Amid this bearish market sentiment, SUI, the native token of the Sui blockchain appears bearish and is likely headed for a double-digit price drop, as it has formed a bearish price action pattern on its daily time frame.
Sui price shows signs of a potential rally after a recent downturn. The broader crypto market recovery fuels optimism, with SUI attempting to regain lost ground.
A recent on-chain investigation indicates a hacker plundered $29 million worth of the Solana (SOL) rival Sui (SUI) from a single victim last month. The on-chain sleuth ZachXBT uncovered the hack, which he notes occurred on December 12th.
SUI has experienced a significant price decline, falling from its all-time high of $5.36, formed earlier this month. Currently trading at a monthly low, the altcoin faces the potential for further drawdowns.
The Sui blockchain is making strides in improving accessibility by enabling transactions through SMS. On Jan. 27, Mysten Labs Co-Founder and Chief Cryptographer Kostas Kryptos Chalkias shared a demo showcasing how SMS-based transactions function on the SUI network.
The SUI token, developed by Mysten Labs, has seen a notable drop in its price, falling below the $4 mark for the first time in over a month. As of January 27, 2025, SUI is trading at $3.57, marking a 15% drop in just 24 hours.
TL;DR Between January 27 and February 3, more than $790 million in tokens will be unlocked, with SUI at $256.14 million and Solana at $111.12 million standing out. Solana and Dogecoin's linear unlocks represent marginal increases in their supplies.
This week, several significant events are poised to impact the crypto market. The FOMC interest rate decision, major token unlocks, and new ecosystem developments have the crypto space buzzing with anticipation.
The large token unlocks scheduled for the week between January 27 and February 3 are valued at over $790 million, across multiple projects. According to data from Tokenomist, Sui (SUI) leads the cliff unlocks with $256.14 million worth of tokens, while Solana (SOL) heads the linear token unlocks, valued at $111.12 million.
Despite SUI's recent price slump, analysts remain optimistic about its long-term growth, urging investors to consider accumulating the token.
The crypto market has today plummeted led by Solana (SOL) and Sui (SUI), which have seen double-digit price drops as other major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and XRP also slumped.
A recent revelation by blockchain investigator ZachXBT has exposed the loss of $29 million worth of SUI tokens in December 2024.
Some of the top cryptocurrencies to watch this week will be Mantra, Sui, and Optimism. Why? The cryptocurrency market saw Mantra (OM) reach a new record high Sunday, while Optimism (OP) plans a $53 million token unlock.
SUI, a Layer-1 blockchain developed by Mysten Labs, continues to dominate headlines with a 5% surge in just 24 hours. This follows a consistent bullish trend and the anticipation of unlocking 2% of its total supply in February.
SUI is steadily approaching the $3.9 level, weighed down by increasing bearish momentum that has put pressure on buyers to defend this critical support. The cryptocurrency's recent inability to sustain higher levels has amplified concerns, with sellers taking advantage of waning bullish efforts.
Cryptocurrency trader Michaël van de Poppe is leaning bullish on a top-10 altcoin by market cap while outlining a path forward for blockchain oracle Chainlink (LINK) and the native asset of the layer-1 blockchain Sui (SUI).
A look at how Sui blockchain compares to the Solana network in terms of growth and what this means for Sui's future.
The Sui Network has unveiled its lineup of major events for the first half of 2025, featuring gatherings in Hong Kong, Denver, San Francisco, Dubai, and Istanbul.
Sui price has thrived in the last 12 months, beating most of other altcoins and propelling it into a top 10 coin in market size. This surge may continue, with one analyst predicting that it may surge to $40, a 830% gain from the current level.
Bitcoin is consolidating between $100,000 and $109,588, and charts currently indicate a higher chance of an upside breakout.
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Ethereum, Solana, and Sui technical analysis: ETH eyes $25K, SOL targets $4.5K, and SUI aims for $10 as key bullish setups unfold.
Sui, a Layer-1 blockchain developed by Mysten Labs, is laying the groundwork for a transformative 2025, according to co-founder Adeniyi Abiodun.
