Layer 1 blockchain Sui’s native token SUI jumped greater than 14% over the previous 24 hours, sharply outperforming bitcoin and ether , as merchants seized on hypothesis that the layer 1 blockchain might in the future assist privacy-preserving transactions.
The transfer stood out in an in any other case subdued market. Bitcoin rose about 1% over the identical interval, whereas ether gained roughly 1.2%, leaving SUI because the strongest large-cap performers of the day. This divergence factors to a token-specific catalyst fairly than a broad risk-on transfer.
Analysis-led rally
Sui’s rally is probably going rooted in analysis, not a product launch. A current paper co-authored by Mysten Labs, which is the core creator and developer of the Sui blockchain, outlined how fashionable blockchains can incorporate privateness options with out absolutely adopting the design of legacy privateness cash.
The paper, structured as a systematization of information (a tutorial survey of current work), laid out a proper framework for evaluating privateness fashions throughout blockchains, categorizing privateness into distinct ranges starting from fundamental confidentiality, the place transaction quantities are hidden, to k-anonymity and full anonymity, which progressively obscure the identities of senders and receivers fairly than proposing a single new protocol.
It locations Sui firmly throughout the account-based mannequin, alongside Ethereum and Solana, and explores how such methods might implement confidential balances, restricted anonymity units, or sender-receiver unlinkability utilizing cryptographic primitives comparable to homomorphic encryption and zero-knowledge proofs.
Crucially, the paper emphasizes trade-offs. Sturdy privateness ensures have a tendency to extend computational overhead, complicate assist for some shoppers designed to be run in resource-scarce environments, and lift regulatory considerations.
Rotation towards digital money
All through 2025, buyers have been more and more on the hunt for ‘countercyclical worth‘. In the course of the second half of 2025, privateness cash comparable to Zcash and Monero sharply outperformed broader crypto markets, at the same time as bitcoin and ether struggled amid macro strain and greenback energy.
Analysts have framed the transfer as a rotation towards digital money, property designed to be used fairly than yield, the place zero-knowledge proofs allow confidentiality with out sacrificing settlement velocity or selective compliance. The rally has been interpreted much less as speculative extra and extra as a sign that demand for monetary privateness is re-emerging as a core market theme.
Whereas the paper does not current a timeline to launch a privateness token for the blockchain, or current new know-how, buyers are hoping that its a sign for what’s to come back.
