On May 29, 2026, SUI traded around $0.905, down 2% on the day and roughly 18% on the week after losing the $0.927 0.786 Fibonacci level and an ascending trendline. The token is also below SMA50 ($1.005), SMA100 ($0.967) and SMA200 ($1.218), while the next chart support is flagged near $0.80–$0.82 and $1.030 (0.618 Fib) is described as a key resistance zone.

Arbitrum has put forward a governance proposal to extend funding for the Arbitrum Foundation through 2027, requesting $16 million in RWAs and stablecoins, 1,740 ETH, and 230 million ARB. Market participants estimate the package is worth roughly $43 million at current prices, while the filing lists 2025 gross profit at about $23.49 million and highlights ongoing growth in activity and assets on the network.

On May 29, nine additional long-idle bitcoin wallets moved 370 BTC worth about $27.9 million, bringing the week's total to more than 665 BTC shifted from long-silent addresses in under 48 hours. Earlier, 19 transfers from legacy P2PKH wallets created in 2014 and 2015 moved 665 BTC valued at just over $48 million while BTC traded below $74,000. Separately, data cited from checkonchain.com shows 103,913.94 BTC (estimated at about $7.6B) has left dormant addresses aged five to 15 years in 2026.

Sui experienced additional downtime on Friday morning after Thursday's 5 hours and 55 minutes outage that it attributed to a bug introduced in the v1.72 gas-charging logic. The team said network activity may be paused while it investigates, as Suiscan showed the chain had not produced a block for nearly two hours. SUI traded around $0.90, slightly lower on the day.

Bitcoin traded around $73,200 on Thursday after failing to hold a rebound, with broader crypto selling keeping pressure on price. US spot Bitcoin ETFs logged $229 million of net outflows on May 28, stretching the negative streak to nine days and putting weekly outflows near $1.3 billion. Options and on-chain signals also point to fragile sentiment as BTC slipped below $73,000 and briefly neared $72,500.

NEAR Protocol rolled out Universal Send, a tool designed to let users route any token to any supported blockchain in one transaction while keeping sender details and transfer amounts private. NEAR gained more than 3% over the last 24 hours and traded at $2.43 at press time as the launch coincided with a mild altcoin rebound.

HBAR rallied 12% and was quoted at $0.093, sitting slightly above the mid-tier Bollinger Band while traders watched whether it can stay over $0.094. Technical signals were mixed: SuperTrend and parts of TSI turned positive, but CMF remained negative, suggesting cautious flows.

Chainlink (LINK) is trading around $8.92 after falling about 9.7% over the past seven days, while price held a 24-hour band between $8.81 and $9.06. A Mastercard partnership rolling out a fiat-to-crypto routing gateway has renewed attention on adoption, but key levels remain $9.02 resistance and $8.85 support with the broader trend still bearish.