On August 12, 2025, Grayscale launched the DeepBook Trust and Walrus Trust, enabling accredited investors to gain direct exposure to these two prominent Sui ecosystem protocols—DeepBook (a decentralized central limit order book) and Walrus (a scalable on-chain storage platform) .
Why this matters:
These trusts spotlight core Sui infrastructure, boosting institutional visibility.
According to Grayscale’s Rayhaneh Sharif-Askary, both DeepBook and Walrus are “the financial and active data management backbones of the Sui ecosystem” .
Mysten Labs co-founder Adeniyi Abiodun called the launch a “seminal moment” and expects increased network engagement .
Sui’s daily active addresses recently hit an all-time high—an on-chain activity surge that could be further fueled by these products .
Total Value Locked (TVL) recently peaked near $2.3 billion, slightly down to ~$2.2 billion — a strong DeFi footprint for Sui .
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Traditional Finance Adoption
Sygnum, a Swiss-regulated bank, has fully integrated support for $SUI , including custody, trading, staking, and treasury services—hybridizing crypto asset management with traditional finance infrastructure .
Amina Bank has also begun offering $SUI trading and custody solutions, marking another milestone in bridging crypto and banking services .
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Market Momentum & Technical Setup
The $SUI price has surged nearly 11% over the past 24 hours, and around 17–18% over the past week, outperforming many Layer-1 peers .
On top exchanges like Binance and Coinbase, daily trading volume for SUI is in the $1.5–3 billion USD range, with strong technical indicators pointing to a bullish trend .
Analysts from CryptoRank and NewsBTC suggest SUI is carving out a bullish breakout—some eyeing targets as high as $10 .
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Technology & Ecosystem Advancements
Sui’s object-centric data model and the efficient Move-based execution engine continue to enable fast, parallelized transaction processing—sub-second finality at scale .
Recent innovations like zkLogin (zero-knowledge login) and sponsored transactions help onboard users seamlessly, removing friction around private keys and gas fees .
Grayscale’s July report, Built for Scale: Why Sui Stands Out, emphasizes Sui’s technology readiness for mass adoption, highlighting its robust architecture and vertically integrated development roadmap .
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Summary: What’s Next for SUI?
1. Institutional trust exposure via DeepBook and Walrus could increase liquidity, visibility, and on-chain activity.
2. Traditional banking adoption adds legitimacy, supports custody use cases, and offers regulated access.
3. Technical momentum — strong price performance, breakout potential, and high trading volumes signal growing market confidence.
4. Scaling infrastructure and user experience tech continue making Sui more appealing to developers and end-users alike.
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Outlook
With growing institutional backing, traditional finance integration, expanding TVL, and strong network metrics, Sui appears well-positioned to continue its upward trajectory. The emergence of DeepBook and Walrus trusts may prove to be pivotal milestones—potentially driving deeper adoption and liquidity across the ecosystem.
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Additional Resources & Context
Sui’s mainnet launched in May 2023, developed by Mysten Labs, built on Move and optimized for object-centric, high-speed performance .
Technical papers like Buck You outline features such as zkLogin and sponsored transactions, aimed at improving user onboarding and fee management .
Sui Lutris and Mysticeti research showcase further scalability enhancements, hitting sub-second finality at high throughput .
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Bottom line: SUI is gaining serious momentum — boosted by high-profile institutional trust launches, mainstream banking integrations, robust on-chain growth, and strong technical foundations. As more capital flows in and ecosystem tools mature, SUI's trajectory could set the stage for sustained expansion.