Nearly 4,000 wallets added WAVAX holdings, 1.8 times the recent average, according to onchain data.
Falling active addresses and network growth are major concerns for AVAX's price.
Avalanche has faced relentless selling pressure since mid-December, wiping out over 60% of its value and erasing all the gains from the impressive November 2024 rally. The extended downtrend has left investors uncertain about its near-term prospects as the entire market struggles to regain footing amid ongoing volatility.
The price of TRON (TRX) has halted its upward correction as buyers were unable to sustain the price above the moving average lines.
Inversion Capital, led by angel investor Santiago Roel Santos, is launching a custom Layer 1 blockchain on Avalanche to bring businesses onchain.
Bitcoin is trading in a tight range, pointing to a possible breakout in the near future.
OKX Wallet, the non-custodial crypto wallet provided by one of the largest cryptocurrency exchanges in the world, announced on 12 Feb its strategic partnership with Sui Network, the layer-1 Blockchain. The integration will allow users to access Sui's Decentralized applications directly from the OKX Wallet.
SUI's latest ATH has traders on edge, and there are some clear reasons why.
Avalanche (AVAX), the popular blockchain platform, has had a turbulent few weeks. Despite a significant decline in value of nearly 28% over the past month, there's a noticeable shift in market sentiment that suggests a potential rally.
Sui (SUI) has been experiencing a period of consolidation, moving within a tight range of $3 to $4 over the past ten days. This sideways movement has been a profitable trading zone, as price fluctuations have allowed traders to capitalize on both upward and downward swings, gaining over 20% by either shorting or going long within this range.
The widely followed trader and analyst Michaël van de Poppe is highlighting one crypto project in the Ethereum (ETH) ecosystem whose token he believes could go up by triple-digit percentage points.
AVAX is forming a clear bullish pattern on the chart and could rally soon.
Avalanche (AVAX) has faced relentless selling pressure since mid-December, with its price plummeting over 60% and erasing all the gains from its impressive November 2024 rally. This sharp decline has left investors on edge, fueling fear and uncertainty as Avalanche mirrors the bearish trends seen across the broader crypto market.
Assessing the impact of BTC choppy moves on SUI short-term price outlook.
Sui Overflow 2025, a premier global hackathon, invites teams and individuals to register for an eight-week event focusing on innovative blockchain projects.
Altcoins thrived on Thursday as digital assets displayed resilience following the latest hotter US CPI report. Meanwhile, Binance Coin, SUI, and OpenSea stole the show for various reasons. Let us find out more. BNB outshines Solana in market capitalization Binance Coin recorded significant price surges over the past day.
TL;DR The positive sentiment surrounding Sui Network has reached its highest level since September, with a 5:1 ratio in favor of positive comments. SUI has risen by more than 9.1% in the last 24 hours, reaching $3.45 and surpassing $10.6 billion in market capitalization.
Sui Network is currently enjoying overwhelming support as positive social sentiment outweighed negative feedback fivefold.
Amid the rising trend of the DeFi & gaming sector in the crypto space, the Sui price has successfully regained momentum and has jumped over 11.25% over the last 48 hours. With this, its market cap has surpassed the $10 billion mark and is currently valued at $10.83 billion.
Sui has seen a market cap rebound of over 10% in the past 24 hours as a result of its growing presence in DeFi and gaming sectors.
Crypto prices bounced back this week even after the US published strong inflation data, raising concerns that the Federal Reserve will maintain higher interest rates for longer. Bitcoin price held steady above the support at $96,000, while the total market cap of all coins jumped to over $3.2 trillion.
Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.
Decenralized USD (USDD), a stablecoin introduced by Tron's Justin Sun in 2022, approaches the $200 million milestone in net staking volume. The asset also targets the top 100 cryptocurrencies by market cap and already challenges some stablecoin heavyweights.
Major crypto exchange OKX has expanded its integration partnership with the Layer-1 chain Sui, also extending the wide-ranging support for its ecosystem. The post OKX Wallet Becomes Official Sui Partner, Expands New Features appeared first on Cryptonews.
