The SUI price rises 10 % with TBTC progress and steel ETF prospects star-news.press/wp

The SUI price has risen along with $ 2.8 billion in daily size, a sign that investors respond to real developments, from Bitcoin original lending protocols to the SEC ETF Review window.

On July 14, SUI (SUI) jumped more than 10 % in 24 hours, as it increased from the lowest daily level from $ 3.44 to $ 3.99 before reducing trading gains at $ 3.84 at the time of the press, according to Crypto.News data.

The sharp rise, with $ 2.33 billion in trading volume 24 hours, comes at a time when the broader encryption market is installed a wave of bullish momentum. However, the Sui Rally highlights as it is based on platform stimuli. The most important of them: Bitcoin -backed TBTC launch on SUI and the growing confidence around the United States SUI ETF, which recently crossed a major organizational sign.

Bitcoin liquidity, ETF Fuel Sui momentum power

The SUI’s two -digit increase leads to the health of its advanced role in the Bitcoin Dam with Defi from the next generation. the TBTC integrationIt was broadcast on July 7, represents a technical penetration: SUI is the first non -EVM series to enable direct mining of Bitcoin assets, bypassing the inefficiency of the wrapped symbols.

Early adoption has been adopted, as BTC liquidity has been transferred of $ 500 million into a normal citizen protocols such as blue fins and Alfand within days. For the context, which is equivalent to 10 % of the total value of Sui (TVL) that is now reincarnation, is a rare achievement of non -will chains.

ETF narration adds institutional weight. The SUI ETF file for SUI ETF is followed in NASDAC 19B-4 of 21shares, and it is now under SEC review, $ 300 million in flows to the SUI-based ETPS in Europe this year.

While approval is not guaranteed, the deposit signals indicate that traditional financing takes the unique suji suggestion seriously. The network claims that its focus on the object can process TBTC transactions at 400 mm, a speed that can redefine the Bitcoin benefit in Defi.

Beyond noise: Sui’s technical edge

The recent report of Grayscale highlights the reason why SUI attracts the capital while the other layer was stagnant. The parallel implementation engine of the network deals 297,000 transactions per second, but most importantly, it distinguishes between simple transfers (such as TBTC movements) and complex smart contracts, and the first is directed by a “quick path” for the settlement near the eight.

This technical architecture is important because it allows bitcoin holders involved in lending strategies or benefiting from the return without risk such as ETHEREM or Solana congestion.

The developer’s activity emphasizes the momentum. Sui’s TVL has grown more than 200 % to 12.29 billion dollars, with Stablecoin $ 110 billion in May alone, a sign that its infrastructure is tested for stress for real payments.

Despite the last gathering, SUI 28.11 % is still less than its highest level ever at $ 5.35 in January. This gap reflects both the wider market correction and the unique supply dynamics of SUI: only 33 % of the 10 billion distinctive symbol supplies in trading, with the rest lock until 2030.

But with TBTC Live, ETF in the regulatory pipeline, institutional players such as Grayscale Spotlighting, Sui is no longer just a “ethereum killer”. It is a sculpture where Bitcoin liquidity meets the settlement of the institutional class, and now, the market rewards that vision.