SUI rose from $0.75 to $1.1 in a week for the following reasons:

1. USDC will be launched on SUI next week

2. The recent Mysticeti upgrade makes the TX completion time about 0.6 seconds

3. Binance launched 20x leverage SUIUSD futures and Yue

4. Grayscale officially announced SUI Trust

5. Suspected Asian funds bought SUI in OTC transactions

Strong narratives drive the rise is an inevitable law.

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