According to NewsBTC, SUI has surged 31% following Coinbase's approval to offer the token to New York residents, expanding its reach into a heavily regulated U.S. market. The rally followed a major token unlock of $82–86 million, which typically pressures prices but instead saw strong buyer support. Trading volume has more than doubled to $1.5 billion, signaling genuine accumulation. The launch of USDsui, a fiat-backed stablecoin, and improved technical indicators also contributed to renewed investor confidence.
SUI Surges 31% Amid Coinbase New York Listing and Strong Institutional Demand
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