Gate.io Blog SUI Token Soars 73% This Week Amid Rumors of Partnership with Pokémon Igniting Market Frenzy

SUI Token Soars 73% This Week Amid Rumors of Partnership with Pokémon Igniting Market Frenzy

29 April 15:55

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In the past week, <a href="https://www.gate.io/zh/futures/USDT/SUI_USDT?ch=ann7391" target="_blank" title="SUI Token">SUI Token</a>($SUI) surged an astonishing 73% in weekly rise, sweeping through the <a href="/price" target="_blank" class="blog_inner_link">cryptocurrency market</a>, breaking through $3.5, with a market value soaring to over $11 billion, ranking among the top 13 cryptocurrencies globally. Driving this surge is not only the strong performance of the SUI network in DeFi and trading volume, but also rumors about potential cooperation with Pokémon.

It is reported that the updated privacy policy of Pokémon HOME mentioned Parasol Technologies acquired by SUI's parent company Mysten Labs, sparking market expectations for Pokémon NFTs or blockchain card games. This article will delve into the latest developments, technical advantages, and future potential of SUI Token, taking you on a journey to explore the rise of this Layer-1 star project.

## The explosive growth of SUI Token: driven by both the market and the ecosystem

### 1. Price Soaring and Market Performance

According to Gate.io data, the SUI token surged by 73% in the past seven days, rising from $3.10 to $3.64, with a trading volume exceeding $3.3 billion. On April 25th, SUI broke through the key resistance level of $3.58, with a daily increase of 23%. Analysts predict that if the market sentiment continues to be bullish, SUI is expected to challenge the $3.8 to $4 range in May, or even challenge its January high of $5.35.

The market's confidence in SUI comes from its ecological growth and the impressive performance of on-chain data. Investors are hotly discussing the potential of SUI on social media, believing that its technical architecture and ecological expansion make it a leader in the Layer-1 track.

### 2. Pokémon cooperation rumors spark attention

<a href="https://www.gate.io/zh/futures/USDT/SUI_USDT?ch=ann7391" target="_blank" title="SUI price">SUI price</a> The rumor of the sharp rise is closely related to Pokémon. On April 23, Pokémon HOME updated its privacy policy, adding Parasol Technologies acquired by Mysten Labs as the data processor, triggering market speculation that Pokémon may launch NFT or tokenized card games through the SUI blockchain. Although the SUI Foundation quickly removed Pokémon-related content from the blog, this move only deepened market curiosity.

SUI Foundation revealed that Parasol is developing card games based on SUI, such as 'Capybara Fusion' and 'Code of Joker: Evolutions'. While there is currently no conclusive evidence to confirm Pokémon's <a href="/web3" target="_blank" class="blog_inner_link">Web3</a> plan, its potential cooperation with SUI has ignited the enthusiasm of the gaming and crypto communities, boosting the market demand for SUI tokens.

### 3. The ecosystem blossoms comprehensively

The on-chain data of the SUI network is impressive:

- Total Value Locked (TVL): Increased by 41% in one week, rising from $700 million to $1 billion, showing user trust in the SUI DeFi ecosystem.

- Decentralized Exchange (DEX) trading volume: The daily trading volume soared by 170% to $5.99 billion, reflecting strong market demand.

- Stablecoin growth: The total value of stablecoins on the SUI network increased by 82%, from $482 million to $879 million.

In addition, the meme coin frenzy within the SUI ecosystem has also brought traffic to the network. For example, since the start of the PepeX presale on March 24th, it has raised $1.4 million and attracted early investors. The rapid growth of ecosystem projects further consolidates SUI's market position.

## The core advantage of SUI Token

### 1. Technological Innovation: Parallel Processing and Low Cost

The SUI network adopts the Move programming language (developed by Meta), supports parallel transaction processing, significantly improves throughput, and reduces latency. Unlike the sequential processing of traditional blockchains, SUI's parallel execution model allows it to process thousands of transactions per second, with transaction costs as low as a few cents. This gives it a competitive edge in the fields of DeFi, gaming, and NFTs.

The technical architecture of SUI has also optimized storage costs, reducing the burden on users and developers. Low cost and high efficiency have attracted a large number of developers, driving the prosperity of ecological applications.

### 2. DeFi and real-world application scenarios

The DeFi ecosystem of SUI is rapidly maturing, covering multiple areas such as lending, DEX, and stablecoins. For example, the USDC pool of the Scallop lending protocol offers a high Annual Percentage Rate (APR), attracting a large amount of liquidity. Additionally, SUI has collaborated with xPortal and xMoney to launch a virtual Mastercard, enabling 2.5 million European users to use SUI for payments at 20,000 merchants via Apple Pay and Google Pay, marking a breakthrough in its real-world applications.

### 3. Institutional and Community Support

Institutional investors' interest has added confidence to SUI. The SUI Trust launched by Grayscale and the SUI ETF registered by 21Shares demonstrate institutional <a href="/price/optimism-op" target="_blank" class="blog_inner_link">optimism</a> towards SUI in the long term. Meanwhile, the collaboration between SUI and World Liberty Financial has further enhanced its global reputation.

In terms of community, SUI incentivizes users to participate through airdrops and presales. The recent $140 million financing of storage protocols and rapid incubation of ecological projects demonstrate the executive ability and market appeal of the SUI team.

## Conclusion

SUI token became the focus of the <a href="/price" target="_blank" class="blog_inner_link">cryptocurrency market</a> in April 2025 with a 73% weekly rise and rumors of a collaboration with Pokémon. Its technological innovation, vibrant DeFi ecosystem, and institutional endorsements have collectively propelled the rise of SUI. Despite inevitable short-term fluctuations, SUI's competitiveness in the Layer-1 track and diverse application scenarios make it an investment target worth paying attention to.

Disclaimer: Cryptocurrency investment carries high risks, please conduct thorough research before investing. This article is for informational purposes only and does not constitute investment advice.

<div class="blog-details-info">
<div>Author: Rooick Z., Researcher at Gate.io
<div class="info-tips">*This article represents the author's views only and does not constitute any trading recommendations. Investment is risky, so please make decisions carefully.
<div>*This article is original, the copyright is owned by Gate.io, if you need to reprint, please indicate the author and source, otherwise legal responsibilities will be pursued.
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SUI Token Soars 73% This Week Amid Rumors of Partnership with Pokémon Igniting Market Frenzy

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