As the General Crypto Markets rebound rally continues, the main player is one of the largest players in the financial field, Grayscale, and introduces the Gray Scale SUI Crypto Trust to open to all qualified investors and potentially turn into SUI ETF.
Why GrayScale embraces SUI Crypto
In the official tweet on April 23, Grayscale’s product and research director Rayhaneh Sharif-Askary explained why he was choice. In a four-minute interview, she jumped into Simples of SUI LAYER-1 Blockchain’s artificial intelligence (AI) push, unmatched expansion and various chains.
GrayScale MS. Sharif-Askary also focused on the easy accessibility of the SUI with a web2 login such as Google or Microsoft account, and erased the need to remember the encrypted encrypted or user name in Web3.
When SUI Price, since mid -February 2025, was an invisible milestone, the SUI Price finally gained $ 3. SUI Blockchain, which runs on Move Technology, first arrived in May 2023, but rose to $ 5.35 this year on January 4 this year.
Is it $ 5 for the Sui Price card?
In order for the SUI Crypto Price to return to the end of January, it is necessary to develop more advantageous in the field of strong purchasing power, heavy trading volume and decentralized finance (Defi). Digging Defi statistics shows a huge surge in Total Value Locked (TVL).
According to Defillama, the locked value of SUI Crypto has now exceeded $ 1.55 billion, increasing at 1.23B early this month. Suilend & Navi has been the most growth in the last seven days, and the SUDO Finance Perpetual protocol has gained the most profit during the monthly period and has increased TVL to $ 1.42 million to 119%.
In the Sui Crypto price chart, 42% increase over two days, Altcoin is seduced to $ 3 resistance. On the way, market watchers need to monitor Boll (Red-Label Bollinger Band) $ 3.30 Red-Label Bollinger Band, claiming that this level of boost can be recalled $ 5.
Luckily, in the case of SUI, the current strong trend persists with the True Strength Index (TSI) between 60 and 53 to check the momentum of the strong. When the SUI Price broke through the $ 2.63 mid -band, the whale gradually returned since April 22, 2025, and maintained a slightly higher CMF index.
on the other way
- Of the $ 97 million liquidation in the derivative market, $ 43.8 million was a long position of SUI Price, unlike $ 5.3 million shorts.
- This is excessively round and rounded by the SUI position, hoping that SUI Crypto Bulls will run larger than 42%.
Why this is important
Grayscale Asset Manager has more than 10 years of encryption experience and has opened a way for traditional stock market investors to accommodate digital assets in a well -regulated environment.
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