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Sui Network dips 2.6% amid Robinhood rewards, new CEO, and token buybacks boosting interest.

Protocol Fundamentals
18 Oct 2026
AMBCrypto
View Source
Neutral
Sui Network dips 2.6% amid Robinhood rewards, new CEO, and token buybacks boosting interest.

Sui Network (SUI) fell 2.6% in 24 hours, extending weekly losses over 10%, yet gained attention due to Robinhood's campaign offering $5 in SUI for educational participation. Mysten Labs appointed Kevin Boon as CEO, signaling a new phase for the network. Additionally, SUI tokens are being bought back using stablecoin yield, with over 900K tokens repurchased since June. Despite current price corrections, key support levels at $0.98 and $0.84 could hold, but a drop below $0.65 may signal further declines.

SUI is trading at Rp18.146 on Pluang as of Oct 19, 2026 10:21 WIB, showing a positive 1-day change of 2.68%. The market cap stands at Rp74,25 trillion, with a 24-hour trading volume of Rp8,94 trillion. Buy orders dominate at 62%, and the typical hold time for SUI investors on Pluang is 39 days, indicating steady interest despite recent price fluctuations.

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SUI token jumps 3.13% in an hour, showing strong short-side liquidations on Binance.

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The SUI token rose sharply by 3.13% within one hour to nearly $0.98, outpacing its modest 0.74% gain over 24 hours. This price movement was accompanied by $20,000 in short liquidations on Binance, indicating traders betting against SUI were forced to...

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SUI token drops 4.39%, closing near $0.98, below recent averages on Oct 17 trading session

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SUI price drops below $1, eyeing key support at $0.929 amid ongoing selling pressure.

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On October 15, the Sui blockchain network processed 13.1 million transactions with 157,000 unique daily senders, showing strong user activity. By October 17, the network achieved a throughput of 91.72 transactions per second and a total of 5.06 billi...

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Bitcoin leads cryptocurrency inflows and outflows with Zcash and Sui also notable.

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Bitcoin saw the largest inflows and outflows among cryptocurrencies, attracting $27.32 million while also recording $18.63 million in withdrawals. Zcash ranked third in inflows with $11.19 million, behind Bitcoin and Ether. Other notable inflows incl...

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