Sui ($SUI) Crypto Forecast: Down 5.2% Today

What is Sui?

SUI is a cryptocurrency token that has attracted attention recently, partly due to market movements and security concerns within its network.

Why is Sui going down?

SUI crypto is down 5.2% on May 28, 2025 20:01

• The bearish movement in SUI today might be linked to the exploit scare associated with the Cetus incident, leading to uncertainty among investors.
• Despite the negative impact of the exploit scare, the network's prompt response with a $10 million security commitment could help restore investor confidence and potentially support a rebound in the future.
• The positive development of SUI's increase alongside a Spot ETF filing and the community's voting on the Cetus recovery plan may signal resilience in the token's ecosystem, providing hope for a turnaround soon.
• The potential for a 100% surge in SUI, fueled by the Nasdaq ETF bid and favorable technical signals, indicates that market sentiment remains positive about the token's future outlook despite recent challenges.

SUI Price Chart

SUI Technical Analysis

SUI News

$10 Million Fix? SUI Network Moves Fast After Cetus Exploit Scare

$10 Million Fix? SUI Network Moves Fast After Cetus Exploit Scare

https://www.newsbtc.com/altcoin/10-million-fix-sui-network-moves-fast-after-cetus-exploit-scare/

Coin Of The Day: SUI Wobbles After Exploit—Can It Rebound?

Coin Of The Day: SUI Wobbles After Exploit—Can It Rebound?

https://www.benzinga.com/markets/cryptocurrency/25/05/45653063/coin-of-the-day-sui-wobbles-after-exploit-can-it-rebound?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

SUI Jumps Amid Spot ETF Filing, Network Commits $10M To Security

SUI Jumps Amid Spot ETF Filing, Network Commits $10M To Security

https://www.benzinga.com/25/05/45646098/sui-jumps-amid-spot-etf-filing-network-commits-10m-to-security?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Sui Community Votes on Cetus Recovery Plan

Sui Community Votes on Cetus Recovery Plan

https://ecoinimist.com/2025/05/28/sui-validators-near-cetus-recovery/?utm_source=rss&utm_medium=rss&utm_campaign=sui-validators-near-cetus-recovery

Sui token eyes 100% surge as Nasdaq ETF bid and technical signals align

Sui token eyes 100% surge as Nasdaq ETF bid and technical signals align

https://www.cointrackdaily.com/sui-token-eyes-100-surge-as-nasdaq-etf-bid-and-technical-signals-align/

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Sui Price History

28.04.2025 - SUI Crypto was up 7.7%

• The surge in SUI's value could be linked to SUI Network's unveiling of a $10 million security initiative post the Cetus hack, which helped reassure investors and bolster confidence in the token.
• Cetus Protocol's promise to fully reimburse users affected by the hack, subject to a community vote, likely contributed to a favorable market sentiment, benefiting SUI.
• Nasdaq submitting the 21Shares SUI ETF paperwork to the SEC suggests potential future growth in institutional investment in SUI, leading to increased demand and prices.
• The upward trend in SUI was also driven by the SUI Foundation's decision to provide a loan to Cetus Protocol, illustrating strong collaboration within the ecosystem that investors viewed positively.

28.04.2025 - SUI Crypto was up 6.5%

• SUI witnessed a strong bullish trend following the announcement of full compensation for losses incurred by Cetus in a $223M exploit by the Sui Network.
• Seeking support from the community, Cetus revealed a recovery plan to retrieve $162 million after the Sui hack and secured a bridge loan from SUI.
• Investor confidence was boosted by SUI Network's introduction of a $10M security plan after the Cetus hack, resulting in a positive market response.
• The bullish price surge in SUI was driven by the news of enhanced security measures and compensation efforts, outweighing the overall market sentiment.

28.04.2025 - SUI Crypto was up 6.4%

• The recent announcement of a $10M security plan by SUI Network, following a hack incident, has likely enhanced investor confidence in the token's security measures, resulting in increased buying activity.
• Cetus Protocol's commitment to fully compensate affected users post a community vote has potentially bolstered trust in the DeFi ecosystem, positively affecting SUI's price.
• The submission of the 21Shares SUI ETF form to the SEC by Nasdaq suggests a rise in institutional interest in SUI, which could attract more traditional investors to the token.
• The bullish price movement in SUI, supported by the SUI Foundation's loans to Cetus Protocol, demonstrates strong support for the project's long-term prospects and sustainability.

28.04.2025 - SUI Crypto was up 6.0%

• The bullish movement in SUI today can be attributed to the positive developments surrounding the Cetus Protocol hack and subsequent reimbursement efforts:
• The SUI community approving the return of $162M in stolen Cetus funds demonstrates a strong commitment to security and integrity within the ecosystem.
• Nasdaq's application to list 21Shares' SUI ETF indicates growing mainstream interest and adoption of SUI, boosting investor confidence.
• Cetus Protocol's announcement of 100% user reimbursement and SUI Network stepping in to compensate losses after the exploit have restored faith in the project, leading to a rally in both CETUS and SUI tokens.
• The community vote by Cetus to recover $162 million post-SUI hack shows a united front in addressing security breaches, reassuring investors and driving up SUI's value.

