The $SUI token fell below $1 overnight, falling to $0.919. Still, the coin had the biggest weekly gain among the top 100 cryptocurrencies this week, rising 46% in just seven days.

However, the meteoric rise is now beginning to cool. In the recent past, $SUI was down about 7%. Compared to crypto market leaders Bitcoin ($BTC), Ethereum ($ETH), and Solana ($SOL), the overall performance of the Sui network token has been more volatile and therefore more exciting for investors.

Bitcoin has gained just 6.3% in the past week, after falling 3.8% in the earlier 24 hours. Meanwhile, Ethereum was up 8.5% over the week but fell 3.7% overnight. And $SUI, with a market cap of $2.4 billion, is unlikely to destabilize Solana’s $SOL token, which has a market cap of $68.7 billion.

$SUI’s explosive rally last week was partly due to news that digital asset management giant Grayscale had added the Sui Network Trust to its investment portfolio. Similar to Solana and Ethereum, the Sui network deploys high-functioning smart contracts that enable developers to build decentralized applications (dApps) that provide services ranging from financial services to games.

However, Sui’s unique selling point (USP) is that its transaction processing speed is much faster than that of Ethereum. Ethereum’s theoretical maximum throughput is 119 transactions per second (tps), and Sui’s developers say that with the ability to process multiple transactions simultaneously, Sui is capable of a staggering 297,000 transactions per second.