The post Robinhood Lists SUI for Spot Trading, Token Price Jumps appeared first on Coinpedia Fintech News
On August 19, the popular U.S. trading app Robinhood announced the listing of SUI spot trading, making the token more accessible to millions of users. The news quickly boosted excitement in the market, pushing SUI’s price up by nearly 1.7% in just 24 hours, showing how quickly the market reacts to big exchange announcements.
Robinhood Lists SUI Token
Robinhood has officially added SUI spot trading to its platform, giving more traders access to the token. SUI is the native coin of the Sui blockchain, a Layer-1 network created by Mysten Labs.
This move makes SUI available to both U.S. and European users, opening the door for millions of new participants. To ensure smooth trading, Robinhood has partnered with Bitstamp for liquidity support.
Robinhood announced the listing of SUI spot trading. SUI is the native token of the Layer-1 Sui blockchain developed by Mysten Labs. Previously, the official SUI blog had published this news in advance but later deleted it.https://t.co/LcvjHL5cd1
Looking ahead, the platform also revealed that staking for SUI could begin as early as Q2 2026, which would allow holders to earn rewards by locking their tokens.
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Robinhood Expands Its Crypto Push
This development also signals Robinhood’s continued push into the crypto market. Over the past year, the trading giant has steadily expanded its digital asset offerings, and adding SUI fits well with its strategy of supporting promising blockchain projects.
For the Sui network, being available on Robinhood could boost liquidity and adoption, as the platform is known for attracting millions of active users.
SUI token price jumped
News of the listing had a direct impact on SUI’s price. Within the last 24 hours, the token jumped by around 1.7% trading around $3.67, showing how quickly the market reacts to big exchange announcements.
Although the gain might seem modest, it highlights growing demand and the positive sentiment among traders.
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FAQs
How did the SUI token price react to the listing news?
The SUI token price jumped by nearly 1.7% in 24 hours after the Robinhood listing announcement.
When could staking for SUI begin on Robinhood?
The platform revealed that staking for SUI could begin as early as Q2 2026.
What is Robinhood’s strategy in listing SUI?
The listing of SUI fits with Robinhood’s strategy of expanding its digital asset offerings and supporting promising blockchain projects.