In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.
SUI's price has been making headlines recently, as it surged dramatically to a new all-time high (ATH) of $4.86, signaling massive investor confidence. Over the past few days, the price has risen by 35%, driven by an impressive spike in trading volume.
ENA surges 18.05%, breaking key resistance and signaling potential for $1.53 target.
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.
The price of the native token of the Layer-1 blockchain Sui (SUI) has soared by more than 23.8% in the last 24-hour period to now stand at $4.69, after hitting a new all-time high around $4.9 following an announcement on the integration of Backpack with the Sui network.
Grayscale Investments has introduced new trust products for Optimism and Lido DAO.
SUI price hits a fresh all-time high with soaring open interest suggesting a strong rally for the altcoin with analysts predicting a breakout above $5 and a rally to $10.
TL;DR Sui (SUI) reached a new all-time high of $4.86 on December 12, 2024, following a 25% rally driven by the integration of the Backpack exchange and wallet. The integration boosted Sui's DEX volume to a record $466 million in a single day, enhancing user experience and liquidity on the platform.
SUI, the native token of the Layer-1 blockchain Sui, has been on a tear over the past 24 hours. Its price reached a new all-time high of $4.91 during Thursday's early Asian session amid an uptick in trading activity.
Sui, the native token of the Sui blockchain, has shown significant growth in recent months, claiming a new price peak during the latest broader market recovery. Notably, Sui (SUI) recently hit a new all-time high of $4.
Since the markets recovered after gaining some momentum in recent days, altcoins have gained significant traction. In the meantime, the SUI price attracted a huge buying volume as the trading volume surged by above $3.6 billion.
With Bitcoin reclaiming the $100,000 price as support, the crypto market seemed primed to continue its uptrend. As a result, many altcoins followed Bitcoin's lead, with some even noting new highs.
Discover the top projects in the Sui ecosystem for 2024, showcasing diverse DeFi and infrastructure innovations, driven by user engagement and community votes.
Ethena (ENA) has found itself caught in a price pullback after an impressive week of gains. Despite this temporary setback, the 52nd largest cryptocurrency by market cap is showing signs of potential recovery.
The crypto prices today showed bullish momentum, with Bitcoin trading above $100K. Major altcoins like Ethereum rose by 6%, while XRP and Solana gained 5% to 6%.
SUI, the digital asset driving the Sui Network, reached a pivotal milestone, closing the week at $4.23. This marked a 35% increase within a week, highlighting renewed confidence in the blockchain's capabilities.
Backpack, a leading exchange and wallet, integrates Sui's high-performance blockchain to enhance user experience, expanding opportunities for projects and users across multiple platforms.
The crypto market recently experienced a sharp decline of almost 500 billion, while Bitcoin even shed about 8% of its value. However, the altcoin market saw almost a 10% to 20% dip. Amidst this turbulence, experts have accumulated 8 top altcoins with strong potential for gains in the next bullish cycle.
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The Sui Foundation launches a grant program to fund DeepBook, its native liquidity layer, fostering decentralized finance growth through targeted project support.
Ethena Labs is going through the most rapid expansion of the USDe supply in its history, boosted by bullish crypto sentiment.
A significant whale transaction caught the crypto community's attention. A whale, using the wallet address “0x972,” made a massive swap, shifting from Uniswap (UNI) tokens to DYDX, the native token of the decentralized exchange (dYdX).
SUI has recently experienced a 13% price drop, which followed a failed attempt to form a new all-time high (ATH).
The cryptocurrency market is experiencing renewed interest following a $1.7 billion liquidation event that significantly affected traders and market cap. Despite the setback, a recovery trend is emerging, with altcoins showing resilience and potential for growth.
Crypto exchange Bybit has announced the addition of Sui to its recently launched On-Chain Earn platform. On Dec.
Sui is re-thinking what blockchains can be. And this year, many of Wall Street's largest institutions are taking note.
TL;DR Bluefin will launch its native token, BLUE, on December 11, 2024, allocating 17.15% of the total supply to an airdrop for various strategic communities. Beneficiaries include projects from the Sui ecosystem, NFT communities, and collaborators on chains like Solana and EVM networks.
