"Memecoins and AI decline, utility coins rise"...Sui dominates CoinGecko with 31% rally

▲ Sui (SUI)/ChatGPT generated image

Sui (SUI) surged by around 31% in a single day, re-entering CoinGecko's trending coin list. With Sweat Economy (SWEAT) and Zano (ZANO) also climbing into the top ranks, an analysis suggests that market interest is shifting beyond memecoins and artificial intelligence themes to utility, infrastructure, and privacy coins.

BeInCrypto reported on May 10 (local time) that Sui had risen by approximately 31% over a 24-hour period on Sunday, reaching around $1.40. Sui, a high-throughput Layer 1 blockchain, made it onto CoinGecko's trending coin list with this surge, and Sweat Economy and Zano also garnered attention in the same trend.

Sui's upward momentum attracted the interest of short-term traders. Some market participants evaluated that Sui rose rapidly after a bullish reversal on hourly charts. BeInCrypto stated that Sui is continuing its rebound after already showing a more than 38% upward trend in early 2026.

The composition of assets trending alongside Sui also heightened market interest. CoinGecko noted that Sweat, Sui, and Zano entered the top 5 trending coins together for the first time in a while, drawing attention to whether a new cryptocurrency narrative could be forming.

Sweat Economy is a project that connects physical activity with token rewards through the Sweatcoin app. Zano was introduced as a chain that fundamentally provides privacy. BeInCrypto reported that the simultaneous emergence of these assets suggests a rotation of interest towards privacy coins and utility-oriented projects, moving beyond the memecoin and AI agent-centric trends.

However, it remains to be seen whether this trend represents a sustained market shift or a temporary phenomenon highlighted algorithmically over the weekend. BeInCrypto analyzed that whether this trending pattern will lead to a truly new narrative depends on whether trading volumes are maintained this week.

The core of this case is not just Sui's short-term surge. The fact that Sweat Economy and Zano also gained attention indicates that the market is broadening its focus beyond purely speculative themes to assets with real utility, infrastructure, and privacy.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*