<ul data-eligibleForWebStory="false"><li>SUI surged past $3 following Lion Group Holding Ltd.'s announcement of including $600 million worth of SUI in their crypto treasury, resulting in a 15% weekly gain.</li><li>SUI is viewed as a serious competitor to Solana in the Layer-1 blockchain space, backed by a 54% growth in developer activity over two years according to Electric Capital.</li><li>Although SUI faced a minor setback with a 5% drop in the last 24 hours, it remains up for the week with strong institutional interest and bullish sentiment from traders.</li><li>Investors in SUI should monitor upcoming token unlocks, as $119 million worth of tokens are scheduled to be unlocked, constituting 56% of all scheduled token unlocks across various projects next week.</li></ul>

Sui Briefly Surges Past $3 as Lion Group’s $600M Treasury Bet Ignites 10% Weekly Rally

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