Institutional flows inbound? Grayscale's filing adds credibility to the "Solana Killer" narrative as SUI tops stablecoin inflow charts.
What's Happening:
Grayscale files for SUI Trust ETF; 21Shares launches theirs
$1.8B in stablecoin inflows signals massive liquidity boost
Led weekly token unlocks with $82M released
Cetus integration simplifies DeFi, boosting user mindshare
Why It Matters: ETFs are the ultimate validation. For a newer chain like SUI, getting the Grayscale stamp of approval so early in its lifecycle suggests institutions see it as a long-term winner, not just a cycle flavor.
Technical View: $SUI is consolidating near $1.40 after a supply unlock. The market is absorbing the new tokens well. Holding above $1.35 maintains the higher-low structure critical for the next leg up.
🎯 Key Levels:
Support: $1.35 | Resistance: $1.55
24h Range: $1.38 - $1.48
💡 Unlocks are short-term noise; inflows are long-term signal
What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇
#SuiNetwork #SUI #Grayscale #ETF #DeFi
Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.
