BTC and ETH funding frenzy, SUI surges back, what opportunities are hidden behind it?
As BTC surged to $90,000, Bitcoin ETFs in the beautiful country attracted $2.78 billion in a week, with institutions scrambling and confidence soaring. ETH ETFs also saw slight follow-up, with a noticeable warming of fund inflows.
On the other hand, SUI chain data exploded, with TVL surging 38% in a week, DEX trading volume doubling, and the total amount of stablecoins skyrocketing by 82% in two months, supporting a 60% price surge.
Overall, BTC and ETH are benefiting from long-term ETF funding, which is conducive to steady growth; while new public chains like SUI, despite their rapid emergence, exhibit high volatility, and operations should be cautious.