Sui and XRP are among the major cryptocurrencies that have shown notable increases in the past week and 24 hours, with Sui surging by 27% and XRP rising by 4%.
The uptick follows the launch of Grayscale Trust products, including Grayscale XRP Trust and Grayscale Sui Trust.
Ripple plans to bring advanced programmability and smart contract capability to the XRPL, expanding its use cases beyond payment processing and currency exchanges.
However, as of now, the XRPL does not have native smart contract capabilities, but Ripple is actively developing solutions to enhance its programmability.