On August 19, trading platform Robinhood officially launched spot trading for Sui (SUI), the native token of the Sui blockchain, making it available to millions of U.S. and European customers.
With this addition, the number of cryptocurrencies available for spot trading on Robinhood’s U.S. platform now exceeds 30 tokens. The company also signaled that it may introduce a staking feature for SUI in Q2 2026, broadening investment opportunities for its users.
How the listing unfolded
The move came after speculation earlier this month when a blog post about SUI was accidentally published on August 12 before being quickly removed. The premature leak fueled trading chatter and temporarily pushed SUI’s price to $3.74.
For liquidity support, crypto trading platform partnered with Bitstamp, ensuring smoother transactions for SUI traders.
At launch, SUI traded around $3.43, marking a 5.5% decline in 24 hours amid a broader altcoin market correction. Still, the price action underscores how sensitive markets remain to listing news.
$SUI is now available to trade on Robinhood. pic.twitter.com/e3mz5fOaE0
— Robinhood (@RobinhoodApp) August 19, 2025
Robinhood doubles down on crypto business
The listing highlights Robinhood’s accelerating push into crypto. In Q1 2025, the company reported $927 million in crypto-related revenue. Earlier this month, on August 7, Robinhood also listed FLOKI and ONDO tokens, further diversifying its offerings.
SUI ecosystem growth signals strong momentum
The SUI ecosystem itself is showing rapid growth:
Total value locked (TVL): $1.76 billion
Circulating market cap: $9.44 billion (up 31% quarter-over-quarter)
Institutional interest rising, with firms like 21 Capital and Canary Capital applying for SUI ETFs
With Robinhood improving retail access and institutions building infrastructure, SUI is positioning itself as a major contender in the Layer-1 blockchain race.
