SUI token jumps 31% as Nasdaq-listed SUI Group stakes 108.7M tokens, tightening supply and boosting futures interest.

SUI token surged about 31% to $1.40 after Nasdaq-listed SUI Group moved 108.7 million SUI tokens, roughly 2.7% of circulating supply, into staking. This reduced the available trading float, which was already about 74% locked, creating a supply shock that pushed open interest in SUI futures from $450 million to over $620 million. Veteran trader Peter Brandt called this a "major bottom," predicting a substantial price rise. The combination of heavy staking, futures market activity, and a $3 million incentive program has positioned SUI as a high-potential crypto asset for the next market rally.