The price of the SUI token surged by over 9% after Ledger, a leading crypto hardware wallet provider, officially announced its expanded support for SUI and its ecosystem tokens.
The new integration allows users to manage and self-custody their SUI tokens and those within the Sui ecological network directly through Ledger devices.
The upgrade brings added security and convenience for users, aligning with the broader DeFi narrative that prioritizes asset sovereignty.
As the Sui ecosystem continues to grow, Ledger’s involvement provides a significant layer of infrastructure and trust, attracting both retail and institutional participants seeking safe asset management solutions.
Enhanced User Experience with Clear Signing and Functional Access
The collaboration between Ledger and Sui introduces a range of advanced features to improve user interaction with the ecosystem.
Key among these is Clear Signing, a function that allows users to view and verify transaction details before signing, significantly reducing risks of fraud or phishing.
Additionally, the update offers more seamless access to Sui’s decentralized applications and financial tools, positioning Ledger as a secure gateway to the expanding Sui ecosystem.
Enhanced functionality, combined with Ledger’s well-established reputation in crypto asset security, positions this move as a long-term win for Sui holders looking for autonomy and safer transaction execution.
Also Read: Blockaid Partners With Sui Foundation To Secure Sui Wallets And Ecosystem
Strategic Partnership Signals Long-Term Growth for Sui Ecosystem
Ledger has stated that it will work closely with the Sui team to continue rolling out new features that improve user accessibility and security.
The strategic partnership is expected to fuel the development of the Sui DeFi ecosystem by enabling users to directly engage with staking, yield farming, and other financial tools without compromising asset control.
The integration aligns with growing user demand for non-custodial solutions that prioritize transparency, security, and ease of use.
As the ecosystem scales, the partnership serves as a foundational step toward building trust, improving infrastructure, and expanding user adoption of Sui-based projects.
Market Reaction and Current Performance Metrics
Following the announcement, SUI’s price rose to $2.16, reflecting a 9.62% increase in just 24 hours.
Despite a 6.80% decline over the past week, today’s spike demonstrates renewed investor confidence driven by Ledger’s support.
With a substantial circulating supply of 3.2 billion tokens, SUI now commands a market capitalization of approximately $7.01 billion, placing it among the larger DeFi-oriented tokens by market cap.
Moreover, a staggering 24-hour trading volume exceeding $2 billion underscores the token’s high liquidity and market interest.
As users flock toward more secure self-custody options, Ledger’s integration is expected to have a lasting positive impact on SUI’s adoption and value proposition.
Also Read: Crypto Analyst Predicts $SUI Rally To $3.25, As Token Slips 6% After A 25% Surge