SUI Rallies 5% as June 2025 Token Unlock and Nasdaq ETF Buzz Drive Market Momentum

SUI is currently trading at $3.2629 with a 24-hour price increase of 5.17% and strong trading volume, maintaining a market capitalization of approximately $10.86 billion and ranking among the top 10–12 cryptocurrencies. The recent price surge is primarily driven by anticipation of the June 1, 2025, unlock of 44 million tokens for early contributors and community funds, as well as speculation over a potential Nasdaq spot ETF proposal for SUI, both of which have increased investor interest and market activity. Additionally, the recovery of a significant portion of funds from the May 2025 Cetus protocol hack and the subsequent restoration of user confidence have contributed to renewed momentum and positive sentiment in the market.