Sui Network's native token, $SUI, has experienced a notable surge, rising 53% in price over the past week to reach $4.17 amid anticipation of an exchange-traded fund (ETF) and increased scrutiny by the U.S. Securities and Exchange Commission (SEC), which has driven higher institutional demand. The decentralized exchange (DEX) volume for $SUI has increased by 890% year-over-year, reaching $388.52 million compared to $43.65 million the previous year. Additionally, $210 million worth of $SUI tokens are set to be unlocked in August, indicating growth within the ecosystem. A key development is the $450 million private placement completed by Mill City Ventures III, a Nasdaq-listed specialty finance company, which has acquired 76.3 million $SUI tokens to establish the first public corporate treasury strategy centered on Sui. This move, supported by the Sui Foundation and backed by institutional investors including London-based hedge fund Karatage, marks Mill City as the first public firm to adopt a SUI-native reserve model. The total value locked (TVL) in the Sui ecosystem has reached an all-time high of $2.28 billion, with open interest at $2.6 billion. Mill City Ventures' listing on Nasdaq brings public market access to the Sui Network ecosystem, signaling growing institutional interest and integration of traditional finance with the blockchain platform.