Solana Rival Sui’s Ecosystem Tokens Surge Following Listing on Upbit and Binance

Sui ecosystem tokens DEEP and SUI experienced significant price increases following the listing of DeepBook’s native token, DEEP, on Upbit, South Korea’s top exchange. DEEP gained over 56% in the past 24 hours, while SUI climbed by around 28%. This impressive performance is attributed to both the Upbit listing and Binance’s introduction of DEEP/USDT perpetual contracts with up to 50x leverage. DeepBook v3.1, a significant upgrade on the Sui blockchain featuring enhanced liquidity pools and reduced fees, has likely fueled this surge in interest. The listing on these major exchanges marks a crucial step for DeepBook and is expected to further attract investors to the Sui ecosystem.