SUI (Sui) has pumped 7.58% in the last 24 hours.

Gate News Bot news, on October 20, according to CoinMarketCap data, as of the time of writing, SUI (Sui) is currently priced at $2.64, rising 7.58% in the last 24 hours, reaching a high of $3.01 and a low of $2.29, with a 24-hour volume of $1.236 billion. The current market capitalization is approximately $9.568 billion, an increase of $674 million compared to yesterday.

Important recent news about SUI:

1️⃣ Bluwhale AI project selects Sui ecosystem Bluwhale AI (BLUAI) will launch globally on Gate on October 21, 2025. As a Web3 smart layer project, Bluwhale has received investment support from several leading public chain ecosystems, including Sui. The BLUAI token has been deployed on the SUI chain, reflecting the attractiveness of the Sui ecosystem in the field of AI and financial services integration.

2️⃣ Sui ecosystem projects face security challenges The TLP contract of Typus Finance was attacked due to an oracle vulnerability, resulting in the suspension of all its smart contracts. The Sui Foundation is participating in an emergency investigation. This incident highlights the challenges faced by the Sui ecosystem in terms of security, which may affect investor confidence.

3️⃣ Figure introduces SEC-registered security tokens to Sui Figure Technology Solutions announced the introduction of its SEC-registered yield-bearing security token YLDS to the Sui blockchain. This marks the first time YLDS has gone live on a Layer 1 network outside of the Provenance blockchain, signifying an important breakthrough for Sui in the field of compliant financial products, with the potential to attract more institutional-grade applications.

The price of SUI has risen by 7.58% in the past 24 hours, likely influenced by the positive impact of ongoing ecosystem development. However, considering recent security incidents and the time required for new projects and features to take effect, market reactions may be volatile. Technically, after breaking through the $3 mark, the SUI price has retraced and is currently stabilizing around $2.64, with short-term trends still needing observation.

This message is not intended as investment advice; investors should be aware of market volatility risks.