SUI'S BIGGEST DEX GOT HACKED OVER $200M DRAINED 🙀🙀🤯🤯
The biggest DEX on the Sui blockchain has been hacked, resulting in losses exceeding $200 million.
What does this mean for user funds and confidence in the Sui ecosystem?

Sui (SUI) - USDT
SUI just skyrocketed 26% in a single day, catching the crypto world’s attention. Fueled by surging memecoin hype and record on-chain activity, it’s quickly becoming more than just a token—it’s shaping up to be a serious player.
🔵 Breakout Rally:
On April 23, SUI hit $2.80, marking a breakout from a descending channel that began in December 2024, signaling a potential long-term reversal.
🔵 Increased On-Chain Activity:
Despite being down 54% from January highs, SUI’s ecosystem is growing. Active usage, not just price speculation, is fueling interest.
🔵 Stablecoin Milestone:
On April 21, stablecoins on the SUI network hit an all-time high of $880 million—with the $1 billion mark in sight.
🔵 Network Growth:
The combination of rising transactions, memecoin launches, and liquidity surges is driving new users and developers to the platform.
SUI’s recent pump isn’t just hype—it’s backed by real growth and a thriving ecosystem. With memecoins driving momentum and stablecoins crossing milestones, SUI is stepping up as more than a token—it’s a growing crypto universe in motion.
https://coinpedia.org/price-prediction/sui-price-prediction/
SUI is holding strong above $2 as traders prepare for a possible breakout. With growing stablecoin supply, a new Greek partnership, and bullish chart patterns, many believe SUI could reverse its downtrend and aim for a rally toward $3 or beyond.
What’s Happening with SUI?
- Current Price: SUI trades around $2.09, struggling to stay above the key $2 psychological level.
- Chart Pattern: A falling wedge pattern on the daily chart suggests a possible breakout is nearing.
- Recent Dip: SUI dropped over 12% in recent days but saw a small intraday bounce of 2%.
- Fibonacci Levels: Price is under the 38.2% Fibonacci level at $2.20; key resistance is now at $2.65.
- RSI Signal: Daily RSI is recovering from near-oversold levels, signaling a possible bullish reversal.
- Downside Risk: If bearish pressure returns, SUI could fall to strong support at $1.68.
- Major News: Greece’s national stock exchange partnered with the SUI blockchain for a new on-chain fundraising platform.
- Bullish Boost: SUI’s stablecoin supply hit a record high of $746.81M—up 99.82% this year.
- Analyst Forecast: CryptoWZRD predicts a breakout that could send SUI toward $5, citing similarities with BTC’s past patterns.
With a powerful mix of chart signals, rising liquidity, and real-world adoption in Greece, SUI may be gearing up for a major move. If it breaks out soon, the road to $3—and possibly $5—might just be getting started.
https://coinpedia.org/price-prediction/sui-price-prediction/
After a strong 27% surge in early April, SUI Coin captured traders’ attention. But recent signals hint that its bullish momentum might be short-lived.
- April Rally: SUI jumped 27% in the first two weeks of April, driven by buying pressure and macroeconomic factors.
- Trend Reversal: It broke out of a falling trendline and reclaimed the $2 mark — a bullish breakout sign.
- CMF Indicator: Initially showed strong buying pressure but has now dropped below zero, signaling weakening momentum.
- Supertrend Turns Bearish: The indicator has flipped, showing a potential downtrend with resistance near $2.65.
- Bearish Targets: If the trend continues, SUI may drop to $1.92 or even $1.60 in a worst-case scenario.
- Bullish Comeback?: A price move above $2.65 could reverse the downtrend, with targets at $2.49 and possibly $3.
- Market Sentiment: The current setup suggests caution unless buying pressure increases again.
Will SUI Bounce Back or Break Down?
