How going all-in on SUI during a market dip almost fried my nerves

That’s when I stumbled on SUI. Built by the team from Mysten Labs, spun out of Meta’s Diem project, it promised a completely new approach to scaling with its object-oriented model and parallel execution. 

It sounded like the kind of tech that could actually break the endless cycle of congestion and fees that plague most blockchains. I decided to take a small but meaningful leap and picked up a bag of SUI. At the time, it felt like a quiet move in a noisy market with no hype, just curiosity and a little conviction.

But conviction gets tested fast in crypto. Not long after I bought, the market sagged, and SUI dipped harder than most majors. My portfolio looked worse by the week, the kind of steady decline that eats away at confidence. And then this year came the headline I dreaded: an exploit.

This month, the Nemo Protocol on SUI got hacked, draining over $2 million in stablecoins. The news shook me. If apps on SUI were vulnerable, was I betting on a flawed ecosystem? My gut screamed to pull out before it all unraveled, to protect what was left. Many nights I stared at my screen, refreshing charts, my stomach twisted in knots. I almost sold everything just to silence the fear.

Instead, I forced myself to stop doom-scrolling and start digging. The more I studied, the more I realized SUI wasn’t just another speculative play. Its architecture is genuinely different. The way it handles transactions in parallel, the speed of its consensus, the scalability baked into its design… it reminds me why I bought it in the first place.

Recently I caught wind of something bigger: Canary Capital filing for a spot ETF tied to SUI in March 2025. That is no small signal. Institutions are starting to see what I saw. Then news broke of Google’s Agentic Payments Protocol choosing SUI as a launch partner, a massive stamp of credibility. If giants are paying attention, maybe my conviction wasn’t misplaced after all.

I’ve held through the storm. And slowly, momentum has shifted. The SUI Group added 20 million tokens to its treasury, pushing reserves to more than $344 million, strengthening the foundation. What had once been a sinking red blot in my portfolio has turned into something green and alive. I remember the day my balance doubled almost overnight after positive headlines rolled in,  it felt surreal. The bag I nearly abandoned has become one of my strongest positions.

Looking back now, I’d tell my younger self: you don’t win by chasing the crowd, you win by standing your ground when the ground itself feels shaky. Belief has to be tempered with research, and fear has to be balanced with patience.

So I’ll ask you this: have you ever backed an underdog like SUI when no one else believed? Did you hold through the sleepless nights, or did you cut loose before the tide turned?

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