Sui cryptocurrency demonstrated a significant 14% price increase following news about a possible exchange-traded fund (ETF). Meanwhile, the WeWake project is implementing innovations in the presale token segment, making them accessible without wallets and gas fees.
Sui Price Surge Amid ETF News
Sui's price increased by 14% in the last 24 hours, reaching $4.26 after breaking out of a multi-week range. The breakout above the $4.20 level led to higher trading volumes, especially after the U.S. Securities and Exchange Commission acknowledged an ETF filing. Although the ETF has not been approved yet, this news triggered a sharp rise in price and trading volume. The 24-hour trading volume for Sui rose by 146%, reaching $2.25 billion. Analysts observed that the asset broke out of a consolidation phase and formed a bullish structure.
WeWake Offers Wallet-Free Access to Presale Tokens
Simultaneously, WeWake is promoting a new approach to presale tokens by offering walletless access without the need for gas fees. Users can access Web3 features using Google or Telegram logins. WeWake utilizes zk-rollup technology and ERC-4337 smart contracts. This combination facilitates fast and low-cost transactions. The ecosystem targets a broad user base, including DeFi and NFT applications.
WAKE Tokenomics and Development Timeline
The WeWake ecosystem is powered by its WAKE token, which plays a crucial role in the presale token sector. A total of 308,726,951 tokens will be issued, with 32% allocated for presale. Token holders will be able to participate in governance, earn staking rewards, and access early integrations. WeWake's roadmap includes beginning product development in Q4 2025, with a public testnet expected in Q1 2026.
Thus, Sui is showing positive trends amidst ETF news, while WeWake offers innovative solutions to simplify access to crypto tokens, potentially changing the presale market.
