cryptopolitan.com
$SUI once again gained attention as the next potential L1 token to be added to Robinhood. $SUI rose rapidly after a blog outlining its addition to the investment platform was posted and deleted.
$SUI may be among the next round of expansion for the Robinhood investment platform. A briefly published blog, taken down within minutes, hinted at a potential upcoming listing. The blog announced the official listing of $SUI, made available for millions of Robinhood users. The consideration of $SUI for listing is seen as a sign of adoption for the L1 network. Following the news, $SUI rallied to $3.74 after a recent daily low.
The blog focused on the potential of $SUI to reach out to Robinhood’s US traders. $SUI is considered one of the top ‘Made in USA’ crypto tokens, with a growing L1 network. The $SUI team also recalled that 21 Capital and Canary Capital have filed $SUI ETF forms, awaiting the decision of the US SEC in the coming months.
The addition of $SUI follows the recent addition of an ONDO landing page, as Cryptopolitan reported. Robinhood has attempted to tap promising projects, especially those targeting tokenization and other types of Web3 utility.
$SUI is seen as ready for a breakout
Even outside the news of a Robinhood listing and new inflows, $SUI has been tracked for a potential breakout.
Despite the optimism, $SUI has been volatile in 2025, still trading under its levels from January. $SUI open interest is back down to $931M, down from over $1.34B in July. Over 79% of $SUI positions are long, potentially creating the conditions for a downward correction to cause liquidations.
On Hyperliquid, $SUI is mostly balanced, with 11 whales shorting the asset and nine going long. On Binance, accumulated liquidity at around $3.80 may cause a climb due to a short squeeze.
Grayscale also focuses on the $SUI ecosystem
Grayscale has extended beyond its native $SUI trust, adding assets from the $SUI ecosystem. Grayscale has launched new products based on Deep Book and Walrus Protocol, two of the new DeFi and Web3 protocols on $SUI.
Grayscale is doubling down on the Sui ecosystem 🧱
Now launching:
🦭 Walrus Trust – @WalrusProtocol, the data layer for Web3.
📘 DeepBook Trust – @DeepBookonSui, Sui’s native CLOB liquidity for DeFiTwo core parts of the Sui stack.
One fullstack, institutional-grade platform. https://t.co/eEp2EirFKa— Sui (@SuiNetwork) August 12, 2025
Investors will gain exposure to the DEEP and WAL tokens, tapping into the innovation of the $SUI ecosystem.
‘Grayscale DeepBook Trust and Grayscale Walrus Trust offer investors exposure to two key protocols driving innovation within the Sui ecosystem,’ said Rayhaneh Sharif-Askary, head of product and research at Grayscale. ‘DeepBook and Walrus provide infrastructure designed for high-performance on-chain liquidity and data, helping power the next wave of scalable, real-world blockchain applications.’
The trusts will be open to daily subscriptions from eligible individuals and accredited investors> Grayscale has also reiterated the readiness of the $SUI chain to carry institutional-grade activity.
The $SUI ecosystem has been gaining speed due to the growth of DeFi. $SUI now carries over $2B in total value locked, near its all-time peak.
$SUI produces around $45K in daily fees, excluding its top apps. The network also carries $881M in stablecoin liquidity. For now, $SUI is mostly isolated from other chains, with relatively low netflows. The network now depends on the performance of the Suilend Protocol, also getting a boost from the relaunch of the Cetus DEX following its hack in May.