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Home»Cryptocurrency»SUI jumps 31% as utility coins trend
Cryptocurrency

SUI jumps 31% as utility coins trend

By CharlotteMay 12, 20262 Mins Read
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Sui rallied around 31% over 24 hours on Sunday, climbing back above $1.40 and returning to CoinGecko’s list of trending cryptocurrencies as traders rotated into utility-focused altcoins.

The Layer 1 blockchain joined Sweat Economy and Zano among CoinGecko’s top trending assets, prompting speculation that investors may be shifting attention away from meme coins and toward infrastructure and privacy-related projects.

“A paradise for short-term day traders grinding lower timeframes in altcoins,”

Trader Ivan Liljeqvist wrote while commenting on SUI’s rapid momentum.

The rally extended a broader recovery for SUI, which has already gained more than 38% earlier in 2026 after reclaiming support above the psychologically important $1 level.

SWEAT, linked to the Sweatcoin fitness rewards ecosystem, and ZANO, a privacy-focused blockchain network, drew additional attention because both projects represent utility-driven crypto applications rather than speculative meme-based trading activity.

Their simultaneous appearance among trending tokens has fuelled discussion that traders may be rotating capital into sectors tied to practical use cases, blockchain infrastructure and privacy technologies.

Market participants said the sustainability of the move would depend on whether trading volumes and investor interest remain elevated through the coming week rather than fading as a short-lived momentum spike.

At the time of reporting, Sui price was $1.32.



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