Activity on the Sui mainnet resumed late Thursday following a prolonged network stall, with the team confirming in an X post that block production and transaction processing are now back to normal.
Sui (SUI) is down roughly 3% at press time on Friday, extending a five-day decline so far this week. Retail demand for the SUI token is waning as the market shifts attention away from underperforming layer-1 tokens. The technical outlook is bearish, pointing to a double-digit drop to $1.00.
Chicago Mercantile Exchange (CME) Group announced Tuesday that it will launch futures contracts tied to Avalanche (AVAX) and Sui (SUI) in May, expanding its offerings beyond Bitcoin (BTC), Ethereum (ETH) and a growing list of Layer-1 assets.