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
SUI has maintained its position above the $3.30 demand zone. The token’s ability to reject lower prices near the 50-day EMA and hold this critical support level has raised questions about whether a bullish reversal could materialize this week. The daily chart shows SUI attempting to sustain its falling wedge
In a move that’s already getting nods across the Sui community, the Foundation has stepped up and promised to fully cover the losses users took in the recent Cetus Protocol hack. Cetus, a DEX built on the Sui blockchain, was hit by a targeted exploit that let attackers drain funds
Nasdaq has filed Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares Spot Sui ETF, formally triggering the regulatory review process. The move follows 21Shares’ prior S-1 registration submitted on April 30, with both filings necessary before trading can begin. If approved, the ETF would
2025 is gearing up to be a transformative year for crypto and DeFi. BTC hit a new ATH, altcoins are rising, and Trump’s pro-crypto stance has injected more positivity into the market. Which altcoins are the better investments in May/June? Is it TRON, SUI or the all-new DeFi protocol, Mantix
As Sui stalls near key resistance levels, many traders are making a bold pivot toward Mantix, a rising DeFi powerhouse. With $MTX priced at just $0.02 in its red-hot presale, this new platform is quickly capturing the attention of investors eager for innovation and upside. Early projections suggest Mantix could
Starting Bull-Run Into New Trading Platform Despite its recent bullish momentum, Tron (TRX) has remained in a tight consolidation range with little volatility. This lagging price action has not gone unnoticed, especially as Tron whales accumulate Mantix and Sui gain traction in Q2. The Sui crypto (SUI) has gained favor
