Here’s why Sui price soaring more than 8% after Bitcoin integration

Bitcoin wrapped by Bitgo can now go from Ethereum to Sui via Su Bridge, by widening BTCFI for the SUC ecosystem.

The price of sui (Sui) increased to $ 3.37 on Tuesday, February 4, winning 8.5%, following the news that Su Bridge now takes care of Bitcoin wrapped (WBTC). With integration, users can now move Bitcoin (BTC) of Ethereum (Ethn) to the SU.

In a blog announcement on February 3, the SU team said that the network transformed WBTC into an “fully composable active”. Users can now lend, borrow, exchange or put their WBTC to work in various decentralized financial applications, such as Bluefin, Nav and Suilend, which all support WBTC, the advertisement.

“BTC has always been a cornerstone of the crypto, but its use has largely limited to being a reserve of value. BTCFI SUR CHANGE, transforming WBTC into an fully composable asset which integrates transparently between the protocols DEFI SU. »»

Sui

Meanwhile, analysts seem optimistic about the long -term potential. Patrick Bush from Vaneck earlier note This sui, which currently has 280 active developers, is considered a competitor of Ethereum and Solana. At the end of 2025, Bush said that SUP can reach a price of $ 16, up compared to its current level, which represents an increase of 326%.

However, cryptocurrency faces several risks that could have an impact on its long-term growth, warns Bush. A key challenge is its need for effective business development. In addition, Suis has not yet developed a “coherent strategy that integrates technical development to the expansion of the ecosystem”, writes Bush. In addition to this, the SUI infrastructure has not been tested at stress, which raises concerns about its ability to manage complex operations.