🔥 Hot News on Sui Blockchain: May 2025
🚀 1. Rocketing DEX Volumes
Sui set a new record in DeFi: trading volume on decentralized exchanges (DEX) reached $48.4 billion in the first half of 2025, outperforming blockchains like Avalanche, Polygon, Optimism, and TON. (coinedition.com)
💥 2. Cetus Hack: $260 Million at Stake
The largest DeFi platform on Sui, Cetus, suffered a hacker attack resulting in a $260 million exploit. Thanks to quick actions by validators, most funds were frozen, but this caused temporary token price crashes. (ccn.com)
📈 3. Price Forecast: $6 on the Horizon
Technical analysts predict SUI could reach a new all-time high of $6. Institutional investor support, growing active addresses, and reduced token unlocking pressure create favorable conditions for growth. (thecryptobasic.com)
🧩 4. ETF on the Horizon
Canary Capital filed for an ETF linked to the price of SUI. If approved by the SEC, this would be the first SUI ETF and open the door for wider institutional participation. (reuters.com)
🧠 5. Ecosystem Development
Sui is actively expanding its ecosystem: from gaming to infrastructure. At Basecamp 2025 in Dubai, new projects like SuiPlay0X1 and new consensus protocols Mysticeti and Pilotfish were showcased. (sui.io)
🔮 6. Price Prediction for 2025
Analysts forecast SUI’s price may range from $1.71 to $10.80 by the end of 2025, depending on market conditions and ecosystem growth. (ccn.com)
🔗 Conclusion
Sui continues to deliver impressive results in DeFi, expanding its ecosystem and attracting institutional investors. Despite recent challenges like the Cetus hack, Sui remains one of the most promising Layer 1 platforms.
#SuiBlockchain #DeFi #SUI #CryptoNews #Blockchain
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