$SUI (SUI) has seen significant activity despite recent price fluctuations. While the token has experienced some short-term bearish trends, including drops of 9% in the past 24 hours and 29% over the last month, its one-year performance remains strong, up over 190%.
Key developments include a reported recovery of $162 million amidst an exploit fallout and a Nasdaq 19b-4 filing to list a spot SUI ETF, signaling growing institutional interest. The Sui network continues to focus on enhancing security with a $10 million allocation and has seen its TVL (Total Value Locked) and DEX volume show signs of recovery, indicating underlying network strength and increasing liquidity. Partnerships, like with Wormhole and OKX Wallet, are also boosting cross-chain capabilities and engagement.
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