Can SUI Price Reclaim $1.4 As Network Outperforms Ethereum, Arbitrum & Others?

SUI price surged 20% on Friday’s trading session, outperforming the broader market uptick. The sudden inflow in the altcoin market followed the Bitcoin price jump of 5% to hit the $63850 mark. The rising SUI price showcased sustainability above the 50-day Exponential moving average, signaling a shift in short-term trend. Will buyers sustain the $1 mark?