Crypto markets are seeing renewed activity this week, with fresh institutional moves and notable on-chain shifts driving token-specific momentum. Sui gains traction through a regulated banking partnership, Bittensor rebounds on a major treasury stake, and Tron records one of its largest profit-taking events of the year—each shaping market sentiment in distinct ways.
Sui (SUI): Institutional On-Ramp Gains Momentum: SUI climbed 13.7% to $3.95, pushing toward the $4 mark after Swiss digital asset bank Sygnum announced a partnership with the Sui Foundation to expand regulated institutional access to the network. The arrangement will provide custody, spot and derivatives trading for SUI, with staking services to follow in the coming weeks and collateral-backed Lombard loans slated for Q4. Targeting banks, asset managers and high-net-worth clients, Sygnum says all holdings will remain bankruptcy-remote and off the bank’s balance sheet. The move positions Sui for deeper penetration into regulated capital markets.
Bittensor (TAO): $8M Stake from Oblong Fuels Rebound: Bittensor’s TAO token surged nearly 12% to $396 after Nasdaq-listed Oblong revealed it had staked $8 million worth of TAO as part of its new decentralized AI treasury strategy. The company, which pivoted toward accumulating TAO in June, says staking its position supports network operations while incentivizing AI development. Oblong’s treasury shift follows a $7.5M fundraising round to bolster its crypto holdings, marking a significant departure from its previous focus on enterprise meeting technology.
Tron (TRX): $1.4B Profit Event Turns Heads: TRX has traded in a tight $0.32–$0.33 range in recent days, but long-term holders are cashing in. Recent data from Glassnode shows wallets holding TRX for three to five years realized $1.4 billion in profits on August 5—its second-largest single-day profit event of 2025, behind only May 30’s $2.2 billion. These investors, largely from the 2020–2021 bull run, appear to be exiting into strength, outpacing even Bitcoin and Ethereum in realized profit for the day. Could this profit-taking pressure TRX in the short term or clear the way for new accumulation?