With the first-ever SUI-based ETF filing by Canary Capital and bullish momentum supported by technical indicators, SUI could see a potential 350% price increase by the end of 2025, according to VanEck.
Amid VanEck’s proposal for BTC bonds for U.S. debt refinancing, Bitcoin continues its upward trend, currently trading near $93,825 with notable weekly gains of over 11%.
According to the recent Crypto News Flash (CNF) coverage on VanEck, the investment giant launched a SUI-based financial product. Now, VanEck sees SUI price exploding 350% with the ETF catalyst.
According to the reports, SUI has staged an impressive comeback following a challenging start to the year. In the past week alone, the token surged by nearly 25%, climbing from $1.86 to approximately $2.32. This resurgence is not just a fleeting moment; several indicators suggest that SUI could be on the cusp of a significant breakout.
Institutional Interest and ETF Developments
Furthermore, a major catalyst for SUI’s