Categories: Ripple

SUI Gains Ground on XRP as Institutional Backing Soars in Web3 Space


  • SUI has attracted significant institutional attention, with over $21 million in inflows during May, making it as one of the top-performing altcoins, second only to Ethereum.
  • Unlike XRP, which focuses on payment and remittance solutions, SUI prioritizes scaling decentralized applications, appealing to institutions aligned with DeFi and Web3 trends.

SUI, the native cryptocurrency of the Layer-1 Sui blockchain, has been on investors’ radar recently while overtaking giants like XRP in terms of growth and demand. The big thing is that SUI has now grabbed the attention of institutional players, which could mark a huge shift in the altcoin’s long-term trajectory.

SUI Institutional Demand on the Rise

As reported in our last news piece, more than $21 million has flown into SUI cryptocurrency so far in May, showing heightened institutional interest. This positions SUI as one of the top-performing altcoins, second only to Ethereum in terms of institutional demand.

On the other hand, XRP, which has become institutions’ darling following positive developments in the Ripple lawsuit, managed to attract only $8.6 million in inflows during this period, as per the latest fund flow data from CoinShares. This trend signals a potential shift in focus among institutional investors, who are increasingly drawn to SUI’s scalability and emphasis on the Web3 ecosystem.

SUI’s growing appeal is due to its alignment with emerging trends in decentralized finance (DeFi) and blockchain-based applications, making it a strong contender in the evolving market landscape.

Source: CoinShares

SUI’s rising institutional inflows underscore a shift toward blockchain projects that prioritize advanced functionalities beyond financial transactions. While XRP continues to secure institutional support, with $263 million in backing for 2025, it has struggled to match SUI’s recent momentum.

SUI’s superior scalability for decentralized applications (dApps) gives it an edge, appealing to institutions aiming to align with evolving trends in blockchain technology and decentralized ecosystems. Unlike XRP, which primarily targets payment and remittance solutions, SUI emphasizes scaling decentralized application (dApp) ecosystems—an increasingly attractive feature for institutions venturing into the Web3 landscape.

On the other hand, CME XRP futures ETF debuted on Monday, with strong Day 1 trading volumes crossing around $5.6 million. This makes the Ripple altcoin more accessible to a large number of investors.

Will the Price Rally Continue?

Over the past month, the SUI price has staged 70% gains, making it one of the top-performing altcoins in the crypto market. However, the cryptocurrency has been facing stiff resistance at $4.0. Crypto analyst AltCryptoJems has expressed bullish sentiments about SUI, describing it as a “beast” that continues to push higher.

Source: Alt Crypto Jems

The analyst noted that the cryptocurrency is currently experiencing a period of consolidation, resembling a bull flag pattern. “If history has to rhyme with the past, the next leg up is loading!” AltCryptoJems stated, highlighting the potential for further upward momentum.


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Leah Fraser

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