{"id":597374,"date":"2026-05-11T06:53:15","date_gmt":"2026-05-11T06:53:15","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/11\/sui-spikes-50-amid-staking-moves-zero-fee-stablecoins-privacy-push\/"},"modified":"2026-05-11T06:53:15","modified_gmt":"2026-05-11T06:53:15","slug":"sui-spikes-50-amid-staking-moves-zero-fee-stablecoins-privacy-push","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/11\/sui-spikes-50-amid-staking-moves-zero-fee-stablecoins-privacy-push\/","title":{"rendered":"SUI spikes 50% amid staking moves, zero-fee stablecoins, privacy push"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaS1saXF1aWRpdHktaGFzLWRyaXZlbi1kZWZpcy1ncm93dGgtdG8tZGF0ZS1zby13aGF0cy10aGUtZnV0dXJlLW91dGxvb2suanBn.jpg\" alt=\"SUI spikes 50% amid staking moves, zero-fee stablecoins, privacy push\" class=\"type:primaryImage\" \/><\/p>\n<p>Adeniyi Abiodun, co-founder of Mysten Labs, announced at an event in Miami plans for zero-fee stablecoin transfers on Sui and reiterated the ambition to add private transactions. <\/p>\n<p>Sui network\u2019s native token, SUI, has climbed 50% over the past seven days after a Nasdaq-listed company staked a large portion of the token\u2019s supply and developers announced upcoming features, including zero-fee stablecoin transfers and private transactions.\u00a0<\/p>\n<p>SUI traded around $0.94 on May 4 before climbing to $1.41 on Sunday, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/sui\">according<\/a> to CoinGecko. Over the same timeframe, trading volume surged from more than $213 million to over $2.5 billion.\u00a0<\/p>\n<p>Ryan McMillin, co-founder and chief investment officer of Australian crypto investment manager Merkle Tree Capital, told Cointelegraph the rally has likely been driven by multiple reinforcing catalysts.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/sui-price-surges-institutional-staking-zero-fee-stablecoin-transfers\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Adeniyi Abiodun, co-founder of Mysten Labs, announced at an event in Miami plans for zero-fee stablecoin transfers on Sui and reiterated the ambition to add private transactions. Sui network\u2019s native token, SUI, has climbed 50% over the past seven days after a Nasdaq-listed company staked a large portion of the token\u2019s supply and developers announced [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":597375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-597374","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/597374","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=597374"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/597374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/597375"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=597374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=597374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=597374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}