Crypto:
36635
Bitcoin:
$92.453
% 0.82
BTC Dominance:
%58.7
% 0.13
Market Cap:
$3.14 T
% 1.16
Fear & Greed:
28 / 100
Bitcoin:
$ 92.453
BTC Dominance:
% 58.7
Market Cap:
$3.14 T

Robinhood US Officially Lists SUI Token!

Robinhood

Robinhood platform has officially opened access to SUI token, developed by the high-performance Layer-1 blockchain network Mysten Labs, for its users. This listing marks a significant milestone for the SUI ecosystem, enabling Robinhood’s 25 million users to directly access the token.

Previous Early Announcement

Previously, a blog post announcing SUI’s listing on Robinhood was briefly published and then removed. This was likely an early release of a press draft. However, with the official listing now confirmed, SUI is fully accessible to users, allowing investors to trade the token on the platform.

SUI Token Market Performance and Institutional Interest

Following the listing, SUI rose to $3.63, showing a daily increase of approximately 1%. The token has gained strong momentum in recent months, attracting significant interest from institutional investors. A $450 million investment by Mill City Ventures has further supported SUI’s market value and credibility. These developments are expected to enhance the token’s adoption in DeFi, gaming, and NFT ecosystems.

Robinhood Crypto Expansion Strategy

The official listing of SUI is part of Robinhood’s broader crypto expansion strategy. The platform previously listed tokens such as FLOKI and ONDO, offering users diverse investment opportunities. Robinhood’s acquisitions of Bitstamp and WonderFi have strengthened its infrastructure, providing room for innovative projects like SUI.

Growth Within the SUI Ecosystem

The total value locked (TVL) on the SUI blockchain stands at $2.093 billion. Additionally, indicators such as 1.28 million new accounts created within just 24 hours highlight the token’s technical infrastructure and its competitive potential against rivals like Ethereum and Solana.

With Robinhood users now having direct access to SUI, token adoption and market activity are likely to increase. This official listing marks the beginning of a new growth phase for both the platform and the token.

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