SUI Token Surges 7.53% as tBTC Integration, DeFi Growth, and Binance Event Drive $529M Volume

SUIUSDT has experienced a 7.53% price increase over the last 24 hours, with the current price at $3.1448 and a 24-hour opening price of $2.9246, according to Binance data. The primary drivers behind this upward movement include the integration of tBTC on the Sui blockchain, which has unlocked significant Bitcoin liquidity and expanded DeFi capabilities on the network. Additional contributing factors are the surge in developer activity, the launch of new applications such as the Samurai Shodown R blockchain game, and Binance’s anniversary event incentivizing SUI trading and fixed earn participation. These developments have attracted heightened trading interest, reflected in a substantial increase in 24-hour trading volume to approximately $529.44 million and a market capitalization of about $10.93 billion, positioning SUI among the top 15 cryptocurrencies by market cap.