Key takeaways from the meeting include Mysten Labs engaging directly with the SEC’s Crypto Task Force in September 2025 regarding SUI’s regulatory landscape. This dialogue aimed to shape the evaluation of pending SUI ETF applications. The meeting, which included key figures like Evan Cheng and Adeniyi Abiodun, emphasized Sui’s focus on real-world utility rather than speculative investment potential. SUI prices surged by 7% in response, indicating increased investor anticipation and a rise in trading volume. This event has sparked significant interest in the SUI market, which now boasts a market cap exceeding $12.6 billion. While this meeting focuses on the SUI ecosystem, precedents suggest that similar ETF approvals for Bitcoin and Ethereum have bolstered their prices and liquidity. Industry analysts project SUI’s price to potentially reach $7.5, leveraging current trends and regulatory developments. The SEC’s evolving stance on more nuanced utility-based frameworks is being influenced by direct industry input from Mysten Labs.