#SUI Coin Price News Today 16-1-2026 - Elliott Wave and technical analysis of SUI, focusing on market structure, key support and resistance zones. Video by More #Crypto Online.
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The price of Sui (SUI) is approximately $1.79 as of January 16, 2026, experiencing a slight decline of about 3% over the last 24 hours. Despite this short-term cooling, SUI has had a remarkably strong start to 2026, surging 38% earlier in the month and outperforming major assets like Bitcoin and Ethereum.
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Recent News & Key Catalysts
--Mainnet Outage Post-Mortem: The network experienced a 6-hour halt on January 14, 2026, due to a validator consensus bug. While operations are restored, a full post-mortem report is expected on January 28.
--Institutional Interest: Momentum is driven by spot SUI ETF filings from Bitwise and Canary Capital, signaling growing Wall Street interest.
--Upcoming Events: A DeepBook (DEEP) X Spaces event is scheduled for today, January 16, 2026, at 12:00 ET to discuss new liquidity initiatives that could impact the ecosystem's trading stack.
--Privacy Narrative: Recent research from Mysten Labs regarding native private transactions has bolstered investor confidence in Sui's 2026 roadmap.
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