Key Highlights:
- Sui achieves 300ms finality with Mysticeti v2.
- Sui announces partnership with Crypto.com
- SUI dropped by 3% today, November 12, 2025, even though it showed a strong technological and institutional backdrop.
Sui Network, a Layer-1 blockchain that is known for its rapid transaction finality, recently announced that it has achieved an impressive 300ms end-to-end confirmation with its latest Mysticeti v2 consensus upgrade. Despite these technological advancement, the native SUI token is currently experiencing a pullback.
Mysticeti v2 makes Sui faster and more efficient
The Mysticeti v2 upgrade speeds up how SUI checks transactions by building the validation step into the main agreement process, removing the slowdowns that were observed earlier.
Along with a Transaction Driver that lowers data usage and processor work by smartly directing transactions between validators, the upgrade cuts delay clearly, about 35% in Asia and 25% in Europe.
With these gains, Sui can aim for an even faster finality time of 200 ms, which is its next goal as posted by Adeniyi Abiodun, co-founder of Mysten Labs on his X account
With 3 major upgrades in 2 years, @SuiNetwork now runs at 300ms END-TO-END finality.
Next target: 200ms!! pic.twitter.com/zNN6dmQLnZ
— Adeniyi.sui (@EmanAbio) November 11, 2025
Sui-Crypto.com Partnership Opens doors for Institutional Adoption
Moreover, Sui has teamed up with Crypto.com so that it can introduce secure custody services specifically for SUI tokens, that are aimed at large institutions such as funds or corporate investors. This partnership provides regulated cold-storage (offline and highly secure) along with transparent auditing, so institutions can store and track their assets with confidence.
Sui’s momentum with institutions is compounding.@cryptocom has launched regulated custody + liquidity support for $SUI – giving institutions clients a secure, compliant way to store, manage, and access deep liquidity for SUI.
Learn more 👇 https://t.co/joS5Wm5VYn
— Sui (@SuiNetwork) November 11, 2025
In addition, these clients get easier access to liquidity and quicker conversion between SUI and other assets, which reduces operational hassle. With this move, Sui is helping big players to enter the ecosystem easily.
Key Drivers Behind SUI’s Recent Decline
Even though there was a strong positive momentum going around the SUI token, its price slipped more than 3% today, November 12, 2025. One of the main reasons for this dip could be the overall downfall of the crypto market. This downfall has been triggered by uncertainty around the U.S. government shutdown. The U.S. House of Representatives was preparing to vote on ending a 42-day shutdown, but the lack of clarity caused investors to sell across the crypto market.
At the time of publishing, the price of the token stands at $2.02 with a dip of 3.2% in the last 24 hours as per CoinMarketCap.
According to CoinMarketCap, the Fear & Greed index has dropped down to 26, which indicates extreme fear amongst the investors. In such situations, investors prefer to move their money into something that is much more safe. Investors usually end up moving their money into Bitcoin, and altcoins like SUI suffer.
SUI had climbed 2.18% the previous week and touched nearly $2.20, so many traders chose to secure their profits This was visible in the derivative market, where open interest fell 15% from $1.79 billion to $1.52 billion, showing that traders were closing leveraged positions.
Lower leverage usually slows down sharp rebounds, meaning the price may need time to stabilize. Overall, this move looks like normal profit-booking rather than a sign of weakness in the project.
As of now, SUI is struggling technically after failing to break the 23.6% Fibonacci level near $2.30, with the 7-day moving average at $2.08 acting as resistance. Unless bulls close above $2.30, the price is likely to retest support near $1.93. The RSI at 34.86 indicates oversold conditions, limit further sharp declines. Rebound is likely if SUI holds above the $1.93 mark.
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