TL;DR Bybit Launchpool has introduced the SUI token as its first native pool, aiming to expand the token offerings and strengthen community activity. The exchange has replaced the USDT pool with USDC to enhance the user experience, providing greater stability and reliability in transactions.

As the cryptocurrency market enters a new week, several digital currencies are experiencing notable gains, fueled by Bitcoin's robust performance. Bitcoin, the leading asset, is seeing impressive traction alongside emerging meme coins like Hamster Kombat and POPCAT. The overall landscape is vibrant, attracting keen interest from investors and traders alike.

As we head into “Uptober,” the cryptocurrency market is buzzing with potential opportunities. While Ethereum continues to lead the charge in decentralized finance (DeFi) and smart contracts, its price struggles to find a bottom, with a 3-month return down by 18%.

Sui has surged more than 20% in 24 hours to reach its highest price level in six months, amid positive news from crypto exchange Bybit. Bybit announced support for Sui (SUI) as a native ecosystem pool token on Oct.

Sui has become cheaper and faster than Solana, cementing its position as a formidable alternative.

According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw impressive gains, with spx6900 (SPX) stealing the spotlight by skyrocketing 193%.

The daily transaction volume on the Sui blockchain has skyrocketed by 115%, indicating increased demand and potential for a breakout above the $2.00 mark.

Bybit Launchpool now supports the SUI pool, its first native token pool. Bybit also replaces the USDT pool with USDC and introduces the NAVI token in the SUI ecosystem.

With Bitcoin price reclaiming the $63k mark, the cryptocurrency market has recorded a strong bullish recovery over the past day. Moreover, the Sui coin price has regained traction and is on the verge of reclaiming the $2 mark.

Among the altcoins, $SUI and $APT put on two impressive runs over the last several days that took them both to gains of at least 10% for the week. Can these positive gains be maintained going forward?

Sui (SUI), a Layer-1 blockchain, has recently experienced substantial growth, particularly in daily transaction volume. In tandem with this spike in activity, SUI's price has climbed by 10% in the last 24 hours.

SUI token surges 115% in 30 days, driven by memecoin rally and network growth, reaching $1.69 amid increased transaction volume and total value locked.

The month of October, better known as “Uptober” in the crypto market, is expected to trigger rallies and gains for many altcoins.

With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.

Charles Hoskinson, the founder of Cardano (ADA), addressed the crypto community from London amid a European tour that included Italy and Switzerland on Sunday. In a video update, Hoskinson dispelled rumors about his commitment to ADA while offering insights into other blockchain projects, notably Sui.

SUI price has been experiencing an upward trend recently, making it a potential contender for reaching a new all-time high (ATH). However, shifting investor sentiment suggests that the altcoin may struggle to achieve this milestone.

Here's how some of your favorite assets wrapped up the week.

The Layer 1 blockchain network SUI is currently in the spotlight. A few days ago, Sui became the first blockchain to activate a secure alternative to the Border Gateway Protocol.

Cardano founder Charles Hoskinson has again shaded the Solana network while praising the Sui network as a better option. Although Hoskinson was full of praise for Sui, he asserted that Cardano remains the number and gave reasons why he believes so.

Cardano founder Charles Hoskinson has commended the team behind Sui, a fast-rising blockchain network that has recently gained significant traction.

SUI is currently testing a crucial supply zone following a massive 95% surge triggered by the Federal Reserve's recent interest rate cut announcement. The explosive rally, driven by significant buying pressure, has led to volatile price action, raising questions about whether this upward momentum can be sustained.

SUI, one of the best-performing altcoins in the top 100 cryptocurrencies, has seen a remarkable price surge of 110% in the last 30 days. This impressive price rise, driven by high demand and speculative trading, has pushed SUI's price to new highs.

Despite Bitcoin's shaky start to October, APT, POPCAT, and SUI led the weekly gainers list.

SUI has a robustly bullish structure on the daily chart, but the $1.81 resistance is pivotal.

Crypto activity is dynamic, and with over two million tokens (and growing), it is hard to know precisely which of these coins will pump and on which network. Admittedly, meme coins have been dominating headlines, especially on Solana.

