- Sui Network outperformed the overall crypto market with an impressive 66.9% increase, driven by strong investor interest and developments.
- Grayscale launched the SUI Trust, opening Sui Network to institutional investors and supporting the asset’s 70% weekly price rally.
- The xPortal and xMoney collaboration introduced a virtual Sui Mastercard, enhancing real-world utility for SUI holders through digital payments.
Sui Network has captured attention by outperforming the broader crypto market, posting a 66.9% increase over the past week reaching $3.47 as of writing. Key developments have fueled this momentum, positioning SUI as a standout among top-cap digital assets.
Sui Network Gains Momentum with Grayscale SUI Trust Launch
The launch of the Grayscale SUI Trust has provided a substantial boost to Sui Network. Grayscale announced the introduction of the SUI Trust, opening investment opportunities to accredited investors. The trust aims to offer institutional players a new path to gain exposure to SUI, enhancing its credibility in the market.
Through a post on X, Sui Network expressed enthusiasm about this development, stating, “Another major vote of confidence for Sui.” Grayscale also confirmed the opening of the trust to eligible investors, adding another layer of validation to Sui’s growing presence.
The trust’s debut seems to have ignited renewed interest among investors, driving SUI’s remarkable 70% weekly price increase. With Grayscale’s reputation for attracting institutional interest, the move could strengthen Sui Network’s market position moving forward.
Partnership with xPortal and xMoney Powers Sui’s Real-World Utility
Another catalyst for Sui Network’s recent performance is its collaboration with xPortal and xMoney. The partnership enables SUI holders to access a virtual Sui Mastercard, offering seamless payment integration through Apple Wallet and Google Pay.
Sui Network announced the collaboration on X, detailing features such as a custom Sui wallet experience inside xPortal and card issuance capabilities powered by xMoney. Additionally, users can access fiat onramps, compliance support, built-in NFTs, staking, and dApp integrations.
By bridging digital and real-world transactions, this initiative strengthens Sui Network’s appeal among crypto users looking for practical asset utilization. The ability to spend SUI effortlessly aligns with growing demand for blockchain products with tangible, everyday applications.
Sui Network Outpaces Top-Cap Coins with 66.9% Rally
With a 70% price surge, Sui Network has emerged as the week’s top performer among leading cryptocurrencies. Data shared by Torero_Romero underlined this achievement, noting SUI’s 66.9% growth over seven days, well above broader market averages.
The synchronized impact of Grayscale’s trust launch and the xPortal/xMoney partnership underscores Sui’s accelerating adoption curve. Together, these milestones have bolstered market confidence, helping Sui Network lead among high-cap blockchain projects.
As a result, Sui’s strategic developments continue to set it apart, highlighting its role as a rising force within the digital asset landscape.
