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Sui hits 1,539 TPS on May 30, 2026 as outages weigh on SUI’s weekly drop
Sui posted a new yearly throughput high of 1,539 transactions per second at 02:00 UTC on May 30, 2026, while traders digested a separate stretch of network slowdowns. SUI slid 14.7% over the week to $0.9017 after failing to hold $1.00, with the selloff accelerating around May 28 as congestion signs appeared. Market attention is now split between the scalability milestone and whether reliability stabilizes.
SUI
SUI-2.51%
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SIMD-547 Could Lift Solana’s Daily SOL Burns From 648 to 10,800–64,800
Solana co-founder Anatoly Yakovenko has signaled support for the SIMD-547 proposal, which would add a resource-based burn on computationally expensive transactions. Estimates cited in the report put daily SOL burned rising from 648 SOL to 10,800–64,800 SOL, potentially changing supply dynamics as network usage increases. Separately, a SOL/USD weekly chart snapshot taken at 08:57 UTC on May 31, 2026 showed SOL closing at $82.72, down 2.88%, with RSI at 34.62.
SOL
SOL-5.48%
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XRP Holds Near $1.336 Fibonacci Support as RSI Sits at 42.62 (May 31, 2026)
On May 31, 2026, XRP was trading around $1.33–$1.3357 while resting on the 0.786 Fibonacci level at $1.336, after rejecting above $1.40 in recent weeks. A daily hold could refocus attention on $1.381 and the nearby 50/100 SMA cluster, while a breakdown would put $1.278 back in view. RSI stood at 42.62, and Santiment data showed 25.24M XRP left exchanges on May 29–30 following a 22.80M XRP inflow on May 28.
NEAR
NEAR+9.84%
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ONDO tests $0.34 support after 6M token deposit worth about $2.13M to Bybit
ONDO slid to $0.346 after a whale deposited 6 million ONDO (about $2.13 million) to Bybit, deepening losses to more than 7% over the prior 24 hours. Despite that inflow, spot netflow stayed negative at roughly -$571.66K, indicating more tokens moved off exchanges than onto them. With RSI near 45 and funding at about -0.0020%, traders are watching whether buyers can hold the $0.34 support zone.
ONDO
ONDO+19.00%
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