SUI development: Xportal MasterCard release, ETF application, TVL milestone
On April 24, 2025, Sui Network partnered with Xportal to launch Sui-brand brand’s virtual Mastercard, allowing SUI spending and NFT access through the Xportal App. Canary Capital has applied to the US SEC for the first SUI-based ETF under review. The total value of SUI blockchain locks reached $1.645 billion, with DEX trading volume of $577 million over the past week. Stablecoins on the SUI network grew 82% in two months, totaling $879 million.