The US branch of Binance, the world's largest cryptocurrency exchange, said in a post on its Binance US X account that they are evaluating SUI and may list it soon.
SUI is currently listed on Binance.
“Binance US is currently evaluating SUI and it may be listed on our platform soon.
We have updated our digital asset listing process to proactively announce specific assets being considered for listing.
Binance US is pleased to announce an update to our cryptocurrency listing process.
To facilitate the addition of new digital assets to our platform, we will proactively announce specific assets being considered for listing.
When we decide to proactively announce a listing under consideration, we consider a variety of factors, including market demand, estimated trading volume and liquidity, the regulatory landscape in the United States, levels of community engagement, and more.
Binance.US is currently evaluating Sui (SUI), which may be listed on our platform soon. “
Following the news, the SUI price rose and reached up to $0.418.
*This is not investment advice.