Sui
Why Sui is up 1.0% in the last hour
Analysis
Sui (SUI) rose about 1.0% over the past hour likely on positive sentiment after reports that Canary and Grayscale launched Sui-focused ETFs in the US that include staking rewards, which could broaden access and bolster demand. The ETF-related headline appears to have provided a near-term catalyst for buying interest.
Contributing Factors (1)
Canary and Grayscale Launch Sui ETFs With Staking Rewards in the US
Canary, Grayscale Launch First US Sui ETFs With Staking Rewards The post Canary and Grayscale Launch Sui ETFs With Staking Rewards in the US appeared first on Cryptonews.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.