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2mo ago· 18 MarRelease

Hashi on Devnet

◆ Description

"... Hashi will unlock institutional Bitcoin participation at scale, bringing core financial services like credit origination and lending to a transparent, compliant environment on Sui."

◆ Why it matters

Devnet launch limits immediate fundamental impact, since no real capital flows yet. However, positioning Sui as institutional-grade Bitcoin DeFi with recognizable partners (BitGo, Bullish, Ledger, etc.) taps into the strong BTC L2/DeFi and institutional adoption narratives. Traders may speculate on future TVL and fee growth, causing a short-term upside move, but the main, more material catalyst will be a later mainnet/go-live release—potential “buy rumor, fade” near that stage.

Proof

Source
x.com
Added to CoinMarketCal
19 Mar 2026
Last updated
19 Mar 2026

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