SUI's recent price surge propelled it to a new all-time high of $5.03, leading to an 18% increase. This rise significantly boosted its market cap by over 17%, surpassing established coins on the crypto rankings. SUI's positive momentum is indicated by various technical factors and a high number of traders taking long positions. Additionally, the altcoin's total funding rate turned positive, signaling optimism in the Futures market. Anticipation of further gains is high as SUI continues its bullish trend.

Exciting times for SUI! Do you think this bullish trend will continue, or is a correction around the corner?