SUI enters a critical phase today as a $147 million token unlock threatens to inject selling pressure into a market already testing key resistance levels. Despite a sharp rebound in momentum—evident in the RSI's surge from oversold territory—SUI failed to break above the crucial 60 mark, signaling buyer hesitation.
The cryptocurrency market rebounded late on Monday as major cryptocurrencies registered substantial gains. As a result, the crypto market cap is up over 1% and currently sits at $2.69 trillion.
Avalanche (AVAX) was also a top performer, rising 3.4% from Monday.
While most altcoins still fall victim to rampant economic fears, the Sui (SUI) ecosystem is thriving, raising anticipations of a potential rally. The post Is Sui About to Explode? While the Market Crashes, This Coin Quietly Climbs appeared first on Cryptonews.
Tuesday has seen a resurgence in the altcoins, and especially among the layer 1 cryptocurrencies. Ethereum ($ETH), Solana (SOL), and Sui (SUI) are leading the way.
Crypto asset manager and research firm CoinShares says institutional investors poured millions of dollars into altcoin digital asset investment products last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products enjoyed inflows last week after record-setting levels of outflows.
The Sui Network (SUI) will unlock nearly $150 million worth of its native token on April 1. This is part of Sui tokenomics and the monthly unlock schedule that inflates SUI's circulating supply and dilutes investors' holdings.
The crypto markets seem to be in trouble again, this time mainly following the price trends of PI, SUI, and Dogecoin (DOGE). Pi is the native cryptocurrency of Pi Network.
Cryptocurrency markets have over $642 million worth of digital assets planned for release during the period between March 31 through April 7, 2025. Tokenomist data shows these releases are split between single “cliff” one-time releases and regular “linear” releases distributed across various blockchain projects.
Sui has plummeted by 7% today, yet the launch of the Walrus Protocol underlines its bullish long-term growth potential. The post Should You FOMO Into Sui? New Walrus Launch Sends Price Flying appeared first on Cryptonews.
Sui faces a significant test as $151 million worth of tokens unlock on April 1, with market indicators showing mixed signals amid growing ecosystem adoption but declining total value locked.
Sui is set for a major supply event, with 64.19 million SUI tokens worth approximately $148.29 million scheduled for release on April 1, sparking concerns about potential selling pressure and its impact on SUI price.
Made in USA coins are showing mixed signals as April begins, with XRP, SUI, and Pi Network (PI) standing out. XRP leads in market cap but also posted the biggest drop among the top 10, down 10.6% this week.
SUI climbs 6% amid rising adoption and technical support. Is this bullish momentum sustainable, or just a short-term relief rally? The post SUI Surges 6% This Week: A Sign of Bullish Momentum or Just the Beginning? appeared first on Cryptonews.
Cryptocurrency trader and analyst Ali Martinez is leaning bullish on an altcoin that's less than two months old while unveiling his forecast for XRP (XRP) and Sui (SUI).
Slovak Prime Minister Robert Fico is getting flak from opposition leaders for failing to avert U.S. car tariffs hanging over his country, a major automotive producer in Europe. The political attack came after President Donald Trump's decision to slap a 25% levy on all foreign-made cars next month.
Crypto whales bought Optimism (OP), Dogecoin (DOGE), and Worldcoin (WLD) in recent days. OP saw a rise in large holders despite being down 73% over the past year, while DOGE whale wallets climbed to a two-week high as meme coin sentiment shows signs of recovery.
Just last week at the Game Developers Conference, I caught up with two key members of the Arbitrum Gaming Catalyst Program (GCP): Daniel Peng, founding partner, and Rick Johanson, founding partner and VP.
DeFi lending is recovering in March after a series of market capitulations and liquidations. More value is flowing into smaller chains, with the biggest growth for Berachain and Sonic.
TL;DR Arbitrum DAO has been operating at a loss, spending $231 million while generating $107 million in revenue, yet 2025 is projected to become its most profitable year. Over 95% of its earnings come from transaction fees, with Layer 2 (L2) surplus fees standing out as the dominant income source.
SUI has shown signs of recovery, and the crypto token's price is trading at $2.65, which is just below the crucial resistance level of $2.77. This resistance stands as the last hurdle before the altcoin can reach the $3.00 mark.
Arbitrum DAO's earnings and plans for raising more revenue in the coming months and years for its network were shared by Entropy Advisors, a platform that monitors decentralized autonomous organization (DAO) development and governance on Arbitrum.
Through Juno, a new subsidiary dedicated to digital assets and stablecoin issuance, Bitso aims to introduce the Mexican peso stablecoin to serve several use cases, with remittances and cross-border payments facilitation at the center.
