Key takeaways: SUI is up 23% in the past 24 hours and 73% weekly, outperforming top-cap cryptocurrencies. The launch of the Grayscale SUI Trust and the xPortal/xMoney Mastercard partnership boosted investor confidence. SUI’s TVL is up 40%, and daily DEX volumes surge by 177%, signaling strong ecosystem trust and utility. Sui (SUI) price was up […]
Key takeaways:
SUI is up 23% in the past 24 hours and 73% weekly, outperforming top-cap cryptocurrencies.
The launch of the Grayscale SUI Trust and the xPortal/xMoney Mastercard partnership boosted investor confidence.
SUI’s TVL is up 40%, and daily DEX volumes surge by 177%, signaling strong ecosystem trust and utility.
Sui (SUI) price was up 23% in one day, to trade at $3.67 on April 25. This is part of a prevailing rebound that began on April 21 and has seen Sui rise more than 73% over the last seven days.
Data from Cointelegraph Markets Pro and TradingView shows SUI rose from a low of $2.11 on April 21, climbing as much as 77% to an intraday high of $3.71 on April 25.
SUI’s performance over the last seven days made it the biggest gainer among the top 100 cryptocurrencies by market cap.
SUI’s gains are primarily fueled by increasing investor confidence following the Grayscale SUI Trust launch and SUI’s strategic partnership with xPortal and xMoney to issue a virtual Mastercard across Europe.
“SUI’s officially out of stealth mode,” said pseudonymous analyst Kyledoops in an April 24 post on X.
“Grayscale just launched a trust, social chatter is exploding, and it’s [SUI] now sitting above AVAX and LINK in market cap,” Kyledoops expressed, adding:
“This isn’t just retail hype—Wall Street is stepping into the SUI zone. Momentum feels different this time. It’s real. And it’s accelerating.”
On April 23, Grayscale launched the Grayscale SUI Trust, which enables investors to gain exposure to SUI. The trust is now open to all eligible accredited investors.
Adding to the tailwinds is SUI’s latest partnership with xPortal and xMone, which introduced a virtual Mastercard, enabling 2.5 million European users to spend the token at over 20,000 merchants via Apple Pay and Google Pay.