TRON (TRX) has emerged as a key contender in the cryptocurrency market, with its latest breakout sparking speculation about a potential long-term rally. The token recently breached a crucial resistance level, indicating a shift in momentum that could fuel a sustained bullish run.
The dynamic realm of cryptocurrencies is preparing for yet another alarming event that could bring considerable downside pressure to BERA, SEI, AVAX, APT, SAND, STRK, ATH, and XCN tokens. Notably, recent market data flags that the abovementioned assets are preparing for massive token unlocks totaling a staggering $325 million.
SUI token has rebounded 10.52% from a three-month low, showing increased network activity and mixed technical signals, while processing more daily transactions than several major blockchain networks combined.
SUI has gained significant attention recently as its price surged by 10.52% in just 24 hours, reaching $3.31. This sharp rise comes amid increased network activity and promising on-chain data, fueling speculation that the coin could see a breakout beyond its all-time high.
Avalanche (AVAX) has been a significant player in the blockchain ecosystem, offering fast and scalable solutions for decentralized applications (dApps). With its growing adoption, AVAX has been on many investors' radar, especially when it comes to its long-term price potential.
The Arbitrum One blockchain will provide the core infrastructure for USDT0, the new, interoperable Tether stablecoin. The blockchain will host the Legacy Mesh solution to connect USDT deployments on Arbitrum, Ethereum, Tron and Ton to a unified USDT0 network.
The chief executive of crypto exchange Abra believes Bitcoin (BTC) and other top digital assets may hit massive price targets this cycle for one main reason. Bill Barhydt says that economic policies under US President Donald Trump may inject a huge amount of liquidity into the markets causing crypto assets to soar to astronomical prices.
SUI surged 10.52% in the last 24 hours, reaching $3.31. Increased network activity and strong accumulation trends.
The price of Solana has gained 8.7% in the past 30 days, while its rivals experienced significant losses during that same period.
Sui (SUI) has reached a significant milestone, surpassing $60 billion in total decentralized exchange (DEX) volume, marking a 23.27% increase over the last 30 days. This surge highlights the platform's growing popularity and adoption, signaling a healthy upward trend in the decentralized finance (DeFi) space.
Sui's momentum is building, with key resistance levels within reach of a breakout right now.
SUI has been facing significant challenges in its attempts to recover from a steep 43% decline since the beginning of the year. Despite multiple efforts to bounce back, the altcoin has yet to establish a sustainable upward trend.
Sui (SUI) and Toncoin (TON) are testing key support levels with strong technical and fundamental backing.
A sharp rise in stablecoin supply across major blockchain networks has been recorded over the past week. Market sentiment is signaling heightened liquidity and trading activity.
SUI has struggled to regain lost ground after a significant 43% decline since the beginning of the year. Despite multiple bounce-back attempts, the altcoin has failed to establish a sustainable recovery.
The crypto market has shown limited favorability to bulls over the past week. However, certain altcoins continue to register gains driven by external developments.
Sui has entered a technical bear market after falling nearly 40% from its highest level this year. The Sui (SUI) token has dropped to $3.25, down from its all-time high of $5.36, bringing its market capitalization to $9.8 billion.
With Bitcoin and altcoins aiming for a comeback week, Avalanche nears a trendline breakout. Will the short-term recovery propel altcoin above the local supply line and hit the $30 mark?
Some of the altcoins are up more than 5% on Monday. Could this latest surge turn into something else, or will it be short-lived with the downtrend to continue?
Pi coin price remains in a bear market after falling by over 50% from its November highs. This retreat is likely because of the ongoing altcoin crash, and the ongoing open network launch jitters.
The cryptocurrency market is recognized for its instability, and SUI's price has also been affected by this pattern. In the last month, SUI has faced a notable decrease, falling 36% from its earlier peaks.
The crypto market thrives on comebacks and SUI is no exception. Once again, the token is making waves as it rebounds from the key $2.8 support level, reigniting bullish optimism in the market.
Tron's evolution from a USDT-dominant network to a budding DeFi hub resulted in a significant increase in its transaction count and network fees.
Avalanche's native cryptocurrency, AVAX, is at a crucial point in the market, testing a critical support level at $25. Investors are closely watching this price point to determine whether AVAX will rebound or face further declines.