More than $15M worth of SUI longs have been liquidated in the last three days, leading to forced selling
The cryptocurrency market has witnessed a surge of innovation, with projects like iDEGEN and Sui competing for investor attention. Both projects operate in distinct niches, yet their performance metrics and potential returns offer a compelling comparison.
Sui ($SUI) has been making waves in the cryptocurrency market, with its price approaching an all-time high (ATH). Bolstered by unprecedented development activity and increased trading volumes, the blockchain project is gaining momentum among both retail and institutional investors.
Blockchain analytics firm Chainalysis has partnered with the Sui Foundation to enhance compliance and security within the Sui ecosystem.
With rising concerns over crypto-related crimes, Sui Foundation's new partnership with Chainalysis seeks to reinforce trust in the network by actively monitoring illicit activities.
Sui (SUI) price is trading close to its all-time high (ATH) as its blockchain ecosystem sees notable growth. Recent market trends have fueled a recovery, pushing SUI higher amid broader crypto momentum.
Stellar (XLM) has made waves in the cryptocurrency market after a remarkable 11% price surge within 24 hours. This rally has propelled Stellar ahead of SUI in terms of market capitalization, placing it as the 12th-largest cryptocurrency.
SUI price has declined more than 3.5% in the last 24 hours, bringing its market cap to $13.4 billion, currently ranking it as the 14th largest crypto. Recent technical indicators paint a bearish picture, with the Chaikin Money Flow (CMF) turning negative and the Average Directional Index (ADX) signaling growing momentum within the ongoing downtrend.
Bitcoin's recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300.
Sui price has seen a notable rally over the past year, emerging as one of 2024's standout performers. After reaching an all-time high earlier this year, SUI experienced a mid-year correction before regaining bullish momentum.
SUI has created history with its mind blowing hold over the world. The financial system was revolutionized when SUI started climbing the ladder.
XRP, ADA, and SUI form critical technical setups following a crypto market rebound. XRP eyes $3.30, ADA targets $1.20, and SUI aims for a 150% rally toward $12.40.
SUI, the cryptocurrency that recently achieved an all-time high (ATH) of $5.36, has experienced a 10% correction, bringing its price down to $4.58 in the past two days. Despite this pullback, the altcoin remains in a position to recover, supported by strong market conditions that could set the stage for a new ATH in the near future.
Mysten Labs' innovative approach and Mysticeti consensus drive Sui's growth, sparking debate on blockchain architecture.
Despite a 10% drop in SUI price amid broader market sell-off, the technical setup shows potential for a price recovery and a new all-time high.
Despite the strong correction in the altcoins market, Solana (SOL) and Sui (SUI) can provide a ray of hope providing the next big stimulus for a strong resurgence and rally ahead. The current market scenario is pretty much similar to the bull markets of 2017 and 2021 where the TOTAL 3 market cap chart saw
SUI bearish narrative has gained traction as the price slips below the 4-hour Simple Moving Average (SMA), a critical threshold for gauging market direction. The break below this level underscores mounting selling pressure and raises concerns about the asset's ability to recover in the short term.
The crypto market saw massive liquidation during early US hours on Monday plunging the global crypto market cap by more than 2% from $3.34 trillion to a low of $3.21 trillion. Investors lost over $130 billion in wealth with Bitcoin (BTC) and Ethereum price approaching key support levels.
After trading under a bullish sentiment for a brief period, the Sui price has experienced a strong bearish reversal over the past weekend. This has resulted in this altcoin losing ~10% over the last 48 hours.
SUI recently reached a new all-time high (ATH) of $5.36 before a 10% correction over the last two days that brought its price down to $4.58.
SUI, the native token of the Sui blockchain, has gained significant attention in recent days due to its impressive price surge. After a 10.93% increase over the last 24 hours, SUI has reclaimed the critical $5 price level, pushing its market capitalization to a substantial $15.41 billion.
Can SUI's strong traction push it to the top 10 by market cap?
Sui (SUI) has emerged as one of the top-performing altcoins, recording a remarkable 20% increase in just 10 days. The rapid rise of Sui has left it outperforming major players like Ethereum, Solana, Ripple, Cardano, and Dogecoin.
Bitcoin could pull back below $80k, while some expect a price reversal.