{"id":1850,"date":"2025-06-03T11:02:07","date_gmt":"2025-06-03T11:02:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sui-slides-20-as-4-rally-reverses-course\/"},"modified":"2025-06-03T11:02:08","modified_gmt":"2025-06-03T11:02:08","slug":"sui-slides-20-as-4-rally-reverses-course","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sui-slides-20-as-4-rally-reverses-course\/","title":{"rendered":"SUI slides 20% as $4 rally reverses course"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">SUI, the native token of the Layer 1 blockchain Sui, has entered a period of steady decline after failing to sustain its recent rally above the $4 level.<\/p>\n<p>After briefly breaking above the $4 mark in a May 2025 rally SUI (SUI) has hit a rough patch in recent weeks struggling to maintain its upward momentum. Per recent price performance, the token is down over 7% over the past week, despite recording a modest 1.3% bounce in the last 24 hours.<\/p>\n<figure class=\"wp-block-image\"><\/figure>\n<p>SUI\u2019s price movement| Source: crypto.news<\/p>\n<p>Trading at $3.32 at press time, SUI\u2019s price is a slight recovery from its low point of $3.07 in the ongoing corrective phase. The token\u2019s value marks a steep 19.8% drop from its monthly high of $4.14 and an approximate 37% from its all-time high of $5.30.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The downturn may be partly attributed to dampened sentiment across the ecosystem following the May Cetus exploit, which resulted in a loss of $260 million. The post-mortem jitters also triggered a decline in the total value locked (TVL) on the Sui network from $2.13 billion to the present $1.75 billion, according to DefiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/Sui\" target=\"_blank\">data<\/a>.\u00a0<\/p>\n<p>Despite the pullback, optimism for SUI remains. This is fueled by continuous signs of growth across the broader ecosystem, as well as growing bullish whispers of a spot ETF spurred by recent filings from investment firms like 21Shares.<\/p>\n<p>SUI\u2019s recent dip mirrors a broader cooling across the crypto market, although BTC and major altcoins such as ETH and SOL have demonstrated stronger resistance amid the ongoing volatility. Memecoins including POPCAT and WIF defied the larger trend with more impressive gains, posting 14% and 16% respectively.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SUI, the native token of the Layer 1 blockchain Sui, has entered a period of steady decline after failing to sustain its recent rally above the $4 level. After briefly&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=1850"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1850\/revisions"}],"predecessor-version":[{"id":1852,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/1850\/revisions\/1852"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1851"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=1850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=1850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=1850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}