of writing, the token’s floating just under the $3 mark at $2.94—edging dangerously close to cracking that psychological threshold. Still, it’s got some ground to cover before it touches its all-time high of $5.35, which it hit back in January.

Market cap? Sitting pretty at $9.3 billion, just $700 million shy of joining the $10B club. SUI now ranks 13th among the top crypto assets, right behind heavy-hitters like Wrapped Bitcoin (WBTC) and Lido Staked Ether (STETH). And the volume? Spiked 169% in the last 24 hours, reaching $2.3 billion—a big green flag for market activity.

Meme Coin Madness Boosting SUI’s Hype

So, what’s behind the sudden lift? Meme coins—yes, again. This time, it’s the SUI-based ones like MIU, LOFI, and BLUB that are heating up the charts.

BLUB, the oddly-named but fast-climbing memecoin, has surged 60.8% in the last day alone. It’s now up 77% on the week, boasting a $7.7M market cap and $1M in daily trading volume—that’s a 252% spike, by the way.

Then there’s MIU, a cat-themed token (of course), up almost 20% with a market cap of $69.4M. LOFI isn’t far behind either, posting a 13.8% gain in the past 24 hours.

SUI Ecosystem Breaking Records

Meanwhile, SUI’s underlying network keeps pushing forward. It just crossed 500 million total transactions processed. Not too shabby. A 7% jump in user adoption helped nudge things along, too.

According to DeFi Llama, SUI now has more than $1.5 billion in total value locked (TVL). Stablecoin market cap? Just shy of $900 million, sitting at $888M.

So yeah, with memecoins running hot and the ecosystem racking up milestones, SUI’s got some real heat behind it. If this momentum keeps up, don’t be surprised if that $3 level is just the beginning.