Sui ($SUI) Rallies 8.7% as $450M Institutional Bet Signals Fresh Run Toward $4
Main Idea
Sui ($SUI) has risen 8.7% to $3.73, driven by institutional investments and strong fundamentals, with potential to reach $10.
Key Points
1. Sui's price rose to $3.73, with a market cap of $13 billion and growing developer activity.
2. Mill City Ventures invested $450 million in $SUI tokens, signaling strong institutional interest.
3. Sui Network integrated zkTunnels for real-time, fee-free IoT robotics operations.
4. Total Value Locked (TVL) in Sui's DeFi ecosystem stands at $2.093 billion.
5. Sui partnered with Google Cloud for AI-powered APIs and advanced data analytics.
Description
Sui ($SUI) rose 8.7% to $3.73 as institutional adoption and DeFi innovations continue to fuel its path toward $4. With a $13 billion market cap and growing developer activity, the Layer-1 blockchain is proving it’s more than just another altcoin pump. Source: CoinGecko Sui’s DeFi Growth, zkTunnels, and Real-World Integrations Boost Adoption One of the standout innovations is Sui Network’s integration of zkTunnels , a new technology that supports real-time, fee-free operations in IoT robotics. Th...
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