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Sui: Halt Proves Design Over Uptime Risks | Flash News Detail | Blockchain.News
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6/17/2026 1:30:00 PM

Sui: Halt Proves Design Over Uptime Risks

Sui: Halt Proves Design Over Uptime Risks

Sui network outage caused zero losses per Kostas Chalkias, with SUI at $0.79 showing neutral RSI 54.18 and MACD death cross on 4h chart.

Source

Analysis

Sui blockchain halted without any lost funds, a deliberate outcome driven by co-founder Kostas Chalkias who prioritized safety over continuous operation unlike prior Facebook practices. SUI trades at $0.79. With price testing upper Bollinger resistance at $0.83 while RSI holds neutral at 54.18 yet MACD registers a bearish death cross, a healthy retracement toward EMA50 support at $0.78 looks probable before continuation inside the $0.75 lower band.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast

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