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$SUI
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News from Coin界, SUI is up by approximately 31% over the last 24 hours, with a transaction price of around 1.40 US dollars, making it one of the top ten cryptocurrencies with the largest gains by market capitalization. The rally was driven by SUI Group, which is listed on Nasdaq, transferring 108.7 million SUI into staking, further tightening around 74% of the locked supply and boosting open interest to more than 620 million US dollars. SUI Group disclosed on May 7 that “almost all” of the 108.7 million SUI it holds has been moved into direct staking, representing about 2.7% of the circulating supply. According to Coinpedia research, nearly 74% of the total SUI supply has been staked, meaning only a small amount of liquidity remains tradable.
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