SUI Price Jumps to $0.75 as Tokenized Credit Expands
The SUI price has broken free from its recent range, reclaiming the $0.75 mark after months of being stuck in a falling channel.
This move comes as several new financial products land on the network, including tokenized access to high-yield corporate bonds and senior secured bank loans through Ember Protocol's HIGH product.
The setup includes daily subscriptions, BNY Mellon custody, and no fund-level leverage or CLO equity, with a limited-time 1% yield boost. KYC is required for minting, which is restricted to non-U.S. persons.
Aftermath Finance also launched Aftermath Perpetuals V2 on mainnet with 15 markets, including BTC, ETH, and SUI. However, the SUI price still faces one major resistance at $1.00 near the 200-day EMA, which will determine whether this is a recovery or simply another bounce.