With Uniswap, World, Kraken, and Sony's Blockchain Labs all adopting Optimism technology, Optimism was a clear winner in the Ethereum scaling race this year.
SUI token achieved its highest weekly close at $4.23, marking a 35% gain over seven days, driven by increased trading volume, developer activity, and institutional interest.
DYDX's price action over the next few days could be very interesting.
SUI closes the week at its highest-ever price since launch, driven by strong market confidence, rising demand, and a bullish network.
The stablecoin market has crossed an impressive $200 billion in value, with the top three fiat-pegged tokens experiencing notable growth over the past month. Ethena's USDE has taken center stage, climbing over 89% since Nov. 9. USDE Supply Soars, USD0 Issuance Climbs a Staggering 91% As of Monday, Dec. 9, stablecoin data from coingecko.
After briefly reaching $1, ENA holders have started selling the asset.
Bitcoin (BTC) continues to battle resistance at the psychologically critical $100,000 level, sparking speculation about the future of altcoins like Dogecoin, Pepe, SUI, and Fantom. The cryptocurrency markets current trends indicate consolidation for Bitcoin, while certain altcoins hint at bullish patterns that could signal significant gainsor devastating losses.
Bitcoin's consolidation in the $100,000 range is giving traders an opportunity to take a closer look at DOGE, SUI, PEPE and FTM.
Creditcoin, Spacecoin, Sui and Walrus are working on a joint project aiming to improve connectivity and access to financial services in underserved regions via satellite networks.
The Sui (SUI) cryptocurrency has experienced remarkable growth in recent months, attracting considerable attention within the crypto community. As of December 2024, SUI is priced at $4.40, reflecting a significant surge of over 461% this year.
Dogecoin eyes a breakout, SUI tests resistance, while FX Guys (FXG) gains traction with its trader-focused decentralized trading ecosystem #pressrelease
SUI has been on an impressive upward trajectory, but signs of potential exhaustion are beginning to emerge. Key technical indicators now suggest the cryptocurrency has entered overbought territory, sparking speculation about whether a pullback could be on the horizon.
The cryptocurrency Sui (SUI) is maintaining its bullish trajectory, showing strong signs of upward movement despite facing some short-term volatility. While the coin consolidates below the $4.00 mark, recent technical indicators and liquidation data point toward the possibility of higher prices in the near future.
Ethena (ENA) is catching the attention of investors and analysts alike. Over the past 24 hours, Ethena has surged by 12.61%, extending its 7-day rally to 34.22%.
Kraken has announced upcoming listings for several tokens on December 11 and 12. The exchange will introduce FWOG (FWOG), GOAT (GOAT), and SPX (SPX) on December 11.
Kraken has announced upcoming listings for several tokens on December 11 and 12. The exchange will introduce FWOG (FWOG), GOAT (GOAT), and SPX (SPX) on December 11.
TL;DR dYdX price rises 24% after David Sacks is appointed as AI and crypto “Czar” at the White House. Trading volume increases by 270%, reaching $453 million, and its market capitalization rises to $1.5 billion. Craft Ventures' investment in dYdX and Sacks' appointment as “Czar” generate strong bullish sentiment, with net investment flows surpassing $2.
Today, Bitcoin's price experienced a significant drop from its $100K level, while the altcoin market remained strong. Among the standout performers, the price of dYdX soared over 35%, reaching the $2.5 resistance mark. Triggered by increasing demand and positive news, analysts are bullish that the dYdX price may soon surpass the $3.2 resistance level.
Sui Network (SUI), a high-performance layer-1 blockchain, recently achieved a new all-time high (ATH) of $4.47, marking an impressive 80% gain over the past month. However, the token has since seen a slight pullback to $4.15, registering a 1.61% dip in daily trading.
Following the appointment of David Sacks as AI and crypto czar, DYDX saw a 35% price rally, with daily trading volumes surging by 168%, amid links to Sack's venture capital investment firm.
SUI price has all the elements of a sustained upside, with strong growth in its DeFi performance. What are the odds of a decline?