Gate News Bot Message, February 03 — According to CoinMarketCap data, as of press time, SUI (Sui) is trading at $1.15, up 4.27% in the past 24 hours, with a high of $1.46 and a low of $1.08. The 24-hour trading volume reached $705 million. The current market capitalization is approximately $4.406 billion, an increase of $180 million from yesterday.
Sui is a comprehensive technology stack platform built for the new global economy. The platform offers modular decentralized infrastructure, including asset and service coordination, trust data layer, data security, verifiable off-chain computation, liquidity management, and identity management. Sui uses the Move secure programming language, features Mysticeti DAG consensus mechanism for low-latency transactions, and includes DeepBook programmable liquidity layer. The platform supports applications across multiple industries such as institutional and capital markets, DeFi, AI, and gaming, with core features including asset ownership, data verifiability, business readiness, composability, and high performance.
Important Recent News about SUI:
1️⃣ Advancing Privacy Technology to Enhance Platform Competitiveness
Mysten Labs is actively promoting privacy technology solutions to strengthen Sui’s core advantages in data security and user privacy protection. In a market environment where data security concerns are continuously rising, breakthroughs in privacy technology help attract more institutional clients and capital market participants, expanding the platform’s application scenarios.
2️⃣ ETF Products Launch to Expand Institutional Investment Channels
21Shares has launched its first leveraged Sui-related fund product and received approval, marking Sui’s official entry into the ETF investment era. This provides traditional institutional investors and asset management firms with standardized investment options, lowering participation barriers and facilitating the influx of long-term capital.
3️⃣ Global Coordination Layer Elevates Strategic Value
The platform’s role as a global coordination layer for smart assets is gradually becoming more prominent. Its deployment across multiple application scenarios such as capital markets, DeFi, AI, and gaming deepens, reinforcing Sui’s market positioning and ecological value as a complete technology stack.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Midnight (NIGHT) Lands a $335M Bank Deal – And Cardano Is Being Asked Serious Questions
Midnight hasn’t even launched, and yet, they just pulled off something that most blockchains dream about. Monument Bank is going to tokenize retail customer deposits. In the first phase alone, that’s $335 million worth of real-world assets moving onto Midnight.
That’s more than the value of al
CaptainAltcoin38m ago
WSJ: The likelihood of a successful ceasefire between the US and Iran remains low; the 15-point plan was rejected, and Iran refuses to relinquish nuclear weapons and missiles.
The article states that Iran has not proactively requested the U.S. to suspend its energy strikes, contradicting Trump's claims. The ceasefire negotiations are progressing poorly, with Iran responding strongly to the U.S. proposal at 3 p.m., refusing to discuss nuclear weapons and missile issues. The passage of oil tankers through the Strait of Hormuz is seen as a symbolic progress, but there has been no substantial breakthrough. This situation affects the performance of risk assets like Bitcoin, and the OECD warns that if the conflict continues, U.S. inflation could rise.
動區BlockTempo54m ago
Ethereum Price News: ETH Breaks Above $2,400 as Three Key Indicators Show Signs of Recovery
Ethereum recently experienced a 6% pullback, retesting the $2,050 level, and the market remains cautious about whether it can rebound to $2,400. A breakout requires a revival in decentralized exchange activity, renewed institutional confidence, and futures market premiums returning to a reasonable range. Currently, Ethereum's price has fallen 31%, with weak market demand and limited short-term upward momentum. Investors should monitor on-chain data and capital flows.
GateNews58m ago
Michael Saylor: The next phase of Bitcoin is digital credit
MicroStrategy founder Michael Saylor proposes the concept of digital credit as a development direction for the cryptocurrency market. Using STRC preferred stock as an example, he emphasizes its low volatility and high yield characteristics. In Saylor's three-layer digital capital framework, digital credit aims to provide stable returns and bridge the gap in institutional crypto allocations, although it also faces critics' concerns about its sustainability.
MarketWhisper1h ago
JPMorgan: Bitcoin absorbs Iran war hedge funds, gold ETF experiences significant outflows
JPMorgan report indicates that due to the Iran conflict, Bitcoin outperformed gold and silver, the latter of which experienced significant declines due to rising interest rates and a strong dollar. Gold's high-position holdings were forcibly liquidated under market pressure, leading to capital outflows. Bitcoin remained stable, demonstrating its appeal as a safe-haven asset, especially amid geopolitical tensions. The report also emphasizes that Bitcoin's market liquidity has surpassed gold, indicating an improvement in its structural position.
MarketWhisper1h ago