SUI’s recent rally excited the market, but momentum is fading. If bulls don’t step up soon, a drop below $2 may be inevitable. Stay alert!
https://coinpedia.org/price-prediction/sui-price-prediction/
SUI is heating up! With a bullish falling wedge forming, a 120% breakout toward $5.30 is on the radar. Backed by growing DeFi volume, partnerships, and ETF buzz, SUI might be the next altcoin ready to explode.
Bullish Falling Wedge Pattern
- SUI is trading in a bullish falling wedge, a key reversal pattern.
- Current price: $2.27, with a breakout target of $5.30 (+120%).
- A recent 17.57% surge from $1.87 confirms strong upward momentum.
- Green candles signal increased buyer interest and potential trend reversal.
Technical Indicators Support Uptrend
- RSI at 48.23 — suggests room for further upside.
- CVD shows green bars, meaning buy orders exceed sell orders.
- Analyst SolbergInvest also identifies the same $5.30 breakout target.
Rising Open Interest and Exchange Activity
- Open Interest (OI) jumped 11.54% to $321.5M (as of Apr. 9).
- Majority of OI concentrated on Bybit and Binance.
- Perpetual contracts dominate, indicating short-term speculation and volatility.
- Large liquidations on top exchanges could drive price swings.
Fundamentals and Ecosystem Growth
- SUI ranked 6th in DeFi volume over the past month.
- Partnerships with Franklin Templeton and ETF filing by Canary signal institutional interest.
- Over 2.5M active users last month show growing network traction.
- All signs point to SUI becoming a strong DeFi contender.
With technicals, volume, and institutional backing aligned, SUI is gearing up for a potential breakout. If momentum holds, crossing the $5.30 target could spark major gains, positioning SUI as a standout performer in the 2025 altcoin rally.
https://coinpedia.org/price-prediction/sui-price-prediction/
SUI just crashed below $2, marking its lowest point since October 2024. Panic selling, technical breakdowns, and bearish momentum could push it even further down.
- Price Crash: SUI dropped 20% in a day, falling from $2.20 to $1.76 — its lowest price since October 2024.
- Broader Market Impact: The fall aligns with Bitcoin’s 10% dip and global panic after Trump’s new import tariffs triggered a market-wide selloff.
Oversold Indicators:
- RSI is at 31.69, nearing oversold territory (below 30).
- MFI is also close to 20, signaling high selling pressure.
Technical Setup:
- SUI is stuck in a descending channel since its January peak.
- Bull Bear Power (BBP) has turned negative, indicating bears are in control.
Downside Risks:
- Price might break below the 0.236 Fibonacci level.
- A severe bearish scenario could see SUI fall toward $0.45.
Upside Possibility:
- If liquidity returns, SUI may bounce to $2.34, and in a broader recovery, even rally to $3.49 at the 0.618 Fibonacci level.
SUI’s steep plunge and bearish signals hint that the worst might not be over. Unless buyers step in fast, the altcoin risks slipping below $1 — and possibly further.
https://coinpedia.org/price-prediction/sui-price-prediction/
A massive $151 million token unlock is set to hit SUI’s supply, potentially shaking up the market. While DeFi growth remains strong, TVL has dropped significantly. Can SUI withstand the pressure, or is a price dip inevitable? Let’s dive in.
Token Unlock Impact
- 2.03% of circulating supply (3.17B SUI) to be released.
- Historically, token unlocks increase selling pressure and trigger volatility.
- 31.7% of total 10B supply unlocked, meaning future emissions are expected.
DeFi Ecosystem Growth vs. TVL Decline
- SUI DEX volume: $5B monthly, indicating strong trading activity.
- Stablecoin market cap: Up from $370M (Dec) to $628M (March 31).
- TVL drop: From $2.08B (Jan) to $1.2B, suggesting lower liquidity despite increased trading.
Technical Analysis – Key Levels
- Resistance: $2.37, $2.64, $2.78 (Breakout signals bullish momentum).
- Support: $2.23, potential drop to $2.00 if bearish sentiment persists.
