SUI Token Surges 2% as Institutional Interest, ETF Listings, and $1B TVL Drive Accumulation

SUIUSDT experienced a 2.08% price increase over the last 24 hours, reaching 1.5972 USDT, with trading activity driven by heightened institutional interest following its inclusion in the Bitwise 10 Crypto Index ETF and the SEC’s approval of a leveraged SUI ETF. Additional momentum came from strong developer activity, ecosystem growth in gaming and NFTs, and a notable rise in on-chain metrics such as surpassing Ethereum in daily bridged inflows and accumulating over $1 billion in TVL. The recent withdrawal of $17.17 million worth of SUI from exchanges signals increased investor accumulation. Current market data shows a 24-hour trading volume near $812 million and a market capitalization of $6.00 billion, positioning SUI among the top cryptocurrencies.