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BTCC / BTCC Square / Global Cryptocurrency /
21Shares Seeks SUI ETF Approval Amid Surging DeFi Adoption on the Network

21Shares Seeks SUI ETF Approval Amid Surging DeFi Adoption on the Network

Author:
Global Cryptocurrency
Published:
2025-05-27 15:53:14
9
1
[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -

SUI’s market outlook grows increasingly bullish as 21Shares files for an ETF, signaling strong institutional confidence in this LAYER 1 blockchain. This development follows sustained expansion in SUI’s DeFi ecosystem and robust developer activity, cementing its status as a competitive smart contract platform.

Technical analysis indicates three distinct corrective phases since launch, each characterized by RSI dips below the median line. The current breakout suggests renewed accumulation, with traders closely monitoring for a confirmed market structure shift above critical resistance levels.

|Square

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