Sui’s ETF Potential Gains Traction, But Network Activity Slows Down Price Rally
Sui (SUI), a Layer 1 blockchain gaining traction among institutional players, finds itself at a critical crossroads. While financial giants like 21Shares and Canary Capital race to secure approval for the first U.S.-based spot ETF tied to SUI, the asset struggles to hold ground below the $4 mark—raising questions about its short-term outlook. 21Shares recently…