CoinTrade, SUI, and IOTX: What's the Buzz?

CoinTrade lists SUI and IOTX, SUI's on-chain activity surges, and institutions are taking notice. What does it all mean for the future of Web3?

CoinTrade, SUI, and IOTX: What's the Buzz?

Heads up, crypto enthusiasts! CoinTrade is expanding its horizons by listing SUI and IOTX, and the on-chain data is looking mighty fine. SUI's proving its value, and institutions are paying attention. Let's dive into the deets.

CoinTrade Adds SUI and IOTX

CoinTrade has officially listed SUI (Sui) and IOTX (IoTeX) on September 24, 2025. This means you can now trade these cryptos with JPY. Plus, they're available for CoinTrade's stacking feature. What's the big deal about these coins?

• SUI: A Layer 1 blockchain known for its speed and low transaction costs. It's used for DeFi, NFTs, and gaming apps.
• IOTX: A blockchain platform tailored for IoT devices, ensuring secure data recording and utilization.

SUI's On-Chain Activity is Booming

While SUI might be lagging behind some of its Layer 1 peers in price recovery, its on-chain activity tells a different story. The network is processing 4.5 million daily transactions with 927k daily active addresses. That’s almost three times Ethereum's activity! People are actually using SUI, not just hodling.

Institutional Appetite is Growing

SUI Group Holdings (SUIG) has been aggressively accumulating SUI, holding a whopping 101 million SUI. In the last 30 days, they've added 19 million SUI, nearly 27 times faster than Ethereum accumulation by BitMine! This shows serious institutional interest in SUI's potential.

Is SUI Undervalued?

Compared to other high-cap Layer 1s, SUI appears undervalued. Despite a recent stock buyback program by SUIG, the market demand hasn't fully caught up. However, the combination of strong on-chain engagement and increasing institutional interest suggests that SUI is positioning itself as a key player in the Web3 transformation.

Final Thoughts

CoinTrade's listing of SUI and IOTX is just the beginning. With SUI's impressive on-chain activity and growing institutional backing, it's definitely one to watch. So, keep your eyes peeled, folks! The future of Web3 might just be brighter than we thought.