28.04.2025 - SUI Crypto was up 5.1%

• The bullish movement of SUI today can be attributed to the Sui Foundation's decision to loan Cetus Protocol, which has sparked positive sentiment among investors.
• The announcement of Nasdaq filing for a SUI ETF has also contributed to the price surge, indicating growing institutional interest in the token.
• Despite facing challenges such as the $220M Cetus exploit, SUI's commitment to sharing details and enhancing security measures has reassured investors, leading to increased confidence in the token.
• The competition from Hyperliquid in terms of market cap might have initially caused some uncertainty, but the overall bullish momentum of SUI suggests that investors are optimistic about its future prospects.

28.04.2025 - SUI Crypto was up 6.3%

• The surge in SUI's price can be linked to recent positive developments within the cryptocurrency sector, specifically related to the recovery of hacked funds in the CETUS token ecosystem.
• The Sui Foundation's support for a full compensation plan for users impacted by the $223M hack in CETUS tokens has bolstered positive market sentiment towards SUI.
• The community's approval of a $162M recovery transaction for victims of the CETUS hack has further instilled confidence in the token, leading to a rise in buying activity.
• Moreover, the filing by Nasdaq for the listing of 21Shares' SUI ETF might have attracted institutional investors and played a role in the bullish movement of SUI.

28.04.2025 - SUI Crypto was down 5.2%

• The bearish movement in SUI today might be linked to the exploit scare associated with the Cetus incident, leading to uncertainty among investors.
• Despite the negative impact of the exploit scare, the network's prompt response with a $10 million security commitment could help restore investor confidence and potentially support a rebound in the future.
• The positive development of SUI's increase alongside a Spot ETF filing and the community's voting on the Cetus recovery plan may signal resilience in the token's ecosystem, providing hope for a turnaround soon.
• The potential for a 100% surge in SUI, fueled by the Nasdaq ETF bid and favorable technical signals, indicates that market sentiment remains positive about the token's future outlook despite recent challenges.

27.04.2025 - SUI Crypto was up 5.1%

• The surge in SUI value may be linked to the introduction of the inaugural SUI ETF by 21Shares, showing a growing belief in the SUI ecosystem and creating a fresh investment avenue.
• The analysis of the Cetus hack, which exposed a coding mistake leading to substantial losses on SUI, could have initially unsettled some market participants but was likely overshadowed by the ETF announcement.
• The collaboration with Nasdaq for the SUI ETF launch contributed to the positive sentiment towards SUI, drawing in more traders and boosting the token's price.
• Overall, the joint impact of heightened institutional attention, new investment opportunities, and an optimistic market sentiment drove SUI's significant uptrend today.

27.04.2025 - SUI Crypto was down 5.2%

• The bearish movement in SUI today could be attributed to a $10 million security overhaul following the Cetus hack. Investors might be concerned about the security of the token, leading to a sell-off.
• Additionally, the anticipation of major token unlocks from SUI and other projects like Bio Protocol and Solana this week could be creating uncertainty and pressure on SUI's price.
• The market sentiment seems to be cautious, with indications of bearish pressure mounting over the SUI price rally, causing traders to reevaluate their positions. This could potentially lead to profit-taking before the price drops below $6.

27.04.2025 - SUI Crypto was up 6.7%

• SUI witnessed a significant upward trend in its market value, indicating investors' confidence in the token despite recent security issues.
• The disclosure of a $220M exploit related to Cetus has not had a negative impact on investor sentiment towards SUI, highlighting a sense of resilience.
• The introduction of a SUI ETF by 21Shares and the application for a SUI Token ETF by Nasdaq may have influenced the token's upward movement, drawing more investors to the platform.
• While large investors initiated a selloff, the increasing interest in Ruvi AI might have diverted attention, enabling SUI to flourish amidst market volatility.

27.04.2025 - SUI Crypto was up 5.5%

• The announcement of Nasdaq filing for a SUI ETF caused a 6% price jump, indicating growing mainstream interest in the token.
• Despite a recent $220M exploit incident, SUI's price remained resilient as the company vowed to enhance its security measures, reassuring investors.
• SUI's growth was overshadowed by Web3 ai's impressive 1747% ROI, showing the competitive nature of the cryptocurrency market.
• The overtaking of SUI in market cap by Hyperliquid raised questions about the sustainability of the HYPE rally, potentially leading to some investors shifting their focus to other tokens.

27.04.2025 - SUI Crypto was down 5.4%

• The bearish trend of SUI today might be related to the recent $10 million security upgrade following the Cetus hack. This could have raised questions about the token's security and its impact on its value.
• Moreover, the scheduled major token unlocks from SUI and other projects such as Bio Protocol and Solana could be putting downward pressure on prices as investors foresee an increase in token supply.
• Speculative trading fueled by anticipation over SUI's next steps may have triggered a sudden price decline, with traders either cashing in profits or reacting to market sentiments.
• Despite optimistic long-term price projections for SUI in 2030, the current market movement could be influenced by short-term factors like security worries and token unlocks overshadowing potential future growth.