via Cointelegraph · By Cointelegraph Staff
Sui Surges 50% on Institutional Interest and Stablecoin Push
SUI/USDT
$269,751,542.62
$0.7019 / $0.6514
Change: $0.0505 (7.75%)
-0.0021%
Shorts pay
Sui network’s native token, SUI, has climbed 50% over the past seven days after a Nasdaq-listed company staked a large portion of the token’s supply and developers announced upcoming features, including zero-fee stablecoin transfers and private transactions.
SUI traded around $0.94 on May 4 before climbing to $1.41 on Sunday, according to CoinGecko. Over the same timeframe, trading volume…
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