CoinDesk 20 performance update: SUI drops 4.9%, as index trades lower
Analysis
Price Impact
MedSui has seen a significant drop of 4.9% in a day, indicating notable selling pressure. this is a considerable movement for a single day, impacting its short-term momentum.
Trustworthiness
HighPrice Direction
BearishThe 4.9% drop is a clear bearish signal for sui in the short term. it's the largest laggard in the coindesk 20, suggesting negative sentiment or selling pressure specific to the asset.
Time Effect
ShortThe update refers to daily performance ('drops 4.9%', 'from monday'), indicating that the price impact is immediate and affects the current trading session or the very near future.
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Article Content:
CoinDesk Indices Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email CoinDesk 20 performance update: SUI drops 4.9%, as index trades lower Bittensor (TAO), down 4.4% from Monday, joined Sui (SUI) as an underperformer. By CoinDesk Indices May 12, 2026, 1:16 p.m. 1 min read Make preferred on C oinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index . The CoinDesk 20 is currently trading at 2196.49, down 1.6% (-36.49) since 4 p.m. ET on Monday. Three of 20 assets are trading higher. Leaders: CRO (+1.9%) and BNB (+0.2%). Laggards: SUI (-4.9%) and TAO (-4.4%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. CoinDesk Indices CoinDesk 20 charts Prices More For You CoinDesk 20 performance update: SUI surges 25% over weekend By CoinDesk Indices 23 hours ago Cronos (CRO), up 9.7% from Friday, joined Sui (SUI) as a top performer. Read full story Latest Crypto News Hot inflation data pours cold water on Federal Reserve rate cut hopes 29 minutes ago CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings loss 41 minutes ago DTCC builds out blockchain-based collateral system with Chainlink integration 1 hour ago Exodus dumps 1,000 bitcoin: Why the crypto wallet is cashing out to fund a payments empire 1 hour ago Bitcoin will 'explode' past $90,000 and hit $126,000, Arthur Hayes says 1 hour ago Crypto markets stalls before inflation data as XRP, SOL rebuffed from key price levels 2 hours ago Top Stories Clarity Act, in the flesh, unveiled by U.S. Senate Banking Committee before hearing 8 hours ago 'A big nothing burger': A Q&A with Strategy's Michael Saylor on selling bitcoin 16 hours ago 'Bitcoin transactions can be monitored’: Ray Dalio explains why central banks won’t touch BTC 7 hours ago ETH/BTC ratio falls to 10-month low as ether continues to underperform bitcoin 2 hours ago Bitcoin miner MARA sold $1.5 billion of bitcoin as it shifts toward AI infrastructure 5 hours ago Aave launches binding Arbitrum vote to move $71 million in disputed ETH 6 hours ago