SUI has shattered its all-time high with a staggering 452% rise, setting the stage for what some analysts are calling the next Solana. With lightning-fast transactions, native USDC support, and explosive ecosystem growth, SUI is making waves in the crypto space.
Here is how some of your favorite assets concluded the week.
Bitcoin's range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
Despite increased price volatility in the crypto market, the SUI price has outperformed the top crypto projects by successfully achieving a new All-time High (ATH) during the early Asian trading hours. Notably, it has recorded a high of $2.28 with a trading volume of $1.18 billion.
The global crypto market staged a recovery last week, posting a 2.79% increase and closing with a market capitalization of $2.21 trillion. This surge added $60 billion to the market's overall valuation.
SUI, the cryptocurrency that has recently captured attention for its impressive performance, is now showing signs of fatigue after a remarkable 98% gain. With buying activity dwindling, analysts are speculating whether a decline could be on the horizon, potentially leading SUI to test crucial support at $1.70.
Sui (SUI) has been one of the most popular crypto assets of 2024, with notably high market gains and drastic price losses over the year. The altcoin is currently moving sideways following a recent price rally in the last week.
Sui (SUI) could witness a bullish breakout soon enough, with crypto traders betting on the crypto climbing above $2. SUI's fundamentals also paint a bullish picture for the crypto and indicate that it could be one of the best performers in this market cycle.
In the latest ‘Everything Crypto' podcast, the analyst fleshes out SUI price reaching its ATH, and what exactly drove the price upwards. He kept bullish sentiment on SUI prospects, mainly because the general trend for altcoins is always to outshine Bitcoin in this market cycle.
The cryptocurrency market is currently experiencing persistent price fluctuations, leaving many tokens struggling to maintain their momentum. Among these is Sui (SUI), which has recently dipped below critical support levels, raising concerns about its future performance.
Today, three cryptocurrencies, NEIRO, POPCAT, and SUI, have surged past their previous all-time highs (ATH). How did it happen?
Sui's DeFi sector saw substantial growth in Q3 2024, driven by new technologies and partnerships. Key metrics and developments indicate a promising future for the blockchain ecosystem.
Qubetics has emerged as a standout project in the crypto world, breaching the $1.2 million mark with its presale launch. With the current price of $0.0132 per $TICS token in the third presale stage, Qubetics shows immense potential to revolutionise how we approach digital assets.
Sui's explosive TVL growth and rising Open Interest signal potential for further price gains.
The overall cryptocurrency market recovering impressively. Amid this, the SUI layer-1 blockchain is poised for a significant rally as its on-chain metrics flash a potential buy signal. SUI has shown impressive growth of 175% since the beginning of September 2024, and now investors and traders are making big bets on this layer-1 token.
Circle has introduced native USDC on the Sui blockchain, giving developers and users direct access to USDC without relying on bridges. This launch supports Circle's multi-chain approach, utilizing Sui's features for fast, secure, and scalable applications.
Bitcoin's price has shown resilience by staying just above the $62,000 mark, despite uncertainty in the market. Minor fluctuations have kept the price within a predictable range, while traders and investors await a potential breakout. The key resistance level remains at $65,000, a psychological threshold that could signal new upward momentum if breached.
Binance, one of the world's largest crypto exchanges, has issued a new notice that might interest EIGEN, PEPE and SUI traders.
Over the past 30 days Sui [SUI] has been on a roll, tripling its market capitalization and showing outstanding growth. Over 100% increase in value drove the token's market capitalization above $5 billion.
Binance cryptocurrency exchange has announced the introduction of trading bot services for three new trading pairs: EIGEN/TRY, PEPE/FDUSD, and SUI/FDUSD. Scheduled to commence on October 11, 2024, at 08:00 UTC, these services will offer more diverse trading options on the exchange platform.
Sui price delivered one of the best performances in the past month. However, over the past week, the asset has displayed signs of buyer exhaustion as it hit a critical resistance level and a new all-time high.
If buying activity remains scanty, SUI will likely drop to test support at $1.70.
Market intelligence firm DappRadar says that layer-1 crypto projects Sui (SUI) and Aptos (APT) emerged as the standout performers in the decentralized finance (DeFi) space in Q3 of 2024.
