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Crypto & Bitcoin

SUI Price Defends 200 EMA as Sui Brings Quantum Security to Devnet

Reported by Alexander Stefanov, ETHNews

Image: ETHNews

SUI is defending its 200 EMA near $1.03 inside a descending triangle that reaches its apex this week. Sui processed its first native quantum-resistant transaction on Devnet using the NIST-standardized ML-DSA-65 algorithm. Users will be able to keep their existing addresses and recovery phrases when switching to post-quantum keys. Quantum-resistant accounts are targeted for Mainnet in early 2027, depending on independent audits. SUI is holding its 200-period exponential moving average (EMA) near $1.03 on the 4-hour chart, a level buyers have defended twice since October 8. The token trades at $1.05 after an 11.66% weekly drop .

This is an excerpt. The reporting belongs to ETHNews.

Read the full report on ethnews.com
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