Can Sui Price Reach $2 As Grayscale’s SUI Trust Opens for Accredited Investors?

Sui price is on a tear, gaining 13.1% in the last 24 hours and becoming the largest gainer in the top 100 coins on CoinGecko. The reason for the surge in price could be tied to an announcement from Grayscale regarding launching Sui Trust. As one of the leading asset management firms, Grayscale’s move signals increasing institutional interest in the Sui blockchain, driving curiosity around its potential impact on Sui’s token price.