Swiss Banks Don Introduce Regulated SUI Custody & Trading Services
Swiss banks Sygnum and Amina don drop regulated custody, trading plus lending services for SUI coin make professional investors fit use am. Sygnum don allow clients to hold, trade and borrow against SUI under Swiss financial rules, meanwhile Amina talk say dem be first regulated bank for worldwide to back SUI native token. The announcements double daily trading volume reach 36.45 million SUI and boost the price by 4% to $3.82, traders defend important support near $3.73. Mysten Labs develop Sui network, e dey use 'objects' data model for fast and cheap transaction. The better access for institutions through Swiss banks show say confidence for SUI dey increase and e fit push both short-term momentum plus long term on-chain and enterprise adoption.
Bullish
The launch of regulated SUI custody, trading and lending services by Sygnum and Amina na clear bullish catalyst. For short term, the trading volume double and price go up 4% show say liquidity dey increase and traders get positive vibe around $3.73 support zone. For long term, institutional access through regulated banks fit bring steady inflows, boost on-chain activity and attract enterprise use cases. The better credibility and infrastructure wey back SUI go help support ongoing price rise and deeper market participation.