Sui Surges 6%: Key Catalysts Driving Growth

Sui, a top-20 cryptocurrency by market capitalization, surged 6% in the past week due to two key catalysts. Coinbase listed Sui on its web and mobile platform, and a 2x leveraged Sui ETF was approved by the SEC and began trading publicly. These developments have attracted investors and speculators, potentially encouraging a shift from perpetual futures and derivatives products to gain exposure to Sui.