#SUI🔥 $SUI #USDC✅ Today's Update of SUI
💰 SUI Coin Market Update (as of December 4, 2025)
The latest reported price data shows a strong upward movement recently, following a period of high volatility.
Current Price: Around $1.60 - $1.70 (prices vary slightly between exchanges).
24-Hour Change: Price has generally been up significantly, with reports showing an increase of over 23% in the last 24 hours (as of the most recent data).
24-Hour Range: Roughly between $1.37 and $1.78.
Market Cap: Approximately $6.36 Billion.
Market Rank: Hovering around #28 to #30.
Trading Volume (24h): The volume has increased substantially, indicating a surge in trading activity, with reports around $1.55 Billion.
🚀 Key Developments & News
The recent price surge appears to be linked to a convergence of several major positive institutional and regulatory developments:
Coinbase New York Approval: Coinbase received regulatory approval to allow New York residents to buy and trade SUI. This is a significant move, as New York is one of the most strictly regulated U.S. crypto markets, giving SUI a stronger profile as a compliant Layer-1 network.
Institutional Adoption:
Vanguard added SUI to its Bitwise 10 Crypto Index, exposing the token to its massive asset management clientele.
There has been institutional validation via Swiss bank custody and a 21Shares ETF filing.
Token Unlock Absorption: The market absorbed a scheduled token unlock (approx. $82–86 million worth of tokens on December 1st) without the typical resulting price drop, signaling strong demand.
Ecosystem Growth: The launch of USDsui, a fiat-backed stablecoin, and a focus from the Sui Foundation on scaling its DeFi efforts also contribute to the positive sentiment.
In summary, SUI is experiencing a notable rally driven by major institutional and regulatory milestones, successfully overcoming supply pressure from a recent token unlock.