Sui crosses 6 billion transaction blocks as SUI returns to $1.20
- —Sui surpassed 6 billion transaction blocks, each able to bundle multiple actions
- —SUI climbed from $1.00 on the 25th to $1.29 by the 27th, then fell back to $1.10
- —Open interest in SUI reached $422 million as funding rates spiked
- —Scorechain added Sui to its compliance monitoring platform
Why it matters: Rising funding rates with crowded longs raise the risk of sharp liquidations if price stalls.
Source: AMBCrypto