SUI, a notable player in the cryptocurrency market, has caught the attention of traders with its current price movement. Despite a 4.89% dip in the past 24 hours, the token has achieved an impressive monthly gain of 24.75%, signaling strong bullish momentum in the broader trend.
Ethena [ENA], a cryptocurrency that has gained attention in the market, is facing significant challenges as it enters 2025. With its price steadily declining over the past week, losing 11.89% of its value, and another 2.01% in the last 24 hours, traders and investors are bracing for what could be a dramatic downturn.
On the 4-hour chart, ENA appears to be forming a head and shoulders pattern - a bearish knell.
SUI appears set for another price leg up, as indicated by its current technical setup.
Most traders expect Bitcoin price to hit new highs throughout 2025, and charts suggest ETH, SOL, SUI and AAVE could be the top-performing altcoins this year.
Sui's breakout potential hinges on overcoming $4.76 resistance, with traders eyeing 2025 momentum.
Despite closing the year on a bearish note, cryptocurrencies displayed remarkable performance in 2024, with tokens hitting never-seen-before all-time highs. Meanwhile, analysts expect robust gains for the asset class in the coming year as digital assets go mainstream.
Optimism (OP) is showing promising signs of a significant price surge, driven by increased accumulation from large investors and favorable technical indicators. With the market aligning for upward momentum, OP could potentially reach $2.60 in the near future.
Several events are in the pipeline for the crypto industry this week, like Frax Finance revamping its FRAX stablecoin into a new BUIDL-backed asset, Sui unlocking 64 million governance tokens, and six Israeli investment firms launching Bitcoin mutual funds.
Seraphim Czecker, the head of growth at Ethena, has announced he is stepping down.
Seraphim, who led over $1 billion in partnerships, said support the Ethena “team from the side” though is burnt out on the DeFi sector.
OP may witness a price surge as the market appears to align for upward momentum.
SUI DeSci Agents has launched an AI Medical Image Diagnosis Agent as a component of its AI Longevity Assistant.
Grayscale updates its Top 20 tokens for Q1 2025! New additions include Hyperliquid, Ethena, and more, with Optimism and Chainlink making a comeback.
The latest round of token unlocks, scheduled for the week between December 30 and January 5, is valued at more than $832 million. Sui (SUI) leads the cliff unlocks with a release worth $263.20 million, while Worldcoin (WLD) continues to lead linear unlocks at $80.41 million.
Grayscale's focus on emerging tokens highlights shifting market dynamics, emphasizing decentralized AI and Solana's growing influence in 2025. The post Grayscale lists HYPE, VIRTUAL, ENA, JUP among high potential tokens for Q1 2025 appeared first on Crypto Briefing.
SUI, a cryptocurrency that recently faced a tough market phase, has caught the eye of traders and analysts. After experiencing a sharp drop last week, the token managed to rebound in the past 24 hours, raising questions about its future direction.
SUI's price increased in the last 24 hours, and the trend might continue if
Cryptocurrencies remained on edge last week as the volume dried up because of the Christmas holidays. The Santa Claus rally pushed Bitcoin (BTC) close to the $100,000 level and then the momentum faded, pushing it below $95,000.
The crypto market and decentralized finance (DeFi) face an extremely complex problem on a daily basis: stability. This kind of Achilles' heel has been both the reason for being and the driving force behind the creation of new solutions.
Check out the top 5 RWA tokens that could grow big by 2025. These tokens have the potential to multiply your investment.
Solana (SOL) has generated a lot of buzz due to its efficiency alongside effective development for quite some time now. Meanwhile, Cardano (ADA) and Sui (SUI) also have solid records of achievements. However, a new player in the market, Rexas Finance (RXS), is making its mark as a disruptor in the blockchain industry.
Optimism is a popular Layer 2 scaling solution for Ethereum.
The Sui Network (SUI) is gearing up for a significant event on January 1, 2025, with nearly $300 million worth of its native token set to be unlocked. This is part of Sui's monthly process, which increases the circulating supply and impacts investor holdings. Despite a recent 5.
Binance support for Optimism network upgrade aims to improve performance and user experience. On Jan. 10, 2025, at 2:00 (UTC+8), Binance announced its support for the Optimism (OP) network upgrade and hard fork.
Optimism (OP) has been steadily making its mark as a leading Layer-2 scaling solution for Ethereum. Ethereum, known for its decentralized applications and smart contracts, has faced significant challenges with scalability and high transaction fees.