Indicators:
- RSI at 44.5 – Neutral to bearish.
- MACD remains negative – Selling pressure continues.
- Stochastic RSI – Near oversold, hinting at a short-term bounce.
Market Reactions & Long-Term Prospects
- If token unlock triggers sell-off → Possible dip to $2.23 or lower.
- If buyers hold support → Consolidation near $2.37 with potential for upside.
- Canary Capital’s SUI ETF filing could boost investor confidence.
- 100M+ blockchain accounts show strong adoption, supporting long-term growth.
SUI faces short-term uncertainty with the upcoming token unlock, but long-term trends remain promising. If support at $2.23 holds, a move toward $2.64 is possible. However, traders should stay cautious as volatility could spike. Stay tuned for the next big move!
https://coinpedia.org/price-prediction/sui-price-prediction/
SUI is at a critical point, attempting to break past the key $2.82 resistance level. With increasing trading volume and signs of bullish momentum, it’s make-or-break time for this cryptocurrency. Will it soar, or face another setback?
- Price Testing Key Resistance: SUI is trying to break the crucial $2.82 barrier, which has repeatedly stopped bullish momentum.
Bullish Indicators:
- Ascending Candlesticks: Higher lows and resistance show buyer momentum.
- RSI and MACD: Both indicators are signaling bullish strength, with RSI above 50 and MACD showing a bullish crossover.
- Rising Volume: Increased trading volume is often a precursor to breakout movements.
Support Levels and Trendline:
- SUI has broken above the bearish trendline, showing weakening selling pressure.
- Support at $2.36: If price drops, this level will act as a critical support.
- $1.59 and $1.42: Further declines may test these levels as key support zones.
Potential Breakout or Pullback:
- If SUI successfully breaches $2.82 with strong volume, a rally toward $3.50 and beyond could occur.
- Failure to break through could lead to a pullback, with potential declines toward lower support levels.
SUI is at a pivotal moment—if it can push past the $2.82 resistance with strong momentum, the price could soar. However, if the bears step in again, we might see another pullback. Investors should keep an eye on this crucial level for the next move.
https://coinpedia.org/price-prediction/sui-price-prediction/
Sui (SUI) is displaying strong bullish signals as it holds steady above key support levels, with analysts eyeing a potential price surge toward $7. Backed by technical patterns, rising on-chain activity, and strategic catalysts, SUI could see substantial growth in the near future.
- Price Support: SUI is holding steady at $2.26 support and is in an ascending channel pattern, indicating potential for upward movement.
- Bullish Falling Wedge: A falling wedge pattern on the 3-day chart signals a possible trend reversal and future breakout, similar to previous successful rallies.
- On-Chain Activity: SUI’s stablecoin transfer volume reached $73.85 billion, outperforming competitors, signaling increasing blockchain activity.
- Capital Inflows: SUI is receiving strong market interest, ranking among the top chains for capital inflows, showing increasing trust and liquidity.
- Price History: After a low of $0.3643 in October 2023, SUI surged to an all-time high of $5.35 in January 2025, showcasing steady growth.
Future Growth Catalysts:
- Steam’s AMM boosts SUI’s DeFi ecosystem efficiency.
- Babylon Labs & Lombard integration brings liquidity from Bitcoin holders.
- Phantom Wallet integration expands SUI’s user base significantly.
- Walrus protocol enables large-scale data storage for enterprise use.
- Technical upgrades strengthen SUI’s infrastructure for higher transaction volumes.
With strong technical patterns, impressive on-chain metrics, and strategic partnerships, SUI is set for substantial growth. If it maintains its momentum, the token could see a remarkable surge toward $7, with a long-term target of $35 by 2025.
https://coinpedia.org/price-prediction/sui-price-prediction/
Sui (SUI) has stayed above the key support level of $2.26, within an ascending channel. Technical trends and strong on-chain data suggest a potential breakout toward $2.50.
