In September 2025, the Mysten Labs team, developers of the Sui blockchain, met with the SEC to discuss regulatory issues. This meeting may significantly influence the value of SUI.
Discussion with SEC
On September 9, 2025, Mysten Labs met with the SEC Crypto Task Force to discuss the regulatory positioning of SUI in relation to pending ETF applications. Key figures like Evan Cheng and Adeniyi Abiodun highlighted Sui's utility-focused approach.
SUI Market and Investor Interest
Following the meeting, SUI's price increased by 7%, indicating heightened investor interest. Trading volume surged by over 13% within 24 hours, reflecting growing engagement with the SUI market.
SUI Prospects Post-Meeting
Analysts suggest positive ETF decisions could drive SUI's price towards $7.5. The meeting with the SEC may provoke outcomes similar to past approvals for bitcoin and ethereum. SUI may position itself as an investment-grade asset for institutional investors.
The meeting between Mysten Labs and the SEC may open new horizons for SUI, reinforcing growing investor interest and the potential impact of regulatory changes on asset pricing.
