Sui (SUI) trading volumes have gone up by 165% in the past 24 hours and have pushed the token nearly 25% higher after it broke above a key resistance.
The crypto market is surging along with the broader financial market after Treasury Secretary Scott Bessent stated during a closed-door meeting that the trade war between the US and China is unsustainable. Bitcoin (BTC) continued its upward trajectory, crossing $93,000, a key resistance level.
The SUI price has risen above the bearish trend that it held since the start of the year, when it marked a new ATH above $5.3. With this breakout, the token has triggered a fresh upswing, which is believed to secure an important resistance level.
The broader crypto market saw a wave of green today, and among the standout performers is Sui ($SUI), which has posted eight consecutive green candles within 24 hours, a 27% surge. The rally follows a renewed appetite for risk in the market, triggered in part by U.S.
Sui has logged eight green candles and a 27% jump as memecoin activity has lifted network volume 54.7% to $4.47 billion. Developer engagement has risen, and a spot ETF filing has bolstered sentiment. Charts have confirmed an ABC breakout pattern that targets $3.20 and possibly $8.99. The post Sui Rockets 27% on Memecoin Frenzy—Will Bulls Break $3.70? appeared first on Cryptonews.
As Bitcoin (BTC) passes $94,000, the altcoins are following. Layer 1 networks Ethereum (ETH), Solana (SOL), and Sui (SUI) are among the top altcoins starting to outperform the number one cryptocurrency.
Sui (SUI) breaks key resistance with 20% rally as network growth and easing trade war concerns fuel optimism for continued gains.
BTC sits at a multi-week peak of over $94,000.
SUI crypto has gone up by by nearly 32%, upholding the positive momentum from the previous trading day. SUI-based meme coins such as MIU, LOFI and BLUB have also gained popularity.
The saying “A rising tide lifts all boats” perfectly captures the current state of the crypto market, as Bitcoin's rise has propelled altcoins higher. Among the beneficiaries are the crypto tokens within the SUI network.
April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.
April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.
The Sui (SUI) price has experienced a major bullish breakout in tandem with a pump in the broader crypto market on positive trade war headlines, breaking a key resistance level in the process, and opening up the possibility of further rapid upside in the coming days and weeks. The post Sui Price Analysis: Massive Bullish Breakout Opens Door to Rapid 2x SUI Rally appeared first on Cryptonews.
SUI has seen growth in most key metrics, partially fueled by the memecoin rally, leading to the latest price breakout.
South Korean crypto exchange Upbit has announced a new listing for an altcoin on Sui (SUI), triggering explosive price action. According to a new announcement, Upbit is supporting DeepBook (DEEP) for trading over the Sui network on its platform starting Tuesday.
TAO, the native token of AI-focused blockchain Bittensor, has been causing tension on X between Digital Currency Group founder Barry Silbert and staunch supporters of bitcoin (BTC), the original and largest cryptocurrency.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
Bittensor's (TAO) subnet ecosystem continues to capture attention with its impressive performance amidst broader market volatility. The market cap has shown substantial growth.
The cryptocurrency market is buzzing with excitment as Bitcoin (BTC) eyes $90, Fartcoin (FARTCOIN) experiences a remarkable surge, and Bittensor (TAO) garners attention from industry leaders. Bitcoin, the flagship cryptocurrency, is on the verge of breaking the $90,000 mark, driven by a combination of technical indicators and macroeconomic factors.
SUI, a blockchain project that many now call Solana's biggest rival, is suddenly back in the action. Over the past week, its price has jumped nearly 25%, going from $1.86 to around $2.32. But this quick surge is just part of a much bigger picture.
Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI).
TAO's sustained rally needs strong spot market demand otherwise it could stall in the short term.
SUI has been attempting a major price breakout on the charts.
Sui (SUI) and Litecoin (LTC) have both delivered strong gains in the past 24 hours as the market kept pushing their prices to higher levels during the weekend.
Shiba Inu (SHIB) holders have something to cheer about as the meme coin is exhibiting bullish potential, as it has registered an uptick in the past 24 hours. This development has helped SHIB flip two other assets to claim 16th place in terms of ranking by market capitalization.
