SUI Coin, a Layer-1 token, has had a mixed performance in recent months. Leading an valanche of L1 tokens in a price dump in 2025, its outlook had been a topic of interest in the crypto community. However,
Bitwise's filing for a Spot SUI ETF sparked renewed interest in the altcoin, a move followed by
Canary Capital's major changes to its SUI ETF. During this period, SUI Coin launched the
USDsui stablecoin through Bridge amidst increasing adoption. Despite a temporary setback in blockchain news after SUI and BlockDAG faced tax breaks,
DeepSnitch AI prepares for its launch.
Coinbase's approval for SUI Coin's listing in New York boosted its price by 20%. SUI Group is heavily betting on the blockchain treasury strategy. Amidst all these,
SUI Stablecoins were launched via a partnership with Ethena. Grayscale Sui Trust has been building a
$450 Million reserve, explicitly investing in SUI Coin. SUI Coin has also seen
$1.8 billion inflow in Stablecoin.
Crypto.com in partnership with Sui Foundation
launched secure institutional-grade custody solutions for SUI Tokens. The SUI Foundation itself launched innovative contribution by
releasing USDsui Native Stablecoin to tap network yield revenue.
Blackrock's backing has further solidified SUI's position in the market.
SUI Coin News Analytics from Thu, 15 May 2025 07:00:00 GMT to Sat, 27 Dec 2025 07:43:14 GMT -
Rating 4
- Innovation 7
- Information 8
- Rumor 6
