- That raises excitement in the entire crypto industry as Trump’s son, Eric Trump, owns Bitcoin, Ethereum, Solana, and SUI.
- As such, analysts are forecasting that SUI may well be the company to spur the next leg of market growth based on stewardship, stable fundamentals, and emerging growth patterns.
- The Trump administration aims to lead the world through defining definitions, no taxation on crypto, and utilizing bitcoin reserves.
In an interview, the son of president-elect Donald Trump, Eric Trump revealed a list of cryptocurrencies that he has invested in. He said he owns Bitcoins, Ethereum, Solana, and SUI. This has caused a lot of cheers across the crypto community most especially with SUI. The analysts have paid some attention to the concept of SUI, based on the company’s current market status and future development opportunities.
SUI Surprisingly Becomes Popular in Crypto Landscape
SUI which is the 13th largest cryptocurrency now boasts of a market cap that stands at over $14 billion. In 2024, it was one of the best-performing assets experiencing high price swings as well as Bitcoin. Yet, SUI has shown a minor drop since the start of 2025. The token, however, is down 2% in the last 24 hours and 6% in the week leading up to today.
Despite this temporary downturn, analysts believe that SUI could play a pivotal role in the upcoming market surge. The strong foundation of the Sui Network and its continued expansion offer promising prospects for the asset’s future.
Analysts Predict SUI-Driven Market Rally
Prominent crypto analyst Ben Armstrong has highlighted Eric Trump’s inclusion of SUI in his portfolio as a potential catalyst for a broader market rally. Armstrong’s optimism aligns with other analysts who cite the Sui Network’s innovative infrastructure and rising adoption as key factors. Moreover, SUI’s performance in 2024 has positioned it as a token to watch closely in 2025.
He said that according to Donald Trump the United States should become a world leader in emerging currency. To this end, the next government will seek to introduce complete legal guidelines on cryptocurrencies.
Also, It witnessed the growth of strategic bitcoin reserve and provision of tax exemption on virtual currencies investment. Thus, this approach suggests that the United States is ready to create a favorable climate for the development of a crypto industry that will encourage innovation.
Since last year, due to the Trump family’s increasing focus on cryptocurrencies experts and critics alike have started turning their gaze. The fact that Eric Trump filed a disclosure of his portfolio shows that the family has confidence in the kind of future that digital assets hold. In addition to that, the administration encourages the use of cryptocurrencies in the country and this is in line with the overall market positivity for future expansion.
The synchronization of the source of regulation, operational strategies, and celebrity endorsement is assumed to provide better conditions for cryptocurrencies in the United States. As such, the industry expects more progress under Trump with presidential leadership.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.