The SUI (sui) ecosystem has experienced considerable headwind in recent days after the CETUS Protocol (CETUS) Hack. While the sui -validators were not exchanged the majority of stolen funds in different chains, the network was criticized because of its centralized board.
In an attempt to guarantee transparency and maintain the trust of users, the SII network has drawn up an on-chain voice involving users and validators. The community will be in the next seven days to vote About the all -emerge of a network upgrade to restore the $ 162 million stolen by the hacker, but was frozen on the chain.
Meanwhile, it is CETUS protocol announced That the Sui Foundation has offered a loan to cover the remaining $ 60 million, so that all affected users are made again.
SUI prize signals in the short term rebound
After the announcement, Sui Price won more than 5 percent in the last 24 hours to trade around $ 3.68 on Tuesday during the Late North -American trade session. The announcement also had a positive influence on the CETUS protocol, where the CETUS price gathered more than 17 percent in the last 24 hours to act at around $ 0.1527 at the time of this writing.
From the point of view of technical analysis, Sui Price has prepared for a bullish continuation for the past three weeks. In addition, the large Cap Altcoin, with a completely diluted appreciation of around $ 36.8 billion and a 24-hour average trade volume of around $ 1.3 billion, has set up a macro-increasing trend since the end of 2023.
In the daily period, Sui -price is consolidated in a falling symmetrical channel, possibly a bullish continuation pattern. After today’s bullish rebound, from the lower border of the falling symmetrical channel, Sui Price is well positioned to gather high in the short term to a new of all time.