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.

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.

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.

Sui reported a fresh mainnet network stall on May 29, only hours after the chain restarted from a prior outage linked to validator infrastructure. The earlier incident on May 28 lasted 5 hours and 55 minutes and recovery required >2/3 of validator stake to upgrade to a fix for a crash bug introduced in the 1.72 release.

VanEck has introduced what it calls the first U.S. spot BNB ETF, listed on Nasdaq under the ticker VBNB with a 0.39% management fee and BNB held in cold storage. CoinMarketCap flagged the announcement on May 28, as the broader crypto market faced pressure. A 30-day snapshot taken around 11:17 UTC on May 29, 2026 showed BNB closing at $640.13, up 1.8%, with a BTC-relative reading of ₿0.00869.

XRP began responding more closely to fundamentals over the past week after triggering Santiment's "social_price_correlation" signal. The shift coincided with Ripple's non-public secondary share price rising 376% all-time to $136.90, alongside multiple U.S. policy and XRPL catalysts in May. Despite the news flow, XRP traded between $1.39 and $1.47 and was still down 26% since the start of 2026.