Coinspeaker
Jan 6, 2026
3 0

SUI Price Surges 18% Amid Rising Market Interest and Trading Volume

SUI Market Update

  • SUI has increased by 18% in the last 24 hours, nearing $2.
  • Weekly performance shows a 38% gain, outperforming assets like XRP, DOGE, and ADA.
  • SUI reached a two-month high due to improved market sentiment.
  • Daily trading volume surged by 97%, exceeding $1.8 billion.
  • Futures open interest rose to $947.26 million, indicating new capital inflow.
  • Total value locked (TVL) for Sui climbed to $1.04 billion.

SUI futures open interest

Bitwise ETF Application

  • Bitwise submitted an S-1 filing to the SEC for a spot SUI ETF in mid-December.

Mysten Labs Privacy Initiative

  • Mysten Labs released a paper on privacy features in modern blockchains.
  • The document outlines various levels of privacy, from basic confidentiality to full anonymity.
  • SUI is positioned as an account-based blockchain alongside networks like Ethereum and Solana.

Bitcoin Hyper Presale

  • Bitcoin Hyper raised over $30 million in its presale.
  • Aims to introduce smart contract functionality to Bitcoin via a Layer-2 network using Solana's Virtual Machine.
  • Plans to enable cross-chain compatibility with major blockchains.