Overview
- SUI rose roughly 14% in the past 24 hours and about 38% this month to near $1.99, outpacing bitcoin and ether in a broadly quiet market.
- Mysten Labs published a systematization paper detailing privacy options for account-based blockchains and the trade-offs involved, without setting a launch timeline.
- Bitwise and Canary Capital filed for spot SUI ETFs, signaling institutional interest even though such filings do not guarantee eventual approval.
- Markets digested the January 1 vesting release of about 43.69 million SUI (approximately $65 million) without derailing the advance.
- Network fundamentals remain firm, with post‑upgrade throughput around 866 TPS and DeFi TVL reported near $1.04 billion, alongside a rise in futures open interest to the highest since October.