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SUI spikes 50% amid staking moves, zero-fee stablecoins, privacy push

CoinTelegraph·May 11Read the full story →

Hex37's read

  • SUI price surged 50% following recent network announcements.
  • Mysten Labs plans to introduce zero-fee stablecoin transfers on Sui.
  • The team is prioritizing the integration of private transaction features.

What it means for traders

  • Bullish momentum is strong; watch for consolidation before potential continuation.
  • Zero-fee stablecoin utility could drive significant network adoption and TVL growth.

Affected markets

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