The post SUI Gains Ground on XRP as Institutional Backing Soars in Web3 Space appeared on BitcoinEthereumNews.com.

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…

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Filed under: News - @ May 21, 2025 10:26 pm