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Daily Brief

Sui's Big 2025

gm Bankless Nation, SUI is up 245% this past year. What's happening on the L1 besides enviable price action?
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Jan 14, 20252 min read
Sui's Big 2025
Published on Jan 14, 2025
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Sponsor: Uniswap Labs — Uniswap Labs launched a $15.5 million bug bounty to help secure V4.

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NEED TO KNOW
Sony Slips Up?
  1. 😵 Sony's Soneium Attracts Scandal Over Memecoin Bans. Soneium attracted ire on Day 1 by blacklisting memecoins that referenced Sony IP.
  2. 💰 JPMorgan Sees $6B Solana ETF Opportunity. JPM analysts see between $3B and $6B in first-year volume for Solana's still yet-to-be-approved spot ETF.
  3. 💸 Gary Gensler Sees Value in BTC. In an interview on CNBC, the outgoing SEC chair said, "Just like we had gold for 10,000 years, we have Bitcoin."
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Daily Market Snapshot: The majors saw a big leg up on Tuesday, which brought them back from monthly lows toward being flat week-over-week. Meanwhile, AI Agent tokens saw big gains as they sought to punch out from their January dry spell.
Prices as of 8pm ET 24hr 7d
Crypto $3.38T ↗ 3.1% ↘ 0.3%
BTC $97,165 ↗ 2.6% ↗ 0.2%
ETH $3,229 ↗ 3.1% ↘ 4.8%
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ANALYSIS
What’s Next for Sui in 2025
Bankless Author: David C.

Sui has been one of the most talked-about L1s this cycle, garnering excitement over its roadmap plans and earning traction that has helped it pull ahead during a stormy time for prices.

Even when compared to other Move-based chains, Sui has had a stellar season as it has built out a robust foundation for its ecosystem that looks primed for future growth in 2025, with a series of major launches coming this quarter.

Let’s investigate these catalysts coming to Sui soon, ones that aim to bolster its DeFi suite, drive liquidity, expand its user base, and unlock support for new applications. 👇


FRIEND & SPONSOR: UNISWAP

Uniswap Labs is offering the largest bug bounty ever: $15.5M for critical bugs in Uniswap v4! Built with community contributions and rigorously audited, v4 will be one of the most audited codebases ever to be deployed onchain, and continues Uniswap’s commitment to security.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.