Around 14 million SUI have flowed into US ETFs over five weeks. Amid weakening demand for Bitcoin and Ethereum exchange-traded funds, US-listed SUI ETFs are moving in the opposite direction. The funds have recorded five consecutive weeks of inflows. Fresh Catalysts The funds have accumulated around 14 million SUI during that period. Several developments are adding to the momentum, according to the latest findings by Ali Martinez. These include AI agent payments, mobile USDC, Bitcoin finance, and cross-chain transfers, which are strengthening the network’s outlook. With these catalysts gaining attention, the analyst said that “SUI appears to be preparing for its next leg higher.” This week, the SuperTrend indicator also flashed a buy signal on its 4-hour chart. The last time a similar signal appeared, SUI rallied over 77%. Last week had a lot going on for Sui. One of the biggest highlights came at Basecamp, where the network reportedly handled over 40 million transactions per second during a live stress test, which is more than six times its previous record. The test simulated AI-agent activity using over 10,000 programmable tunnels, with transactions settled on Sui. Sui also announ...
SUI Demand Explodes as US ETFs Rack Up Five Straight Weeks of Inflows
2 weeks ago
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