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Layer-1 blockchains seem to be heating up, with top networks like Sui (SUI) showing impressive growth in on-chain activity despite token sale allegations. The increase in daily active addresses and transactions fuels bullish trends, pushing the SUI token higher over the past few days. The Sui price has already recorded an over 9% weekly surge, signaling strong investor interest.
On the other hand, the Total Value Locked (TVL) in the decentralized finance ecosystem for Solana 
$171 (SOL) has surpassed $6B, a level that was last reached almost three years ago. This uptick reflects an increase in the network’s DeFi activity. However, with Sui and Solana recording significant gains, a new meme coin, Cutoshi, is quickly becoming the next crypto moonshot. Cutoshi, a new DeFi meme coin, has already taken off in its presale, with a 100x potential. Can Cutoshi match Sui and Solana’s growth potential in October?
Cutoshi, The New DeFi Meme Coin With 100x Potential
Cutoshi (CUTO) is another token that might redefine the meme coin sector as we know it. The project has infused serious DeFi tools into a meme-inspired token to bridge the gap between practical functionality and viral appeal. Cutoshi’s Chinese Lucky Cat mascot will serve as a nod to decentralization principles and good fortunes, as championed by the legendary Bitcoin 
$103,967 founder, Satoshi Nakamoto.
This unique approach has enabled Cutoshi to gain considerable interest within the meme coin sector. At the core of the Cutoshi ecosystem is the multi-chain DEX, which will enable users to swap assets easily across various blockchains without limits. Moreover, Cutoshi farming will provide the community with an extra way of earning by completing quests and claiming rewards.
The Cutoshi Learning Academy will also offer comprehensive DeFi and blockchain concepts courses for both seasoned and new investors, ensuring an informed user base crucial for long-term success. With a price surge to $0.022, Cutoshi is already offering its early investors over 46% ROI while aiming to match Solana and Sui’s price performance with 100x gains predicted.
Sui Network Token Sale Allegations
Sui Network has come under public attention following its recent token sale allegations. An anonymous crypto analyst suggested that over $400M in tokens were being sold by insiders throughout the run-up. However, the Sui Foundation has refuted such claims, stating they made no such sales.
On its official X page, the Sui Foundation stated that no insiders, including Foundation employees, Mysten Labs, or ML investors, have sold $400M worth of SUI tokens. It also clarified that all token sales were carried out in compliance with the prescribed regulations.
This comes as Sui’s price has recorded an over 100% monthly surge to trade at $2.2. Moreover, Sui’s daily active addresses have also recorded significant gains, demonstrating its robust foundation and growing user base, especially in the realm of new digital economy applications.
Solana Price Prediction: Is $200 A Possibility For SOL
Solana (SOL) remains one of the biggest players within the DeFi space. Despite the SOL price being 45% below its peak of $259 in 2021, the tides are turning as the token records a monthly surge of over 12% to trade at $155.
With Solana’s groundbreaking technology, including the Firedancer validator set to boost SOL’s speed by up to 400x, its growth potential seems brighter than ever. The Solana price has been hovering around the $120 and $160 mark recently, however, having crossed key indicators like the 50 and 200-SMA, a solid bullish trend is forming.
Analysts even believe a Solana price prediction of $200 by the end of 2024 is possible. According to Standard Chartered Bank’s forecast of a fivefold Solana price increase by 2025, the token is set to outshine Ethereum 
$2,558 in 2025.
Will Cutoshi Match Sui And Solana’s Price Growth?
Sui and Solana are well-established cryptos that have already laid a solid foundation, which has contributed greatly to their success. However, Cutoshi, an Ethereum-based utility token, is also closing in with its unique features and a capped supply of just 440M CUTO tokens.