After a sharp rise in early September, Sui (SUI) holders are beginning to cash out, turning their attention toward a promising new ICO called Meme Bets (MEMEBET).
If you've been kicking yourself for missing the $BLUB and $SUIMAN rocket, it's time to dry those tears and buckle up.
SUI price has recently reached a new all-time high (ATH) of $2.18, but the bullish momentum that pushed the altcoin to this level is now fading. With waning enthusiasm among SUI holders, the altcoin could be at risk of a significant price drop.
After a considerable surge for relatively new layer 1 networks $SUI and $APT, both have been cooling off over the last two or three days. With both coming down to support, could the next bounce be about to take place?
A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) while offering his outlook on three altcoins.
The SUI Foundation announced support for native USD Coin (USDC) on the Sui Network (SUI) blockchain.
The cryptocurrency market continues recording constant price fluctuations. This has resulted in the top tokens repeatedly failing to break out of their resistance levels. On the other hand, the SUI price has recorded a similar trend by plunging below its important support level.
Sui, a Layer-1 blockchain designed to enhance global adoption, is making waves in the cryptocurrency market. As of now, the live price of SUI hovers around $2.01, with a market cap nearing $5.57 billion.
Sui Network (SUI) gained the spotlight in the cryptocurrency landscape as one of the fastest-growing cryptocurrencies this cycle. This week, Grayscale announced the Grayscale SUI Trust, while Circle natively deployed its dollar stablecoin, USDC, on the Sui Network.
SUI is experiencing a notable pullback after its recent rally, with multiple key support levels coming into focus. As the price edges lower, these areas will play a pivotal role in determining whether the asset can regain its bullish momentum.
While the prices of most digital assets endured a significant correction over the past week Sui, a Layer-1 cryptocurrency network boasting high-performance and “infinite scaling” has seen the price of its native token surge to a new all-time high of $2.16.
SUI and Aptos (APT), both of which are on an upward trajectory. With SUI recently surpassing the $2 threshold and Aptos approaching the significant psychological level of $10, there's growing speculation about their potential to spearhead the next rally in the crypto market this October.
TL;DR SUI Ecosystem Market Cap: The SUI ecosystem's market cap has reached $8.54 billion, driven by SUI and First Digital USD (FDUSD), with daily trading volumes exceeding $6 billion. Capital Flow from Ethereum: SUI has captured over 9% of Ethereum's capital flow, positioning it among the top three altcoins by netflow, alongside Ethereum and Solana.
The SUI ecosystem is gaining significant traction this October, breaking records and attracting investor interest. While many altcoins struggle, SUI has reached a new peak of $2.16.
The Sui Foundation has announced that Circle's USDC stablecoin will be available natively on the Sui network, with the NAVI Protocol set to integrate the asset from day one. This integration — shared with crypto.
First it was gaming and NFTs. But now Sui is making inroads into the world of DeFi.
With a 2.66% pullback in the past 24 hours, SUI has lost its dominance over the $2 psychological mark. Currently, the SUI price is trading at $1.92 with a market cap of $5.30 billion.
Circle, issuer of the the second-largest stablecoin by market capitalization, USD Coin, has officially launched USDC on Sui, a Layer-1 blockchain.
SUI has been one of the few assets that appears to be having a lone bull run despite the struggle of certain cryptocurrencies in the market to reclaim their major highs. Over the past month alone, SUI has increased by more than 100%, with its 7-day performance still seeing green up by 11.8% after nearly touching its all-time high of $2.17 yesterday with a 24-hour high of $2.13.
SUI, the native coin of Layer-1 (L1) blockchain Sui Network, has been on a tear lately. It currently trades at $1.92, noting a 115% price growth over the past month.
October has seen a significant divergence in cryptocurrency market activity between Sui (SUI) and a fresh entrant into the space, Dogizen.
Michaël van de Poppe, a prominent figure in the cryptocurrency trading community, recently articulated his optimistic outlook for two specific altcoins: Sui Network (SUI) and Bittensor (TAO). With expectations that both could reach new all-time highs, van de Poppe's insights are especially pertinent for investors seeking opportunities in the current market landscape.
The SUI ecosystem continues to capture investor attention this October, setting multiple notable new records.
The announcement was officially made by the USDC issuer, Circle, at a time of strong growth for the new chain.