Made-in-USA crypto assets Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing contrasting signals heading into the final week of April, each offering a distinct setup for traders and investors. Solana has rebounded 6% this week, reclaiming the $130 level after a 53% correction earlier in the year.
The crypto markets initiated the weekly trade with decent gains while Bitcoin price surged above $87,000 and attained significant momentum. The other tokens also surged, but the intensity was lower compared to Bitcoin. Meanwhile, the SUI price is attracting massive volume, which suggests the investors could be extremely bullish about the upcoming price action.
TAO may be likely to rally to $373 and $400 next, but traders should be prepared for a pullback.
User growth and liquidity inflows hinted at a breakout opportunity on the charts.
Barry Silbert, CEO of Digital Currency Group, has stated that Bittensor (TAO) has the potential to outperform Bitcoin (BTC) as a global store of value.
Cryptocurrency prices started the week well as traders and investors started to move back into the industry, pushing the total market cap of all coins to over $2.84 trillion. Bitcoin price jumped to $87,000 for the first time in over a week. That rally led to more gains in the altcoin market.
Bitcoin (BTC) has risen roughly 1% for the week, indicating a balance between supply and demand. Analysts expect a quiet easter weekend but are divided about the next directional move in Bitcoin.Network economist Timothy Peterson said that the US High Yield Index Effective Yield has gained over 8%.
Here is how some of your favorite assets concluded the week.
Made in USA coins like Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing very different signals heading into the last week of April.
SUI blockchain is gaining traction as its market cap nears $7 billion, driven by rising meme coin activity and DeFi engagement. Over the past week, SUIs DEX volume surged 4.49% to $2.1 billion, briefly surpassing Arbitrum to become the fifth-largest chain by DEX volume.
SUI blockchain has been gaining traction in recent weeks, and its market cap is now approaching $7 billion. Fueled by meme coin activity and rising DeFi engagement, the network has seen a notable jump in DEX volume and technical momentum.
Think you've missed the chance to catch the next big crypto wave before 2025? Not yet. As the market starts to steady and attention turns to tokens with real use cases, a select few are emerging—not from viral hype, but from practical, working solutions.
Sui is trading at a major high timeframe support region with multiple technical confluences in its favor. As price compresses and volume fades, all eyes are on this level for a potential macro reversal.
Assessing SUI's next move amid flat demand and market interest.
TL;DR Renewed investor interest in AI-related tokens has triggered strong price increases for assets like TAO (+14.19%), (+9.67%) and FIL (+6.47%). This surge is linked to Nvidia's recent visit to China and Bitcoin's current market stability.
The cryptocurrency landscape in 2025 brims with opportunities as innovative projects like Sui, Bittensor, and CartelFi capture investor attention. Sui's robust Layer-1 blockchain, bolstered by strategic partnerships, signals strong growth potential, while Bittensor's fusion of AI and blockchain offers a unique value proposition despite market volatility.
Demand for AI-themed tokens soars, as it captures 35% of global interest throughout Q1 2025.
Bittensor (TAO) surged 10%, eyeing a breakout of a falling wedge pattern amid serious allegations of centralization.
TAO, the altcoin that powers Bittensor's decentralized machine learning network, has soared 10% in the past 24 hours. It has outperformed major cryptocurrencies like Bitcoin (BTC), which has seen a modest gain of 0.13%, and Ethereum (ETH), whose value has dipped by 1.3% over the past day.
TAO rallied as much as 13% on April 18, reclaiming a key support level and pushing its market cap back above $2.2 billion following reports that Nvidia plans to maintain its presence in China despite new U.S. export restrictions.
Sui (SUI) has performed neutrally in the past day to stand at $2.10 while Hedera (HBAR) has experienced a 1.4% uptick and currently sits at $0.1600 during what has been a choppy session with a slight bearish tone.
Sui meme coins, not typically seen at the forefront of the sector, are surging in volume recently. Their market cap is far smaller than Solana meme coins, but it's also growing fast.
TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.