The investment activity in the SUI Coin domain appears to be both energetic and diverse. Canary Capital, a noted crypto investment firm, has been avidly pursuing a flurry of SUI-related ETF filings in the U.S, signaling a growing institutional interest in the altcoin. The firm’s recent reserve deal with World Liberty Financial (WLFI) has specifically turned heads. However, WLFI’s DeFi credentials have come under scrutiny following their SUI partnership. SUI coin has also been in news for its remarkable price fluctuation. It rallied 15% after adding support for Bitcoin and analysts predict a potential rally setup for SUI price leading to a 150% surge. The coin had uptick in price forecast for 2025- 2050 with potential of hitting $100. Conversely, there were also speculations of a 40% crash and a price drop below $4 was predicted. SUI Coin has also seen considerable development advancements with Sui adding Bitcoin integration. Suilend’s plans to offer new crypto-finance services following a $6 million raise, and the ensuing rollout of beta support for Sui by Phantom have been met with enthusiasm. However, adverse events such as SUI Blockchain’s outage and insider trading allegations against SUI Network have generated negative sentiment. Sui Coin’s trajectory indeed mirrors the typical pattern of crypto market volatility.
SUI Coin News Analytics from Thu, 12 Sep 2024 07:00:00 GMT to Tue, 18 Mar 2025 15:02:47 GMT -
Rating 6
- Innovation 7
- Information 6
- Rumor 0