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Cryptopolitan 2025-08-12 15:10:53

SUI spikes on Robinhood listing rumors as ecosystem growth accelerates

SUI once again gained attention as the next potential L1 token to be added to Robinhood. SUI rose rapidly after a blog outlining its addition to the investment platform was posted and deleted. SUI may be among the next round of expansion for the Robinhood investment platform. A briefly published blog, taken down within minutes, hinted at a potential upcoming listing. The blog announced the official listing of SUI, made available for millions of Robinhood users. The consideration of SUI for listing is seen as a sign of adoption for the L1 network. Following the news, SUI rallied to $3.74 after a recent daily low. The blog focused on the potential of SUI to reach out to Robinhood’s US traders. SUI is considered one of the top ‘Made in USA’ crypto tokens , with a growing L1 network. The SUI team also recalled that 21 Capital and Canary Capital have filed SUI ETF forms, awaiting the decision of the US SEC in the coming months. The addition of SUI follows the recent addition of an ONDO landing page, as Cryptopolitan reported. Robinhood has attempted to tap promising projects, especially those targeting tokenization and other types of Web3 utility. SUI is seen as ready for a breakout Even outside the news of a Robinhood listing and new inflows, SUI has been tracked for a potential breakout. Despite the optimism, SUI has been volatile in 2025, still trading under its levels from January. SUI open interest is back down to $931M, down from over $1.34B in July. Over 79% of SUI positions are long, potentially creating the conditions for a downward correction to cause liquidations. On Hyperliquid, SUI is mostly balanced, with 11 whales shorting the asset and nine going long. On Binance, accumulated liquidity at around $3.80 may cause a climb due to a short squeeze. Grayscale also focuses on the SUI ecosystem Grayscale has extended beyond its native SUI trust, adding assets from the SUI ecosystem. Grayscale has launched new products based on Deep Book and Walrus Protocol, two of the new DeFi and Web3 protocols on SUI. Grayscale is doubling down on the Sui ecosystem 🧱 Now launching: 🦭 Walrus Trust – @WalrusProtocol , the data layer for Web3. 📘 DeepBook Trust – @DeepBookonSui , Sui’s native CLOB liquidity for DeFi Two core parts of the Sui stack. One fullstack, institutional-grade platform. https://t.co/eEp2EirFKa — Sui (@SuiNetwork) August 12, 2025 Investors will gain exposure to the DEEP and WAL tokens, tapping into the innovation of the SUI ecosystem. ‘ Grayscale DeepBook Trust and Grayscale Walrus Trust offer investors exposure to two key protocols driving innovation within the Sui ecosystem, ’ said Rayhaneh Sharif-Askary, head of product and research at Grayscale. ‘ DeepBook and Walrus provide infrastructure designed for high-performance on-chain liquidity and data, helping power the next wave of scalable, real-world blockchain applications. ’ The trusts will be open to daily subscriptions from eligible individuals and accredited investors> Grayscale has also reiterated the readiness of the SUI chain to carry institutional-grade activity. The SUI ecosystem has been gaining speed due to the growth of DeFi. SUI now carries over $2B in total value locked, near its all-time peak. SUI produces around $45K in daily fees, excluding its top apps. The network also carries $881M in stablecoin liquidity. For now, SUI is mostly isolated from other chains, with relatively low netflows. The network now depends on the performance of the Suilend Protocol, also getting a boost from the relaunch of the Cetus DEX following its hack in May. If you're reading this, you’re already ahead. Stay there with our newsletter .

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