Sui Price Surges 10% on Bitcoin Integration and ETF Hopes

The Sui price experienced a significant surge of over 10% on July 14, rising from $3.44 to a daily high of $3.99 before settling near $3.89. This increase was driven by project-specific catalysts, including the launch of Bitcoin-backed tBTC on Sui and growing speculation around a U.S.-listed SUI exchange-traded fund (ETF). These developments strengthened market confidence and drew investor attention to the project.

Sui made headlines on July 7 by becoming the first non-EVM blockchain to support the direct minting of tBTC. Unlike wrapped tokens, which rely on third-party custodians, Sui’s approach allows users to bring Bitcoin liquidity on-chain natively. This eliminates inefficiencies and reduces the risk of bridge exploits. The move is seen as a technical milestone, strengthening Sui’s position in the DeFi space by unlocking access to Bitcoin’s vast liquidity. It also gives Sui an edge over other Layer 1 networks struggling to offer smooth BTC integration.

In less than a week, over $500 million in Bitcoin was deployed to Sui-native DeFi platforms like Bluefin and AlphaLend. These inflows now represent nearly 10% of the network’s total value locked (TVL). This level of Bitcoin liquidity is rare for non-Ethereum chains and reflects not just strong infrastructure but rising institutional interest in Sui’s evolving ecosystem. The increase also added support to the Sui price rally.

Further optimism came from the filing of a 19b-4 form by Nasdaq to list a spot SUI ETF by 21Shares. The filing is currently under review by the U.S. Securities and Exchange Commission. While approval is not yet certain, it adds regulatory momentum to the project. Sui-based products in Europe have already attracted $300 million in institutional inflows this year. The possibility of a U.S.-listed ETF could further legitimize Sui as a long-term blockchain investment, helping drive the current rise in Sui price.

Sui’s technical strengths are also playing a role in its upward momentum. The network is capable of processing up to 297,000 transactions per second using a parallel execution engine. It also separates basic transfers, like those involving tBTC, from complex smart contracts. This allows for near-instant processing of simple transfers—settled in just 400 milliseconds. Such speeds outperform Ethereum and Solana and are particularly appealing to institutions and DeFi developers alike. This efficiency is increasingly being priced into the Sui price.

Developer interest in Sui continues to increase. The total value locked in Sui’s ecosystem has risen more than 200% year-to-date, now reaching $12.29 billion. In May alone, Sui processed $110 billion in stablecoin volume, indicating real-world adoption. These usage statistics highlight a growing and active user base. They also reinforce the perception that Sui is not only scalable but ready for real economic applications. This rise in activity underpins long-term confidence in the Sui price.

Despite the latest rally, the Sui price remains 28.11% below its January all-time high of $5.35. One reason is the controlled token release schedule. Only 33% of the 10 billion total token supply is currently in circulation, with the remainder locked until 2030. This limited circulating supply adds a deflationary element that could support future gains. Combined with strong fundamentals and rising adoption, it presents a case for a longer-term price climb.

Speculators are also betting on continued price momentum. Open interest in SUI futures rose 1.73% in the past 24 hours, reaching $1.76 billion. At the same time, trading volume increased 12.41% to $8.44 billion. This rise in both open interest and volume indicates that traders expect continued volatility and potential upside. It also suggests growing confidence in the short- to mid-term movement of the Sui price.

The recent surge in Sui price is not just a market reaction—it reflects progress on multiple fronts. From groundbreaking Bitcoin integration to real institutional interest, Sui is carving out a unique space in the blockchain sector. If current trends hold, the token may continue to gain both in value and utility. The foundation appears solid, and the market is beginning to acknowledge that strength.

The Sui price surged over 10% on July 14 as key developments boosted market confidence. The launch of Bitcoin-backed tBTC and progress toward a U.S.-listed SUI ETF drew investor attention. Over $500 million in BTC flowed into Sui-based DeFi platforms, while institutional demand continued to rise. With its high-speed infrastructure, growing developer activity, and a deflationary token model, Sui is positioning itself as a serious contender in DeFi. The rally reflects more than hype—it’s backed by strong fundamentals and rising adoption.