CZ Emphasizes Product Over Marketing as Crypto Markets See ETF and Stablecoin Gains

The head of Binance, Changpeng Zhao (CZ), recently stated that while marketing is important in the crypto industry, a strong product remains the foundation for success (). This comment comes amid renewed market activity across key digital assets and infrastructure projects. Solana (SOL), for instance, rose above $137, driven by growing institutional demand and a surge in spot ETF inflows. Sui (SUI) also extended its rally, supported by rising on-chain activity and derivatives data.

Solana's price continued to climb above $137 on Tuesday, up more than 7% in the prior week. This gain coincided with significant inflows into spot ETFs, with over $16 million in new assets as of Monday, marking the highest single-day inflow since mid-December. The inflow trend indicates increasing institutional participation in the Solana ecosystem, which has grown steadily since October. In addition, stablecoin supply on the Solana network has recovered to $15.32 billion, signaling improved usage and demand.

Sui's price has also seen a bullish trajectory, trading near a two-month high above $1.95. The asset extended its six-day winning streak on Tuesday, supported by rising on-chain volume and derivatives activity. Santiment data shows the Sui ecosystem's trading volume reached $967.43 million, the highest since early December. This surge in trading interest and liquidity has been accompanied by an increase in Total Value Locked (TVL), which currently stands at $1.04 billion on Tuesday.