{"id":158123,"date":"2025-05-26T18:00:57","date_gmt":"2025-05-26T15:00:57","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=158123"},"modified":"2025-05-26T17:05:48","modified_gmt":"2025-05-26T14:05:48","slug":"sui-bounces-back-after-exploit-analysts-predict-strong-rebound","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/sui-bounces-back-after-exploit-analysts-predict-strong-rebound\/","title":{"rendered":"SUI Bounces Back After Exploit &#8211; Analysts Predict Strong Rebound"},"content":{"rendered":"<p data-start=\"406\" data-end=\"711\">Roughly $162 million in stolen assets tied to a smart contract attack were frozen within the SUI network, thanks to an emergency maneuver by network validators who selectively blocked activity from the hacker\u2019s addresses. Another $60 million, however, ended up on Ethereum and remains beyond direct reach.<\/p>\n<p data-start=\"713\" data-end=\"952\">To recover the rest, the Cetus team and SUI Foundation are coordinating efforts and even proposed a $6 million white hat bounty to the attacker in exchange for returning the Ethereum\u2014promising no legal action if the funds remain untouched.<\/p>\n<p data-start=\"713\" data-end=\"952\"><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-158115\" href=\"https:\/\/cryptodnes.bg\/en\/michael-saylors-strategy-expands-bitcoin-holdings-again-adds-over-400m-in-latest-buy\/\" title=\"Michael Saylor&#8217;s Strategy Expands Bitcoin Holdings Again, Adds Over $400M in Latest Buy\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/06\/michael-saylor-bitcoin.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Michael Saylor&#8217;s Strategy Expands Bitcoin Holdings Again, Adds Over $400M in Latest Buy<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p data-start=\"954\" data-end=\"1196\">Despite the breach, SUI\u2019s native token has risen nearly 4%, with traders shrugging off concerns of centralization. An official statement clarified that validators independently chose to block addresses and can reverse those decisions at will.<\/p>\n<p data-start=\"1198\" data-end=\"1559\">From a technical perspective, trader Michael_EWpro <strong><a href=\"https:\/\/x.com\/Michael_EWpro\/status\/1926768380008079491\" rel=\"nofollow\">believes<\/a><\/strong> SUI is completing a textbook Elliott Wave correction. His chart points to a potential bottom near $1.50\u2013$1.80, with a strong rebound possibly pushing the asset as high as $20. Volume data also hints at minimal resistance between $4 and $10, which could support an explosive move if the trend reverses.<\/p>\n<p data-start=\"1561\" data-end=\"1726\" data-is-last-node=\"\" data-is-only-node=\"\">While short-term pressure isn\u2019t off the table, bulls are watching closely for signs of a breakout\u2014especially if SUI can confirm its next leg higher from the $2 zone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a major exploit rocked its top decentralized exchange, the SUI blockchain is showing signs of recovery\u2014both technically and in market sentiment.<\/p>\n","protected":false},"author":3,"featured_media":150303,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[271,372],"coin_category":[],"class_list":["post-158123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-ethereum","tag-sui"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SUI Bounces Back After Exploit - Analysts Predict Strong Rebound<\/title>\n<meta name=\"description\" content=\"After a major exploit rocked its top decentralized exchange, the SUI blockchain is showing signs of recovery\u2014both technically and in market sentiment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" 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