#Sui (SUI) has experienced significant price gains over the past seven days. What are the factors driving SUI’s bullish momentum?
Sui collaboration and integration
This Layer-1 blockchain has been working hard to improve its usefulness, even gaining recognition from Cardano’s Charles Hoskinson.
Recently, Sui partnered with Ant Digital Technology to accelerate the introduction of real-world assets into Web3. This collaboration makes tokenized assets available on Sui for the first time.
Likewise, leading non-custodial multi-chain crypto wallet Phantom Wallet is integrated with the Sui Network. Phantom has approximately 7 million active users, and the move is significant as Sui users can now extend their wallet solutions into the Solana ecosystem.
These collaborations and integrations have helped bolster bullish sentiment for SUI.