SUI

Sui is preparing to launch Hashi, an institutional Bitcoin lending protocol designed to let holders use BTC as collateral while keeping it on the Bitcoin network. The rollout is backed by $500 million in capital commitments from more than 20 industry partners, aiming to provide deep liquidity from day one.

Crypto market capitalization remains near $2.892 trillion, but gains are increasingly concentrated in a small group of large assets. Bitcoin is holding modestly positive and AAVE is outperforming, while weakness across payments, memes and privacy tokens points to a more selective market.

SUI has surged nearly 20% in the past 24 hours as traders react to a confirmed breakout above its 200 day exponential moving average. The move has lifted short liquidations and trading volumes, although weak network activity continues to weigh on the broader fundamental case.

Crypto market gains broadened into the Saturday close, with most major assets advancing and leadership concentrated in SUI and BCH. Bitcoin and Ethereum remained technically constructive, but both trailed the stronger median move across established assets.

SUI has rallied nearly 20% in the past 24 hours, with trading volume climbing as short liquidations pressure bearish positions. Technical traders are watching a potential move toward $1.42, though Sui’s on-chain fundamentals remain weaker than major peers.

Sui has lagged the broader crypto rally, with SUI still down 44% year to date and struggling below its 200-day exponential moving average. Weak fees, depressed DEX volumes and concerns following this year’s network downtime are keeping traders cautious as the token retests key support.

Crypto market participation has weakened after a broader advance, with just 48 of the top 100 assets rising compared with 86 previously. Solana remains a standout while Bitcoin consolidates, Ethereum stalls, and several altcoins show fragile holding patterns.

Sui has lagged the broader crypto rebound, with SUI still down sharply year to date and unable to reclaim a key long-term technical level. Weak on-chain activity, depressed fees and concerns tied to network resilience continue to weigh on sentiment.

Sui is under renewed pressure after breaking below a key support level while trading activity surged sharply. Weak network usage, falling app fees, and a bearish technical setup have left traders watching whether SUI can avoid a deeper slide toward $0.55.

Crypto markets entered the weekend under pressure, with Bitcoin trading below key short term averages while most large assets posted negative weekly returns. Uniswap and Cardano showed selective resilience, but weak breadth and softer stablecoin circulation kept traders cautious.

Mubadala Capital has launched a tokenized version of a private markets strategy for qualified investors using KAIO infrastructure. The fund is live across Base, Solana and Sui, has attracted about $75 million in onchain assets, and has drawn balance sheet exposure from Coinbase.

Cetus Protocol, the largest DEX on Sui, was exploited for $260M through spoof token manipulation. CETUS and Sui-based tokens nosedive as smart contracts are paused.