Amnis Finance has become the first protocol to participate in Aptos' Liquid Funding Model (LFM) initiative. The development represents a crucial move in cementing Amnis Finance's status and enriching advancements in the Aptos decentralized finance (DeFi) space.
Tether has launched its crosschain stablecoin USDT0 on Optimism's OP Superchain, expanding the accessibility of the digital dollar to Ethereum's layer-2 ecosystem. The launch, announced on March 27, marks a significant step in the adoption of stablecoin within decentralized finance (DeFi) and strengthens the growth of OP Superchain as one of the most dominant infrastructures in the sector.
The crypto market demonstrates steady improvement as multiple alternative tokens show major price increases. TON, SUI, and Pi have emerged as top performers in the market by recording impressive growth during the previous 24-hour period.
Tether's crosschain US-dollar stablecoin, USDT0, has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.
Crosschain US-dollar stablecoin USDT0 has been deployed to Optimism's Superchain, increasing access to the world's most widely used stable asset across Ethereum's layer-2 ecosystem.On March 27, Optimism announced that the dollar-pegged USDT0 is now live on the OP mainnet. The crosschain stablecoin's first deployment was on Ink, Kraken's DeFi-focused layer-2.
SUI is making another attempt to break past the crucial $2.82 resistance, a level that has repeatedly challenged bullish momentum. After a steady climb, the price now stands at a decisive point—will buyers have enough strength to push through, or will sellers step in to defend this barrier once again?
Aave (AAVE) was also a top performer, gaining 3.6% from Wednesday.
This new stablecoin, called MXNB, will be issued and managed by Juno, a newly established subsidiary of Bitso. The launch of this peso-pegged stablecoin will take place on Arbitrum.
Sui price, currently at $2.74, has broken out of a falling wedge and rising parallel channel, suggesting bulls are taking control. This recent surge has sparked excitement among traders and analysts, as it echoes past patterns that triggered notable rallies for Sui.
SUI and TON are the two top gainers from the larger-cap alts today.
SUI cryptocurrency shows strong breakout potential with technical indicators supporting a possible 25% upswing, while VanEck predicts it could reach $10 by 2025.
Sui Network's native token, SUI, has reclaimed a crucial level after its 10% price breakout. The token has shown bullish momentum over the past few days, climbing to weekly highs on Wednesday.
SUI volume is spiking up as the price is gaining huge momentum after rebounding from the local lows close to $2.5. This price action demonstrates healthy accumulation with decreasing volatility while maintaining higher lows since the local bottom.
The Immutable (IMX) price surged 8.05% to $0.6785 after the SEC dropped its investigation. Market cap rose to $1.21B, with a 24-hour trading volume up 118.36% to $120.59M.
IMX token jumps after the SEC ends enforcement threats against Immutable. Plus the U.S. FDIC drops "reputational risk" banking discrimination against crypto firms and Fidelity Investments develops its own stablecoin.
On March 25, the US Securities and Exchange Commission (SEC) officially concluded its investigation into Immutable, an Australian Web3 gaming company, marking the end of a significant period of uncertainty for the firm.
Bitso Business, an arm of the Mexican crypto exchange Bitso, will launch a Mexican peso-pegged stablecoin on the Ethereum layer-2 network Arbitrum.The stablecoin, MXNB, will be issued and managed by Bitso's newly established subsidiary Juno and will be fully fiat-backed by Mexican pesos on a one-to-one basis, Bitso Business said in a March 26 statement. Bitso Business' head of stablecoins, Ben Reid, said a primary use case for MXNB could be to promote foreign investment and trade in Latin American economies by providing a more “efficient way” to do business compared to traditional finance infrastructure.
The SEC has ended its investigation into Web3 gaming firm Immutable with no findings of wrongdoing, marking another dropped crypto probe amid the regulator's shifting stance on enforcement.
On Tuesday, crypto company Immutable announced that the US Securities and Exchange Commission (SEC) has officially closed its inquiry into the company and its associated parties. This comes after the SEC previously issued a Wells notice, which signaled its intention to pursue legal action against Immutable for alleged violations of securities laws.
The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.
Sui (SUI) has gone up by 8.4% in the past 24 hours to stand at $2.60 after news that Canary Capital filed an application for a SUI-linked exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
The SEC concludes its investigation into Immutable after five months, marking a significant win for crypto gaming.
Immutable's IMX token rallied 15% to $0.737 after the US SEC dropped its investigation, with daily trading volume by 120% to over $120 million.
The SEC has dropped its investigation into Immutable with no charges. Immutable supports clear regulations to foster blockchain innovation.
Sui (SUI) maintains strong support at $2.26 with technical patterns suggesting a potential 221% rally to $7.00, backed by ecosystem expansions and $73.85B in stablecoin transfers.