SUI Token Surges 3.48% as Lion Group Treasury Move and Major Partnerships Drive $2.1B TVL

SUIUSDT experienced a 3.48% price increase over the last 24 hours, rising from 2.7042 to 2.7983 on Binance. This positive movement is attributed to renewed investor confidence following major ecosystem developments, including the announcement by Nasdaq-listed Lion Group to add SUI to its corporate treasury and prominent partnerships with Microsoft, Fireblocks, and 21Shares, which have contributed to increased institutional interest and a total value locked (TVL) of $2.1 billion. Additionally, the recent SUI Ecosystem Trading Competition and expanding DeFi integrations have supported trading activity and sentiment recovery after the earlier impact of the Cetus Protocol hack.

Currently, SUI trades at 2.7983 with a 24-hour trading volume ranging from $564.98 million to $993.39 million, a market capitalization of approximately $9.42–$9.47 billion, and a circulating supply of about 3.40 billion tokens, ranking it as the 16th largest cryptocurrency by market value.