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SUI Token Dips Below Key $3.50 Level After $223M Cetus Protocol Exploit
SUI Token Dips Below Key $3.50 Level After $223M Cetus Protocol Exploit
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[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
Sui’s native token sui has dropped below the crucial $3.50 support level following a $223 million exploit on Cetus Protocol, a leading decentralized exchange within the Sui ecosystem. This security breach ranks among the largest DeFi hacks of 2025, reversing recent gains that pushed SUI to a peak of $4.29 on May 12.
Market sentiment has turned bearish as investors reevaluate risks in Sui’s DeFi sector. The network had previously gained momentum through institutional backing and real-world asset tokenization projects. SUI currently trades at $3.47, reflecting a 1.90% decline over the past 24 hours.
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