Sui news

Sui expands real‑world reach by partnering with human‑longevity protocol CUDIS, which will migrate its AI‑driven health analytics and cryptocurrency‑rewards platform from Solana to the Sui Layer‑1. CUDIS will use Sui’s stack and secure data tools like Walrus and Seal to protect wearable‑collected health data. The company also signed a deal with South Korean table‑ordering firm T’order to deploy a stablecoin‑backed payment system on Sui. T’order will use Walrus for transaction and membership data, and will launch a Korean‑Won‑backed stablecoin soon, aiming to boost Korea’s $140 billion dining market.

Sui has secured a partnership with Google as a launch collaborator for its Agentic Payments Protocol, positioning the blockchain as a core substrate for AI‑driven transactions and stable‑coin micro‑payments. Concurrently, Tuttle Capital filed an SEC request to launch a Sui‑focused ETF, signalling growing institutional interest that could elevate demand for the token. Technical analysts note that Sui’s weekly Bollinger Band Width has hit its tightest level ever, a historically bullish signal that traders argue could precede a 150 – 200 % rally. Despite the bullish backdrop, the price has slipped past key support levels and is currently testing the 50‑period simple moving average and the upper band, leaving room for a short‑term bearish bias. As of the report, Sui trades near $3.62, with resistance at $4.30 and a distant $10 target that would require a significant breakout, while a failure could push the price toward $3.

Nine crypto ETF applications, including spot Avalanche, stablecoin/tokenization, Bitcoin/Ethereum basis‑trade, Bonk, Litecoin, Sui, and a 2x Orbs fund, were filed with the SEC, adding to a backlog of over 90 pending proposals. Analysts estimate the spot AVAX ETF has the highest likelihood of approval due to its simplicity, while meme‑coin and basis‑trade products face greater scrutiny because of volatility and liquidity concerns. Bitwise, Defiance, Tuttle, and T‑Rex are among the issuers pushing into riskier territory as they seek institutional exposure to a diverse range of digital assets. The filings come amid strong inflows into U.S. Bitcoin ETFs, which saw their largest weekly intake since July, raising holdings to a fresh record. Despite the SEC's recent clarification that meme coins are not securities, regulators remain cautious about long‑tail altcoin and leveraged products, potentially limiting approvals until the next review cycle.

Bitcoin surged above $114,000 on Wednesday amid softer‑than‑expected inflation data and a 90 % probability of a Fed rate cut at the Sept. 17 meeting, a move that could lift the price into the $167,000–$185,000 range by year‑end according to Tephra Digital. Analysts from Santiment warned that negative sentiment could drag BTC below $100,000, but a break above the 50‑day SMA at $114,668 would clear a path toward $117,500 and then $120,000 before sellers test $120,000–$124,474. Ethereum, XRP, BNB, Solana, Dogecoin, Cardano, Chainlink, Hyperliquid and Sui all face key resistance levels around their 20‑day EMAs and 50‑day SMAs, with potential upside to $5,500 for ETH, $3.40 for XRP, $1,000 for BNB, $260 for SOL, $0.44 for DOGE, $1.17 for ADA, $28 for LINK, $64.25 for HYPE and $4.44 for SUI, while downside risks include drops below $109,329 for BTC, $4,250 for ETH, $2.73 for XRP, $840 for BNB, $175 for SOL, $0.29 for DOGE, $1.02 for ADA, $24 for LINK, $47.24 for HYPE and $3.50 for SUI.

Lion Group announced a plan to exchange all of its SOL and SUI holdings for HYPE tokens. The Singapore‑based platform aims to leverage the upcoming BitGo custody launch for Hyperliquid in the U.S. The move follows the firm’s late‑June start of a Hyperliquid treasury program, where it began buying HYPE while still purchasing SOL and SUI. CEO Wilson Wang said Hyperliquid’s on‑chain order book and efficient trading infrastructure make it “the most compelling opportunity” and that shifting to HYPE would improve portfolio efficiency and support long‑term growth. HYPE trades near $51.39, up 9% in 24 h, while Lion Group shares slid 7.4% to $1.25 on Monday.

