Key notes
- To mitigate the hack impact of $ 220 million, the SU Foundation has given a guaranteed loan to the protocol, ensuring complete compensation for users.
- The funds are focused only on the deceased assets, separated from the frozen funds pending a chain vote.
- The Nasdaq submitted a 19B-4 proposal for 21Shares to list an ETF Spoi Spo, Naming Bitgo and Coinbase Custoda as guards. .
While the wider market of cryptography continues to consolidate, follow
Sui
$ 3.65
24h volatility:
5.3%
COURTIC CAPESSION:
$ 12.18 B
Flight. 24 hours:
$ 1.76 B
Price has increased by 8% today in the midst of key developments such as the SUE ETF deposit and the Foundation Follow Announces major funding in the Cetus pirated protocol, to compensate for all users faced with heavy losses.
Consequently, the SUP price jumped 8% today, going to $ 3.75 once again, daily negotiation volumes pulling $ 1.25 billion. Following the hacking of 220 million dollars of the Liquidity Protocol based on SU last week, the Suppre price went from $ 4.2 to $ 3.4 before recovering again. While the SUP foundation arrives at the rescue of investors, there is a renewal of hope within the community.
Sun Price to see the upcoming burst?
The renowned crypto analyst, Crypto Patel, expressed his optimism on the potential of $ suis to reach $ 10 during the current Bull race. In his recent analysis, he noted that sui continues to take a market momentum with the upper structure remaining intact, without any signs of slowdown at the moment.
Will $ Sui Hit this bull $ 10?
Our first entry was $ 0.60 – and the trend still seems strong! 🔥
If the price plunges into the request zone of $ 3.10 to $ 2.50, I will accumulate more.Still optimistic structure. Intact momentum.
I’m just waiting for a clean reteeste before the next step. … pic.twitter.com/hxbnrtr9q5– Crypto Patel (@Cryptopatel) May 27, 2025
He noted a key demand zone between $ 3.10 and $ 2.50, where he plans to accumulate more if prices return to this level. “I’m just waiting for a clean reteeste before lightness,” said Patel, keeping confidence in the ascending trajectory of Sui.
The SUP Foundation arrives at the rescue
In a major announcement On May 27, the SUP Foundation provided a guaranteed loan to Cetus to compensate for all of the user losses.
The Cetus team plans to use the loan product, combined with assets of the treasury, to compensate for the losses of the stolen funds punctuated by the SUP network. This loan allows Cetus to cover losses beyond its internal financing capacity.
In addition, the funds will exclusively approach the Ponted assets and are separate from the frozen funds currently subject to a community chain vote. This evolution has led to a positive feeling on the market around Altcoin.
Nasdaq submits 21Shares Su Etf Filling to US Dry
The NASDAQ has submitted a proposal for 21Shares to list a SPO SPO Fund Exchanged negotiated (ETF) with the Securities and Exchange Commission (SEC) of the United States.
21Shares proposed the Bitgo and Coinbase guard as guards to keep up safely on behalf of the trust. Before that, Canary Capital submitted both 19B-4 and S-1 deposited for an ETF SPOI SPO.
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Bhushan is a fintech enthusiast and has a good flair in understanding the financial markets. Its interest in the economy and finance draws its attention to the new technology of emerging blockchain and the markets of cryptocurrencies. He is permanently in a learning process and motivates himself to share his acquired knowledge. In free time, he reads fiction novels to thriller and sometimes explores his culinary skills.
