SUI jumped 16% after Trump-affiliated DeFi protocol WLFI added it to its strategic reserve. Learn about the deal and its impact on the crypto market
Author: Tanishq Bodh
The native token of Sui (SUI), a layer-1 blockchain, saw a 16% price surge following a strategic reserve deal with World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol affiliated with Donald Trump.
As part of the agreement, WLFI will add SUI to its digital asset holdings alongside wrapped Bitcoin (wBTC), Ethereum (ETH), Tron (TRX), Chainlink (LINK), MOVE, and ONDO tokens. The partnership also opens the door for potential product development collaborations between the two entities.
“We chose Sui for its American-born innovation combined with impressive scale and adoption,” said Zak Folkman, co-founder of WLFI. He emphasized that as WLFI continues to expand its DeFi asset portfolio, collaborating with Sui was an obvious choice.
The Trump connection has sparked intense debate within the crypto community, with some viewing it as a bullish catalyst for SUI and others raising concerns about regulatory scrutiny.
SUI’s double-digit price jump reflects increased investor confidence following the news, marking another example of how institutional interest and high-profile affiliations can influence blockchain project valuations.
If you hold SUI or are considering investing, this partnership signals potential institutional backing and increased DeFi integration. However, given the political associations, investors should remain vigilant about potential regulatory risks that could impact WLFI and its strategic reserves. As always, conducting thorough due diligence is key before making investment decisions.
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