CandleFocus

Sui Network Staking Fix Coming Oct 27th as SUI Price Tumbles to $1.70

Sui Network has announced a fix for the bug that caused a disruption in staking rewards distribution. The fix is scheduled to go live on October 27, with users advised to avoid unstaking until epoch 564 begins. The network assures that no funds were lost during the interruption and that the distribution process will be restored. Despite a price drop, trading activity has surged, with volume increasing by 74.63%. The current price of Sui is $1.79, and technical indicators suggest bearish momentum and weak momentum. This information is for informational purposes only and readers are advised to exercise caution.

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