Key Factors Driving SUI's Momentum
- Support at $2.26: SUI price has held above $2.26, triggering upward movements in the past. Staying above this level could push the price toward $2.50, a previous peak.
- Falling Wedge on 3-Day Chart: A falling wedge pattern on the 3-day chart signals a breakout. Analysts predict a potential move to $7.00, a 221% increase from the current price.
- Increased Stablecoin Volume: SUI’s stablecoin transaction volume reached $73.85 billion, surpassing TON’s $49.46 billion. This indicates strong network engagement and use in payments and DeFi.
Strong Market Fundamentals
- Capital Inflows: SUI ranks among the top three chains for capital inflows, reflecting growing trust and network stability.
- Network Growth: SUI’s transaction volume has surged, showing increasing adoption despite TON’s backing from Telegram.
Positive Outlook for SUI
With support at $2.26, a breakout target of $2.50, and a bullish falling wedge pattern, SUI is poised for growth. Strong on-chain activity and capital inflows suggest the potential for significant price increases, with $7.00 as a possible target.
https://coinpedia.org/price-prediction/sui-price-prediction/
SUI has been stuck in sideways price action, losing 2.48% last week. However, analyst Ali Martinez sees potential for short-term gains, pointing to key support levels and bullish market patterns.
Recent Price Action
- SUI has consolidated for the past two weeks, showing little movement.
- It recorded a 2.48% loss last week, reflecting the broader market trend.
Technical Analysis by Ali Martinez
- SUI has been moving in an ascending channel since March 11, suggesting bullish potential.
- The ascending channel shows strong buyer support, with price moving between two upward-sloping trendlines.
- A recent retest of the $2.26 support level suggests a rise to $2.50 if the support holds.
Breakout or Breakdown
- Holding above $2.26 could lead to a breakout to $3.00 with strong market demand.
- A drop below $2.26 could push the price to $1.75.
SUI Market Overview
- Excitement grew as Canary Capital applied for a SUI spot ETF, which could attract institutional investment.
- Trading volume dropped by 31.69%, signaling reduced market activity, but SUI remains a strong asset.
- Analysts consider the current dip a buying opportunity, referencing SUI’s past surge to $5.35.
Despite recent struggles, SUI’s bullish pattern and potential ETF launch offer short-term upside. If it holds above key support levels, SUI could experience significant gains soon.
https://coinpedia.org/price-prediction/sui-price-prediction/
SUI coin is showing signs of a potential trend reversal, with key technical indicators suggesting a breakout could be on the horizon. After completing a corrective phase, SUI is eyeing a potential bullish move, but certain price levels remain critical.
- Descending Wedge Breakout: SUI has formed a descending wedge, signaling a possible trend reversal after completing an ABCDE corrective phase.
- Key Resistance: The 0.5 Fibonacci retracement level at $2.89 acts as a crucial resistance. A breakout above this could confirm the bullish outlook.
- Support Zone: SUI is stabilizing near the 0.618 Fibonacci retracement at $2.31. If it holds above this level, a reversal may be imminent.
- Elliott Wave Structure: The 1-hour chart indicates a breakout attempt with a forming Elliott Wave structure, showing early signs of upward momentum.
- Corrective Pullback Potential: A minor corrective pullback could occur before the larger bullish move if the key resistance at $2.89 is broken.
- Critical Support Levels: A drop below $2.31 could signal further downside, with $1.48 (0.786 Fibonacci level) as the last significant support.
SUI’s price is at a crucial juncture. A breakout above $2.89 could trigger a bullish rally, while support at $2.31 must hold to maintain the positive outlook. Watch for a potential pullback before a larger move, which could set the stage for a significant trend reversal.
https://coinpedia.org/price-prediction/sui-price-prediction/
SUI coin has suffered a significant decline, dropping from $5 to $2.22 after a bearish head-and-shoulders pattern breakout. With increasing selling pressure, can SUI recover, or is another plunge to $1 on the horizon? Let’s explore the key factors influencing its price action.
