Sui, a leading cryptocurrency, has surged 6% in the past week due to increased capital flows from recent listings. The object-centric Layer-1 blockchain allows developers to build secure, scalable applications, making Sui a long-term winner in Web3. Investors see potential for growth in Sui as it outperforms other tokens.

Two key catalysts have contributed to Sui’s recent success. Coinbase listing Sui on its platform and the approval of a 2x leveraged Sui ETF for trading have boosted investor interest. These developments may pave the way for reduced volatility in the future and attract more speculators to Sui.

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Read more at Nasdaq: Sui Surged 6% This Past Week. Here Are the 2 Key Catalysts That Drove This Move.