$SUI Chainbase ($C) officially launched on Binance on **July 18, 2025**, becoming the 28th HODLer airdrop project on Binance, triggering a strong market response. Key analysis as follows:

1. **Severe Price Volatility**: Initial launch price was $0.15, which **briefly soared to $3 (increase of 1900%)**, and then fell back to around $0.5, still maintaining an increase of about **200%-300%** (compared to the pre-launch price of $0.1375).

2. **Airdrop and Token Distribution**:

- Airdropped **20 million $C (accounting for 2% of total supply)** to Binance BNB holders.

- Initial circulating supply of 160 million (16%), with an additional 10 million reserved for **market activities after 3 months**.

3. **Project Positioning**: Focused on **AI and blockchain data integration**, providing cross-chain real-time data API, supporting applications such as DeFi and NFTs, and has attracted over 30,000 developers.

4. **Support from Binance**:

- Waived listing fees and provided a **seed label** (indicating early high-risk projects).

- Simultaneously launched trading pairs across **multiple product lines such as leverage and wealth management** (C/USDT, C/BNB, etc.).