{"id":19885,"date":"2026-01-14T18:57:53","date_gmt":"2026-01-14T18:57:53","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sui-price-on-edge-as-its-mainnet-goes-through-a-network-stall\/"},"modified":"2026-01-14T18:57:57","modified_gmt":"2026-01-14T18:57:57","slug":"sui-price-on-edge-as-its-mainnet-goes-through-a-network-stall","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sui-price-on-edge-as-its-mainnet-goes-through-a-network-stall\/","title":{"rendered":"Sui price on edge as its mainnet goes through a network stall"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Sui price remained on edge on January 14 as the mainnet suffered a glitch and a network stall.<\/p>\n<div id=\"cn-block-summary-block_ef688567d6fb02474ba9215fb31b6e3d\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Sui price rose despite the network suffering a major glitch.<\/li>\n<li>The glitch led to a network stall that affected its activity.<\/li>\n<li>Technical analysis suggests that it may be ripe for a bullish breakout.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Sui Coin (SUI) was trading at $1.8510, up by ~40% from the year\u2019s lowest level, and is hovering near the highest point since November. Its market capitalization has increased to over $7 billion, making it the 17th-largest coin in the industry.\u00a0<\/p>\n<p>In a statement, the team reported that the mainnet experienced a network stall and was working on a solution.\u00a0<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Sui Mainnet is currently experiencing a network stall, and the Sui Core team is actively working on a solution. Be aware that dApps such as Slush or SuiScan may not be available, and transactions may be slow or temporarily unable to process at this time. Updates will be shared as\u2026<\/p>\n<p>\u2014 Sui (@SuiNetwork) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/SuiNetwork\/status\/2011459418177548670?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 14, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>This outage was the biggest event in the network after the Cetus Protocol hack that cost users between $223 million and $260 million. Over 62,000 users were affected.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Sui has become one of the biggest players in the crypto industry. Data compiled by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/chain\/sui\" target=\"_blank\" rel=\"nofollow\">DeFi Llama shows<\/a> that the network has a total value locked of over $1.6 billion, up from the December low of $1.35 billion. Some of the biggest protocols in the network are NAVI Protocol, Suilend, Bluefin, and Haedal.\u00a0<\/p>\n<p>More data shows that Sui network has handled over $4.1 billion this month. This means that the volume will likely cross last month\u2019s $6.6 billion. Also, its stablecoin market cap stands at nearly $500 milion, down from over $1.17 billion in October.<\/p>\n<h2 class=\"wp-block-heading\">Sui price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Sui Coin price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart shows that the Sui Coin price formed a triple-bottom pattern at $1.3214 and a neckline at $1.769. A triple-bottom is a popular bullish reversal pattern.<\/p>\n<p>Sui has made a break-and-retest pattern, a common bullish continuation sign in technical analysis. It has moved above the 50-day Exponential Moving Average and is nearing the 23.6% Fibonacci Retracement level.<\/p>\n<p>Therefore, the most likely Sui forecast is bullish, with the key target being at $2.50, the 38.2% retracement level. Such a move is a 30% jump above the current level.<\/p>\n<p>On the other hand, a move below the support at $1.7693 will invalidate the bullish forecast. Such a move will indicate further downside, potentially to the support at $1.50.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sui price remained on edge on January 14 as the mainnet suffered a glitch and a network stall. Summary Sui price rose despite the network suffering a major glitch. The&hellip;<\/p>\n","protected":false},"author":1,"featured_media":769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19885","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\/19885","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=19885"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19885\/revisions"}],"predecessor-version":[{"id":19886,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/19885\/revisions\/19886"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/769"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=19885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=19885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=19885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}