Sui (SUI) is seeing strong momentum, with significant gains as a result. The price climbed by around 4% to approximately $3.82 after two Swiss banks announced they would be partnering with the cryptocurrency. This marks a major turning point for the financial world: a young layer-1 blockchain receiving recognition within traditionally regulated financial institutions. But what exactly does this move mean, and how has it impacted the price of SUI? Time to dive deeper into the opportunities and this unique development.

Banks embrace SUI: traditional finance and crypto converge

In Switzerland, two banks — Sygnum and Amina Bank — have simultaneously opened their doors to Sui. Sygnum, known as a digital asset bank, now allows institutional clients to securely store, trade, and even borrow using SUI as collateral. Amina Bank claims to be the first regulated bank in the world to offer both custody and trading of Sui. This marks a crucial moment for the cryptocurrency, as Swiss banks are known for their stability, reliability, and innovative approach to finance. The adoption of SUI by these traditional financial players signals a shift toward the mainstream acceptance of digital assets.

This is a serious boost for Sui: in just one week, the token gained an institutional “stamp” of credibility. For investors and developers alike, it‘s a signal that Sui is more than just speculative—it‘s part of the growing bridge between traditional finance and crypto. Clients can now access the token through familiar, regulated banking channels. This increased liquidity makes SUI much more attractive to invest in.

SUI price reaction: from cautious optimism to active trading

The market responded immediately. The price jumped 4% to $3.82, while trading volume more than doubled to 36.45 million SUI tokens, compared to the recent average of around 14 million. Buyers actively defended the support zone around $3.72–$3.74, suggesting strong buying interest at those levels. On a monthly basis, this brings SUI up about 7%, which may sound modest—but in the context of its smaller market cap, it‘s significant.

How does this fit into Sui‘s long-term strategy?

Sui was developed by former Meta engineers at Mysten Labs, using an innovative “object-based” architecture that enables parallel processing and ultra-fast transactions. This makes it particularly well-suited for real-time payments, DeFi, and tokenising real-world assets. Institutional access via Swiss banks means SUI can now be securely and compliantly integrated into portfolios of pension funds, corporations, and professional investors. Sygnum also plans to offer staking and Lombard loans using SUI as collateral later this year. When major financial players gain access to this kind of asset, the narrative changes: SUI can no longer be dismissed as a “small altcoin” and instead gains real potential as blockchain infrastructure for scalable applications.

What does this mean for you as a (potential) investor?

Greater legitimacy: institutional adoption creates trust, especially when it occurs within regulated banks.

Potential for price stability: steady support zones and higher volumes indicate serious demand—not just speculation.

Future functionality: features like staking and crypto-backed loans offer more than just price speculation.

Still, caution is advised: SUI is young and volatile. This price surge shows how sensitive the token is to news and how quickly market sentiment can shift.

Conclusion

Swiss banks have moved Sui out of the altcoin shadows and into the institutional spotlight. Thanks to Sygnum and Amina Bank, SUI can now be legally traded, stored, and even used as collateral — a first that‘s clearly reflected in the price. With strong fundamentals, growing interest from institutions, and upcoming features like staking and lending, SUI appears ready to enter a new growth phase. Learn more about Sui (SUI) here. 

Disclaimer: This article does not constitute financial advice. Always do your own research and consult a professional if needed.