Sui price rebounds 10% as tBTC goes live and ETF prospects solidify

Sui price rebounds 10% as tBTC goes live and ETF prospects solidify


The price of Sui jumped alongside 2.8 billion dollars in daily volume, a sign that investors respond to real developments, Bitcoin native loan protocols at the ETF exam window.

July 14, sui (Sui) jumped more than 10% in 24 hours, going from a daily hollow of $ 3.44 to $ 3.99 before gains to be negotiated at $ 3.84 at the time of the press, according to Crypto.News.

The net increase, accompanied by $ 2.33 billion in 24 hours a 24 -hour trading volume, occurs while the wider market of cryptography leads to a vague of bullish momentum. However, the SUR rally stands out to be anchored in catalysts specific to the platform. Chief among them: the launch of the TBTC supported by Bitcoin Sur Suit and the confidence of the increase in an ETF followed in the United States, which recently crossed a key regulatory stage.

Bitcoin liquidity, ETF Momentum Fuel Sui’s Strength

The two -digit overvoltage validates its evolutionary role in filling the liquidity of Bitcoin with new generation DEFI. THE Integration of TBTCWho was put online on July 7, marks a technical breakthrough: sui is the first non -EVM channel to allow direct strike from the asset supported by Bitcoin, bypassing the ineffectures of the wrapped tokens.

Early adoption has been revealed, with $ 500 million in BTC liquidity, transported in sui-native protocols like Bluefin and Alphalend in a few days. For the context, this is equivalent to 10% of the total value of Suppreilée (TVL) now labeled by Bitcoin, a rare feat for non -ethereum chains.

ETF narrative adds institutional weight. The Nasdaq 19b-4 deposit for the Suit Etf of 21SDAQ, now under the SEC examination, follows $ 300 million at ETP based in Europe this year.

Although approval is not guaranteed, the deposit indicates that traditional finance takes seriously the SUD unique proposal. The network claims that its object focused on the object can treat TBTC transactions in 400 milliseconds, a speed that could redefine the Bitcoin utility in Defi.

Beyond the media threshing: the technical edge of sui

The recent Graycale report underlines why SU attracts capital while the other layers 1 stagnate. The network of parallel execution of the network manages 297,000 transactions per second, but more importantly, it distinguishes simple transfers (such as TBTC movements) and complex intelligent contracts, buying the first by a “fast path” for the settlement close to the moments.

This technical architecture is important because it allows Bitcoins holders to engage in loan or use performance strategies without the risks of Ethereum latency or Solana congestion.

The activity of the developers also highlights the momentum. The TVL of SUP increased by more than 200% for the start of the year to 12.29 billion dollars, the volume of stablecoin reaching $ 110 billion in May only, a sign that its infrastructure is tested by stress for real world payments.

Despite the recent rally, SU remains 28.11% lower than its summit of $ 5.35 in January. This difference reflects both the wider market correction and the unique supply dynamics of SU: only 33% of its 10 billion tokens supply is in circulation, the rest locked until 2030.

But with TBTC Live, an ETF in the regulatory pipeline and institutional players like Graycale highlights its technology, Suis is no longer another “Ethereum killer”. It sculpts a niche where Bitcoin’s liquidity responds to an institutional quality regulations, and for the moment, the market rewards this vision.

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