❤️ GOOD NEWS for #SUI holders 🍬🍬
#Sui a DPoS layer 1 blockchain recorded an impressive bullish run last day propelled by Grayscale’s recent move to open its Sui Trust to accredited investors.
#sui (SUI) registered a 17% price surge over the past day — rising from $0.74 on Sep. 12 to a monthly high of $1.05 earlier today. The token is also up by 27% in the past 7 days.
Following the price hike, SUI’s market cap surpassed the $2.75 billion mark — making it the 34th-largest crypto asset — with a daily trading volume of roughly $451 million.
One of the key drivers behind SUI’s recent price surge is Grayscale’s decision to open its Sui Trust to accredited investors. As one of the leading digital asset managers, Grayscale’s backing adds a layer of credibility, drawing institutional interest toward Sui.
At the same time, a broader market rally, marked by a rise in global cryptocurrency market capitalization from $2.08 trillion to $2.26 trillion on Sep. 12, has further fueled positive sentiment, boosting SUI’s upward trajectory.