- Head and Shoulders Pattern: SUI broke below the neckline of this bearish pattern, signaling further declines.
- Declining Indicators: The CMF and MACD show increasing selling pressure, with the MACD in the negative zone.
- Resistance at $2.67: If SUI holds above $2.67, a rebound is possible, but failure to do so could lead to a drop below $1.
- Supertrend Resistance: The red Supertrend line indicates resistance, suggesting limited upward momentum at current levels.
- Analysts' Views: Experts are divided, with some predicting further decline while others suggest a possible rebound above $0.80-$0.85 if market conditions improve.
SUI's future remains uncertain, with key support levels under pressure. Whether it rebounds or falls further largely depends on breaking through resistance and the broader market’s liquidity. Stay tuned for updates as the situation unfolds!
https://coinpedia.org/price-prediction/sui-price-prediction/
World Liberty Financial (WLFI), inspired by Donald J. Trump, has teamed up with the growing Layer 1 blockchain Sui. The partnership will integrate Sui into WLFI's strategic reserves, exploring new blockchain opportunities and supporting DeFi assets.
- Partnership with Sui: WLFI will integrate Sui into its strategic token reserve, “Macro Strategy,” aiming to explore blockchain applications.
- Sui’s Growth: Sui's impressive growth, surpassing $70 billion in decentralized exchange volume and 67 million accounts, made it an ideal partner for WLFI.
- WLFI's DeFi Focus: Co-founder Zak Folkman highlighted Sui’s appeal for its scale and adoption, as WLFI plans to support foundational DeFi assets.
- Ethereum Advocacy: WLFI co-founder Zach Witkoff has been advocating for Ethereum’s role at the upcoming White House crypto summit and emphasized strong support for the Ethereum community.
- Acquisitions: WLFI recently acquired $25 million in various crypto assets, including 4,468 ETH, 110.6 Wrapped Bitcoin, and 3.42 million MOVE tokens, to diversify its portfolio.
WLFI's strategic partnership with Sui and growing crypto acquisitions signal an exciting future for its blockchain initiatives. With strong DeFi aspirations and support for Ethereum, WLFI is poised to expand its influence in the rapidly evolving crypto landscape.
https://coinpedia.org/price-prediction/sui-price-prediction/
SUI cryptocurrency, once a hopeful asset, is now facing a significant downturn. A massive $600 million outflow in just 24 hours and a 30% drop in liquidity has raised concerns about the price potentially falling to the $1 range. Here's what you need to know.
Key Factors Driving the Downtrend
Massive Liquidity Outflows:
- Total Value Locked (TVL) dropped by 30%, from $1.991 billion to $1.381 billion, signaling diminishing market confidence.
- Over $600 million in SUI tokens were sold in a 24-hour period, exacerbating the bearish trend.
Retail Activity and Selling Pressure:
- Retail traders appear to be driving the selling wave, with active addresses remaining stable while short-term traders exit their positions.
- Fear-driven selling from retail investors is contributing to the downtrend, while long-term holders remain on the sidelines.
Technical Analysis and Price Levels:
- SUI recently breached a key support level, with analysts predicting a potential 58% drop.
- Critical support levels are at $2.18 and $1.67, with the possibility of a drop to $1.01 if these levels fail to hold.
Derivatives Market and Seller Dominance:
- Open Interest (OI) in derivatives fell by 13.17%, indicating a shift toward betting against the asset.
- Liquidation data reveals that long positions are being liquidated at a much higher rate than short positions, showing the dominance of sellers.
The outlook for SUI remains bleak as liquidity outflows and bearish sentiment weigh heavily on its price. Unless SUI can hold above critical support levels, a drop to the $1 range seems imminent. Traders should exercise caution as the market continues to struggle.
https://coinpedia.org/price-prediction/sui-price-prediction/