In 2026, Sui ushered in a new beginning with a weekly increase of over 30%. While many Layer 1 blockchains are still competing over TPS and the number of applications, Sui has embarked on a completely different path—heading towards the halls of Wall Street institutional capital. The world's largest crypto asset management firms, Grayscale and Bitwise, have successively submitted Sui spot ETF applications to the US SEC, which means the SUI token is about to be evaluated alongside BTC and ETH for inclusion in institutional investment portfolios.
But behind this glamorous narrative of "Silicon Valley tech prodigy transforming into Wall Street's new star," Sui is also facing unprecedented challenges—when the gates of capital open, can it maintain the trust foundation of its ecosystem?
Data Testimony: Sui's Exponential Transformation
Since the mainnet launched in May 2023, Sui's development trajectory has not been linear but has exploded.