SUI Gains Momentum with ETF Inclusion and Strong Accumulation Signals
Sui (SUI) has become a top performer in the altcoin market, driven by strategic ETF inclusion and significant accumulation. According to CoinGlass data, $17.17 million worth of sui was withdrawn from exchanges last week—a strong indicator of bullish sentiment. The token's allocation in Bitwise’s BITW ETF, making up 0.24% of the fund's portfolio, has further boosted its institutional credibility.
Market trends show an interesting pattern: prices are rising while trading volumes are shrinking. This points to cautious Optimism rather than speculative hype. The movement aligns with broader institutional interest in altcoins like Solana and Avalanche, which are now regular features in regulated investment products.
Derivatives activity supports this outlook. Open interest has remained steady even as spot prices increase—a sign of disciplined capital deployment. Key support levels held firm during recent market volatility, reinforcing SUI's status as a mid-tier asset with long-term potential.