SUI has drawn investor attention after being added to Robinhood Legend and receiving a $300 million purchase from publicly‑listed Sui Group Holdings, which now holds over 101.7 million tokens. The layer‑2 network’s fees remain ultra‑low—about $0.008 per transaction versus roughly $1.1 on Ethereum—boosting user experience and enabling high‑throughput applications. Total token volume has climbed 7.8 % to roughly $600 billion in the past month, while its “social‑dominance” metric has pushed it closer to the top‑10‑token list. The price trades at $3.30‑$3.40, 37 % below its Jan 2025 peak, with a key technical hurdle at $4.30; a breakout could lift it toward $10, but a decline to $3.42 would signal a retreat to earlier lows. Analysts are divided, with some viewing the resistance as a gateway to higher targets, while others warn the altcoin could slide back into a descending triangle near $3.30.

Sui Network recorded unprecedented growth in Q2 2025, positioning itself as one of the fastest‑growing L1 ecosystems. Daily average DEX trading volume increased 20.8% to $367.9 million, with Cetus and Bluefin accounting for roughly $170 million and $78 million respectively. Total value locked surged 44.3% to $1.76 billion, while SUI token holdings rose 17.7% to 631.8 million SUI, indicating demand beyond price appreciation. Institutional momentum grew as Grayscale launched DeepBook and Walrus Trusts, 21Shares filed a US spot SUI ETF, and Fireblocks integrated the network. Infrastructure and integration advances included Mysten Labs’s Seal secret‑management testnet, native USDC support on MEXC and Kraken, and added custody and cross‑chain partnerships with Ledger, Axelar, and others. Despite a 31.3% rise in market cap to $12.34 billion, the SUI price sits $3.51—over 34% below its all‑time high and up 1% in the last 24 hours.

Ethereum’s dip below $4,300 sparked a selloff that wiped more than $487 million in long positions and rattled major altcoins. Hyperliquid (HYPE) fell 8.7% to $43.38 and Sui (SUI) slid 7.3% to $3.55, joining drops in ETH 5.4%, SOL 5.6%, and ADA 6.2%. The market shift started after Bitcoin slid from $118 k to $115 k, triggering liquidations amplified by negative funding rates and higher U.S. PPI data. Analysts warn that breaking the $4,150 support could cascade prices to the $3.9k–$3.6k range, where HYPE and SUI would feel the hardest impact. A record Ethereum exit queue of 855,158 ETH—worth roughly $3.7 billion—could boost sell pressure as holders await unstaking. Traders are bracing for the Jackson Hole symposium, hoping the rally can resume after the corrective pullback.

Sui (SUI) has seen a surge in user engagement and developer activity, hitting an all‑time high in daily active addresses, according to Artemis data. On August 12, Grayscale launched two single‑asset investment trusts—the Grayscale DeepBook Trust and the Grayscale Walrus Trust—that invest exclusively in the DeepBook and Walrus protocols on the Sui blockchain. These trusts provide daily subscription access for accredited investors, marking institutional confidence in Sui’s infrastructure. The DeepBook CLOB underpins DeFi liquidity, while the Walrus storage platform offers scalable, chain‑agnostic data solutions; both are considered core to Sui’s ecosystem. By spotlighting these protocols, Grayscale is expected to boost visibility, attract developers, and increase transaction volume, further accelerating the network effect and ongoing growth.

Grayscale announced two single‑asset trusts that give accredited investors exposure to the native tokens of DeepBook and Walrus, the order‑book and programmable‑storage protocols that underpin the Sui blockchain. The move follows Grayscale’s first Sui product launched a year ago and comes amid a surge in DeFi activity, with TVL peaking at $2.3 billion before easing to $2.2 billion. DeepBook reports $10 billion in on‑chain volume, while Walrus—whose foundation raised $140 million from Standard Crypto in March—provides programmable data storage. Sharif‑Askary said the protocols serve as the ecosystem’s financial and data‑management backbones, delivering faster and affordable blockchain experiences. Mill City Ventures became the first firm to create a Sui treasury, raising $441 million—98 % of which went into Sui tokens—and later another $500 million. Co‑founder Abiodun highlighted that the trusts and other vehicles let institutions and traders gain Sui exposure thanks to its high‑throughput, low‑latency design.