SUI, the native token of the Sui Layer 1 blockchain, has rebounded to the $3 mark, fueled by the recent acquisition announcement by Lion Group Holdings, a Nasdaq-listed investment and financial services firm. According to CoinDesk, since the June 26th announcement, SUI has experienced a consistent upward trajectory. The acquisition news has instilled confidence in the market, driving demand for SUI. CoinDesk further notes that SUI has risen approximately 15% in the last week and maintains a technically bullish outlook, with a support level established around $2.87. The Lion Group's involvement is anticipated to bring additional resources and strategic direction to the Sui blockchain, potentially accelerating its development and adoption within the broader Web3 ecosystem. ```