SUI cryptocurrency fell nearly 10% after a strong weekly rally that saw it gain almost 40%. The price peaked at $1.42 before sellers took profits, influenced by SUI Group Holdings expanding its treasury and staking most tokens, plus CME Group announcing SUI futures launch on May 29. Despite the pullback, network activity and adoption continue to grow, with total value locked rising above $650 million and trading volume surging. The decline is seen as a healthy cooldown amid broader market weakness, with future price direction depending on continued network growth and institutional interest.
Sui has announced that the Hashi Global testnet will launch soon, featuring native Bitcoin as collateral within its DeFi ecosystem. This development could allow Bitcoin holders to use BTC directly in Sui-based decentralized finance applications witho...
Sui, Aptos, and Hyperliquid are gaining attention as promising altcoins due to their fast transaction speeds, growing developer ecosystems, and increasing user adoption. Sui and Aptos leverage Meta's Move programming language to build high-performanc...
