RT BSCN (@BSCNews)💧 What makes @SuiNetwork so powerful?A full deepdive analysis into one of crypto's fastest-growing L1 ecosystems.The Move-based Sui Network is scalable, builder-friendly, and low cost.We break down the platform's most important aspects, from the $SUI token itself, through to architecture and recent developments.Read now ⬇️https://t.co/bKFs3Ygvoc ...

💧 What makes @SuiNetwork so powerful?A full deepdive analysis into one of crypto's fastest-growing L1 ecosystems.The Move-based Sui Network is scalable, builder-friendly, and low cost.We break down the platform's most important aspects, from the $SUI token itself, through to architecture and recent developments.Read now ⬇️https://t.co/bKFs3Ygvoc ...

🔥 Sui Network has been on fire in 2025!!We're bringing you the most important recent news from inside the @SuiNetwork ecosystem.- Expansion of $SUI token access- Key partnerships- Global expansion- Gaming growth... and more.Catch up before it's too late ⬇️https://t.co/9texnKBTCa ...

Core Insights - SUI, the native token of the Sui network, experienced a 9% decline to $2.10, underperforming the broader crypto market during a sector-wide selloff [1] - The token's 4.89% lag behind the crypto market indicates that the decline was specific to SUI rather than a general market weakness [1] Market Activity - The selloff exhibited characteristics of institutional liquidation, with prices dropping from $2.32 and trading volume increasing by 53% above the 7-day average [2] - The surge in trading activity suggests large-block repositioning rather than a retail-driven panic [2] Price Movements - A significant breakdown occurred at the $2.16 level, with SUI dropping through this point on a volume of 99.13 million tokens, which is 628% above its 24-hour average, indicating strong bearish pressure [3] - Following this breakdown, SUI experienced a V-shaped bounce from $2.04 as institutions appeared to buy the token at lower levels [3] Resistance and Recovery - The recovery lost momentum near the psychological resistance zone of $2.13, with declining volume suggesting that buyers lacked the conviction to push SUI higher in the short term [4] - The CoinDesk 5 Index (CD5) also saw a 3.35% drop to $1,860.70, including a flash crash to $1,826.66 before rebounding, indicating signs of institutional selling [4]

Core Insights - SUI token experienced a significant drop of 9.1% to $2.29 due to concerns over a $147 million token unlock scheduled for November [1] - The sell-off was exacerbated by a breach of the key support level at $2.41, leading to a surge in trading volume by 160% above average [1][2] - Despite the price decline, SUI's ecosystem showed resilience, with Momentum DEX reporting a total trading volume of $26 billion, marking an 8.3% increase from the previous week [3] Market Dynamics - The breakdown in SUI's price began with a trading volume spike to 37.5 million, which triggered stop-loss orders and caused the price to drop from $2.51 to as low as $2.27 [2] - Institutional selling contributed to the downward pressure, although some buying interest emerged near the day's lows [2] Technical Analysis - Current support levels are forming around $2.27–$2.29, while resistance is identified at the previously broken $2.41 level and $2.59 above that [4] - A decline below the current support could lead to a price range of $2.15–$2.20, whereas a recovery above $2.41 may shift momentum positively [4] Sentiment and Future Outlook - Market sentiment remains cautious as traders await the impact of the upcoming token supply from the November unlock [5]

Core Insights - Figure Certificate Company is launching its SEC-registered security token YLDS on the Sui blockchain, providing regulated yield and direct USD access without traditional crypto exchanges [1][2] - YLDS offers a yield of SOFR minus 35 basis points, backed by short-term treasury securities, distinguishing it from unregulated stablecoins [4][2] - The integration of YLDS with Sui's blockchain enables instant peer-to-peer transfers while adhering to regulatory frameworks [5][6] Company Overview - Figure Certificate Company is registered with the SEC as a face-amount certificate company under the Investment Company Act of 1940, ensuring regulatory oversight for YLDS [2] - The company has submitted letters to the SEC regarding YLDS trading pairs as a settlement mechanism for non-security crypto assets, indicating proactive regulatory engagement [7] Industry Context - The Secured Overnight Financing Rate (SOFR) serves as the benchmark interest rate for dollar-denominated loans and derivatives, having replaced LIBOR in 2023 [3] - YLDS provides a yield-bearing alternative to traditional stablecoins, which typically maintain a fixed one-dollar peg without yielding returns [4][6] - The collaboration between Figure and Mysten Labs aims to connect regulated financial products with blockchain technology, reflecting a trend towards integrating traditional finance with digital assets [6]

Listing News - Robinhood has listed the $SUI token for trading in the U S [1]

Treasury Management - Mill City Ventures adds $20 million more of SUI token to treasury at a slight discount [1]