SUI Jumps 4% as Swiss Banks Expand Institutional Crypto Services

Sui's native token SUI surged 4% to $3.82 after Sygnum Bank broadened its regulated crypto offerings for institutional clients. The Swiss digital asset bank now provides custody, trading, and lending services linked to the Sui blockchain, signaling a major milestone in institutional adoption.

Amina Bank joined Sygnum this week as the first globally regulated bank to facilitate sui trading and custody. This dual endorsement from Swiss financial institutions drove trading volume to 36.45 million tokens overnight—more than double the daily average—as buyers held a key support zone between $3.72 and $3.74.

The price action aligns with broader market trends, with the CoinDesk 20 Index rising 4.5% during the same period. While SUI's 7% monthly gain lags behind the wider crypto market, the banking partnerships reflect growing institutional confidence in the layer-1 blockchain's ecosystem.