Sui Gets Boost as Utila Unlocks Institutional Features

Through this integration, Utila provides a number of strategic features to support institutional financial activities on Sui. Treasury management can now be done for SUI tokens and other assets in the Sui ecosystem.

All transactions are run with the Multi-Party Computation (MPC) system, ensuring that security is at the enterprise level. This is not just a complementary feature, but a real need when managing large amounts of funds.

Furthermore, Utila also embeds a policy system that can be customized to the unique characteristics of . Not a generic template, but a system that is designed to deal with the complexity of object-based architecture. Users can also directly stake SUI tokens to support network security, while earning returns.

And if you think staking and DeFi are only suitable for retail users, institutions now have their own toll road. Utila provides APIs and programmatic co-signers that enable automated and secure interactions with the Sui network. Even direct integration with centralized exchanges (CEX) is also provided for deposits, withdrawals, and balance tracking—all in one user-friendly dashboard.

Climbing the Ranks: Sui Overtakes Tron in Daily Activity

Utilas timing in supporting Sui is quite right. Not long ago, Sui managed to surpass Tron in terms of the number of daily active addresses, reaching 2.46 million from the previous 1.38 million. In contrast, Tron actually experienced a decline to 2.45 million from 2.77 million.

Solana is still at the top with 4.4 million active addresses, although it has also experienced a decline. The competition at the Layer 1 level is indeed getting denser, and Sui is starting to steal the markets attention.

However, Sui does not only rely on technical performance. On the other hand, their steps to collaborate with Blockaid to strengthen security cannot be ignored. CNF previously that this collaboration aims to protect wallets, prevent smart contract exploitation, and address off-chain threats and operational errors.

Momentum Builds With ETF Filing and Market Growth

Although the price of is currently trading at about $2.24 and has corrected in the last 24 hours, its market cap has reached around $7.33 billion, making it the 16th largest crypto asset globally. This figure shows that the adoption of Sui is not just a matter of hype.

Signals from institutional investors are also starting to appear. As we previously , Canary Capital Group has filed an ETF directly linked to the spot price of Sui with the US Securities and Exchange Commission (SEC). This is their sixth crypto ETF filing, indicating their belief that Sui has the potential to compete in the long term.