The synthetic dollar protocol Ethena set off waves of concerns among crypto market participants recently, witnessing a waning action amid massive whale selloffs. On-chain data on Thursday revealed that whales heavily offloaded millions of tokens, raising investor apprehensiveness amid a 10% crash in ENA price.
Ethena price retreated for three consecutive days as exchange balances continued rising and as whales sold their tokens. Ethena (ENA) token dropped to $0.95, moving below the psychologically important level of $1 for the first time since Dec. 20.
The Sui Network (SUI) will unlock nearly $300 million worth of its native token on January 1, 2025. This is part of Sui tokenomics and monthly unlock schedule that inflates SUI's circulating supply and dilutes investors' holdings.
WhiteBIT, a leading European cryptocurrency exchange has significantly expanded its collateral offerings by adding 60 new cryptocurrencies. This raised the total number of collateral assets supported to over 80 and added more versatility to the trading platform.
The native token of the Sui blockchain experienced a significant surge ahead of Christmas Eve despite the overall weakness that the crypto market has displayed as investors believe that this network could easily compete and beat Solana at its own game. On December 23, the $SUI token experienced a 9% increase that pushed to $4.
Story Highlights The live price of Optimism is . Optimism price could go as high as $3.82 in 2025. With a potential surge, the OP price could reach a maximum of $14.26 by 2030. The transactional speed in the world of blockchain and finance is a critical indicator of success.
The Sui (SUI) bulls remain very much in control on the eve of Christmas Day 2024, with the price last around $4.60, only just below the record highs it hit near $5.0 earlier in the month. The post Sui (SUI) Price Analysis – Break Above $5.0 Imminent as On-chain Activity Booms appeared first on Cryptonews.
SUI was among the top gainers on Tuesday as cryptocurrencies attempted recoveries after last week's double-digit declines. The altcoin gained over 5% within the previous day to reclaim the psychological mark at $4.50. With the total value locked (TVL) maintaining uptrends over the past month, SUI's price displays stability.
In the rapidly evolving world of blockchain technology, Sui, Toncoin, and Solana are cutting-edge platforms designed to address the limitations of traditional blockchains while pushing the boundaries of scalability, speed, and efficiency. In this article, we'll study how these blockchains are reshaping the decentralized ecosystem, addressing key challenges like scalability, speed, and efficiency.
Ethena (ENA) price has experienced significant volatility, rising 63% over the last 30 days but declining 11% in the past week. Despite the recent pullback, ENA maintains a strong market presence with a current market cap of $3 billion.
XRP, SUI, and HBAR key technical patterns signal bullish breakouts, potential consolidation, and critical price targets as Bitcoin price stagnates.
Sui Network's DeFi ecosystem saw significant growth in 2024, with increased institutional interest, stablecoin offerings, and innovations like DeepBook V3 and Sui Bridge.
The price of Sui has dropped by 3.5% in the past 24 hours, yet traders are predicting that it will continue growing as its platform looks to rival Solana. The post Sui Is Down but Analysts Say It's Gearing Up to Become the “Next Solana” appeared first on Cryptonews.
BitMEX co-founder Arthur Hayes was spotted moving millions of dollars worth of altcoins to crypto exchange Binance. According to blockchain tracking firm Lookonchain, Hayes sent over $8.47 million worth of Ethena (ENA) to Binance, presumably to sell on the open market. “Arthur Hayes previously accumulated 16.79 million ENA ($11.21 million) at $0.
Arthur Hayes is a famous crypto investor, executive and influencer, co-founder of BitMEX and CIO of his family office Maelstrom Fund. Just recently, Hayes dumped over $10 million of the Ethena (ENA) cryptocurrency, a project he has funded and supports.
It seems like every day Sui has some new big announcement. Given the fast growth of the project and its ecosystem, it's easy to see why.
Arthur Hayes has moved 2 million ENA tokens to Bybit, prompting speculation of a possible sell-off.
Bitcoin's recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.
The performance of Bitcoin (BTC -1.27%) this year has been nothing short of extraordinary. It's now up about 46% since the election on Nov. 5, and 146% year to date.
Inside the community of crypto farmers of airdrop, there is currently little attention regarding the 6th round of Optimism.
SUI has shown a remarkable bullish comeback, overcoming earlier setbacks with impressive strength. The cryptocurrency has steadily gained ground, attracting attention.