Sui (SUI) has lost nearly 47% this year due to a shrinking ecosystem and declining on-chain activity, including a 70% drop in stablecoin supply and the lowest app fees since mid-2024. Developer interest has waned as capital shifts to other tech sectors like AI, and network usage metrics show reduced adoption. If the current downtrend continues, SUI could fall another 33% to around $0.57, a key demand zone last tested during a 2025 flash crash. The outlook remains bearish amid ongoing market challenges and a recent network outage that hurt confidence.
Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...
Ethereum has strengthened its position as the top staking network with a 12.13% weekly increase in staked market cap, reaching $78.08 billion. This growth highlights a shift of investor interest back to large-cap, liquid networks despite mixed result...
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...
