Today, January 4, 2024, SUI, the layer-1 blockchain, has gained significant attention from crypto investors and traders following its impressive upside momentum. In the past 24 hours, while the majority of assets, including Bitcoin (BTC), Ethereum (ETH), and XRP, have struggled to gain momentum, SUI has topped the market with a 20% upside move.

Sui resumed its strong uptrend, soaring by almost 20%. At last check Saturday, its price hovered at around $5.13.

SUI's recent market performances have placed it in an interesting position right now.

Sui (SUI) has witnessed a remarkable price rally in the past seven days in a move that saw the coin reaching a new all-time high (ATH). SUI has recorded a 27% upsurge in the last seven days from a low of $3.9824 amid the latest price drawdown.

Layer-1 blockchain network Sui is gathering major limelight, with SUI price hitting a fresh all-time high above $5, surging 20%. The massive 180% surge in daily trading volumes to $2.3 billion hints that the strong bullish momentum is likely to continue in 2025, with analysts predicting $10 and more.

SUI is the top gainer from the larger-cap alts.

Arkham Intelligence announces a partnership with Sui to integrate blockchain data, enhancing features for millions of users. The collaboration aims to provide advanced analytics and real-time alerts.

The BIRDS GameFi project is thriving on Sui, leveraging gamification to onboard Telegram users into Web3, with a robust token economy and seamless integration into the blockchain.

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.

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.

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.

SUI DeSci Agents has launched an AI Medical Image Diagnosis Agent as a component of its AI Longevity Assistant.

TL;DR The crypto market is set for significant token unlocks next week, including SUI, Optimism, Ethena, and more, with a total value exceeding $832 million. SUI will lead the releases with 64.19 million tokens valued at $263.20 million, followed by Optimism with 31.34 million tokens worth $58.30 million, among other notable projects.

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.

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.

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.

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.

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.

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.

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.

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.

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.

SUI has shown a remarkable bullish comeback, overcoming earlier setbacks with impressive strength. The cryptocurrency has steadily gained ground, attracting attention.

The crypto market shows signs of resurgence, offering investors lucrative opportunities. These four Altcoin to Hold stand out with potential for significant growth before 2025.

The native token of the decentralized smart contract platform Sui (SUI) kicked off the week with an all-time high of $4.96, buoyed by an overall bullish trend in the cryptocurrency market. The momentum was short-lived, as SUI experienced a significant retracement on Friday, plummeting nearly 30% to $3.49.

Sui Network, the layer-1 blockchain, has gained interest in the cryptocurrency space due to its excellent performance and speed. Since its launch in May 2023, Sui quickly positioned itself as a huge player in the blockchain platform sphere, especially in real-time applications such as gaming and DeFi.

TL;DR Grayscale Investments has launched the Grayscale Sui Trust, providing institutional-grade access to the SUI token without direct ownership. The trust, managing $12.88 million in assets, offers a simplified route for investors to participate in the SUI ecosystem, with shares tracking the SUI price minus fees and expenses.

Sui Network's native token, SUI, has become one of the standout performers in the cryptocurrency market, soaring by nearly 500% since September. This impressive rally has caught the attention of traders and investors alike, as SUI continues to show strength despite some market volatility.

Grayscale Investments has introduced the Sui Trust, managing $12.88 million in assets as of December 18, 2024, giving qualified investors institutional-grade exposure to SUI. Despite this milestone, SUIs price has fallen 12% to $4.13, while trading volume soared by nearly 109% to $3.1 billion.

Grayscale Investments has announced the launch of the Grayscale Sui Trust, providing qualified investors an opportunity to gain exposure to the SUI token in the form of a security. The trust, designed for institutional-grade access, offers a simplified route for investors to participate in the SUI ecosystem without directly holding the digital asset.

Thompson takes over for Greg Siourounis, who served as the Sui Foundation's managing director since its inception in 2023.

Meta veteran Christian Thompson is now the new Managing Director of the Sui Foundation.

Key Points:

The crypto market took a battering after Fed Chair Powell's speech at the FOMC meeting on Wednesday. However, Thursday has dawned brightly for the crypto market and a bounce is under way.

Sui price joined other altcoins in bouncing back after falling sharply following the hawkish Federal Reserve interest rate decision. It has been one of the best-performing cryptocurrencies this year, rising by 440%.