Sui announced that it has adopted SCION as a defensive strategy to protect its layer 1 blockchain. SCION has been advertised as a means to help nodes prevent unauthorized traffic manipulation.

SUI gained 115% in a month after integrating USDC into its blockchain, which resulted in a parabolic surge in user and network activity.

The FTX $12.7 billion repayment is a bullish catalyst many never expected, considering the exchange's collapse was behind the 2022 bear market. With fresh liquidity to be injected into the crypto market, Binance Coin (BNB) and Solana (SOL) are altcoins to watch. Meanwhile, whales have been positioning themselves ahead of the upcoming bull run.

FTX Token (FTT) rose 64% to $2.23 ahead of the October 7 court hearing on creditor repayments, with a potential 160% increase if approved.

As October started, the cryptocurrency market faced a significant crash, increasing the bearish sentiment and attracting highly capitalized short-sellers. Some cryptocurrencies now risk suffering a short squeeze as imbalances appear in the market's open interest, dominated by short positions.

Sudeng, a recently launched meme coin on the Sui Blockchain, rose by over 30% as cryptocurrencies recovered. Sudeng (HIPPO) rose to a record high of $0.0143 on Oct. 3, a 180% increase from its lowest level this week.

Sui, the native token of the Layer-1 (L1) blockchain Sui Network, has experienced a parabolic rally over the past month, reaching $1.73 — a 120% increase in 30 days.

Bitcoin and other altcoins held steady after the Bureau of Labor Statistics published encouraging September nonfarm payrolls data. US nonfarm payrolls rebound Bitcoin (BTC) rose slightly to $62,500 while Solana (SOL) jumped by 3% to $140.

SUI experienced a sharp drop on Oct. 4, emerging as the day's largest loser, dropping over 15%. According to data from crypto.news, Sui (SUI) plummeted from an intraday high of $1.97 on Oct. 3 to a low of $1.

FTX Token (FTT) has erupted with a 20.40% surge over the past 24 hours, now trading at $2.40.

Investors have great expectations of Bitgert's upcoming announcement, and many believe this is the reason that will drive future growth. Solana Coin and Sui Coin have been prominent in the crypto market, but the rapid maturation of Bitgert might change this.

A widely followed cryptocurrency analyst and trader is highlighting one memecoin that he believes possesses more upside potential while offering his insights on layer-1 altcoin Sui (SUI).

The bearish action in the crypto market has led to top projects such as Bitcoin, Ethereum, and others losing momentum. However, FTX has been one cryptocurrency that has gained significant pace within a short period. Further, with a jump of ~30%, it has secured the position of top gainer among the top 100.

Cryptocurrency prices on October 4: The broader market witnessed heightened volatility on Friday, embarking upon turbulent price trajectories. Bitcoin (BTC) price fought market volatility to rest at the $60K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices slipped 1%-4%.

Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September.

Web3 interoperability platform Axelar has launched the Mobius Development Stack (MDS) on its mainnet, describing it as “the first-and-only holistic interoperability platform.”

Is SUI about to go through a bearish retracement after its recent bullish extension? Here are key observations that you may need to pay attention to.

After a recent surge fueled by high demand and speculative trading, SUI price risks falling by double digits. This comes after a 124% 30-day price increase, which made the altcoin the best-performing crypto in the top 100.

The integration of Axelar's MDS by major blockchains could significantly enhance web3's interoperability, fostering a more connected ecosystem. The post Sui, XRP Ledger, EigenLayer set to integrate Axelar's new Mobius Development Stack appeared first on Crypto Briefing.

Sui Network has defied broader market sell-offs, with the SUI price approaching $2, driven by strong investor activity and expectation og new all-time high.

It has been a brutal week for cryptocurrencies as most of them erased gains made last week when investors cheered the Federal Reserve interest rate cuts and the robust stimulus from Chna, the second-biggest economy worldwide.

SUI has experienced an impressive surge of over 160% since the start of September, with its price now hovering around $2. This remarkable rally has analysts and investors highly optimistic about the future of the layer-1 blockchain.