SUI Token Sees 6.29% Price Drop After ETF Launch and Major U.S. Regulatory Advancements

SUIUSDT experienced a notable price decline of 6.29% over the last 24 hours, opening at 1.6660 and currently trading at 1.5612 on Binance. The initial bullish momentum was driven by major positive developments on December 5, 2025, including the launch of the 2x leveraged SUI ETF by 21Shares on Nasdaq, regulatory advancements permitting spot crypto trading on regulated U.S. exchanges, and increased network activity following the integration of new gaming projects and cross-chain features. Despite these catalysts spurring a sharp intraday price increase and heightened trading volumes, SUI retraced some gains amid typical market volatility and profit-taking. SUI maintains a strong market capitalization above $5.7 billion and saw robust 24-hour trading volumes exceeding $850 million, reflecting continued investor interest and active participation in the market.