Also, what is ‘flipping’ in crypto? Did you know SUI already flipped SOL…

👉🏻”Bitcoin flipping” is a commonly utilized phrase, it can happen with any asset or cryptocurrency.

It takes place when a trader buys a particular number of BTC hoping that he will be able to sell it at a higher price in an instant

Sui has already flipped SOL in the total number of transactions

This is the first time Sui has done it

This notable flip occurred between October 3 and October 5

This explosion in SUI daily transactions is uncommon and has drawn commentary in the broader crypto space

It has also led to a jump in SUI price

SUI is starting to catch the attention of institutional investors, especially after the Grayscale SUI Trust launched in August 2024

This trust allows accredited investors to gain exposure to SUI, contributing to a rise in daily transactions. 

Meanwhile, the SUI ecosystem has also seen a surge in memecoin activity

If SUI can keep up the momentum, its market cap could easily make this one of the top 10 cryptocurrencies

The SOL community will be looking to bounce back in its total transaction record while the bull run season draws closer

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