This week, while most eyes are glued to the usual suspects SUI, XLM, LINK and AVAX, attention is shifting to a token that offers more than just your regular crypto hype. The crypto market is gradually shaking off recent volatility with investors searching for projects that solve real problems. This
The crypto market lit up with green candlesticks across the board to start the day, with its market cap holding at $3.36 trillion after a 2.75% spike. With the bullish roar, the largest assets like Bitcoin and Ethereum have reclaimed their recent highs. Among the altcoins, SUI followed suit by
The crypto market opened the day trading on a bearish note, with the market cap value sinking by over 4.43%, reaching $3.24 trillion. The current sentiment is neutral in the market, as the Fear and Greed Index value holds at 54. Major assets have entered the red trading zone. Among
The Crypto ETF frenzy is accelerating in the US with the favorable environment under the Trump’s Presidency. Numerous filings are already in motion to get approval from the SEC. Nasdaq is the latest traditional stock trading platform that filed to list a crypto ETF on its platform. Nasdaq is planning
Cetus Protocol is planning to go open-source after its latest relaunch on June 8. The Sui-native decentralized exchange had to relaunch as it recently went through a massive $220 million exploit last month. A hacker attacked the pricing mechanism flaw to extract tokens from the prominent liquidity pools on May
Sui (SUI) surged 8.27% in the last 24 hours, climbing to $3.19 after briefly touching an intraday high of $3.20. With a circulating supply of 3.39 billion SUI, its market capitalization rose to $10.84 billion, marking an 8.67% increase. At the same time, its 24-hour trading volume jumped 17.24% to
Sui continues its bearish trajectory after encountering its third unsuccessful attempt to break above the critical $4.20 resistance level. The altcoin has surrendered over 25% of its value during the past two weeks, creating a clear falling channel pattern that has technical analysts eyeing lower price targets. Current trading activity
Capitalizing on the opportunities of the growing DeFi ecosystem, OKX Ventures undertook an investment in Momentum, a DEX on the Sui blockchain. Announced on June 6, the announcement situates Momentum as a fast-rising star within the Sui realm, providing deep liquidity and very efficient trading opportunities. Founded in 2022, Momentum
The U.S. Securities and Exchange Commission (SEC) has now delayed its decision on the application filed by Canary Capital for a spot exchange-traded fund (ETF), which is to be built on the Sui blockchain’s native token. The withdrawal is not unexpected but does emphasize its continued caution in approving direct
SUI faces strong rejection near the $3.45 resistance level as bearish technical signals accumulate across multiple timeframes. Despite recent network growth metrics, price action suggests the prevailing downtrend could extend toward the $3 psychological support level. The 4-hour chart reveals SUI’s failure to overcome the $4.20 resistance, triggering an ongoing
