SUI has surged by 20% in the past 24 hours, with the altcoin’s move to $3.58 coming as the crypto market as a whole barely moves today. This price means that SUI is also up by 69% in a week, with the major catalyst for this gain being Grayscale’s launch of the Grayscale SUI Trust, which is looking to attract institutional investors to the altcoin. Combined with Sui’s solid fundamentals and steady growth as an ecosystem, such a development puts the coin in a very strong position for the coming months. Is Sui the Next Solana? $3.3B Volume Sends SUI Price Soaring 20% On the one hand, Grayscale’s announcement of a trust for SUI has greatly boosted bullishness for the token, signalling that whales and institutions will soon be coming for it. Introducing the Grayscale $SUI Trust Open to eligible accredited investors$SUI