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.

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.

Uniswap's native token has defied the broader market sentiment, with a 6.5% daily increase.

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.

Aptos shows strong growth in TVL, staking, and user adoption, signaling bullish potential.

Aptos (APT) could see further price increases with just two days remaining before a major cliff token unlock. Over the past week, APT's price has climbed 20%, nearing the $10 mark.

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.

Aptos (APT) has recently made headlines by recording a remarkable 14% price increase over the past week. This surge caught the attention of traders and investors alike, especially as the digital currency market continues to fluctuate.

FTM, TRX, and APT show gains, while analysts project a long-term bullish outlook for BTC.

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.

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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.

Aptos' bullish momentum is on the rise, and many factors might be in play here.

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.

Circle has released a comprehensive guide detailing the migration process from bridged USDC to native USDC on the Sui Mainnet, emphasizing best practices and benefits.

The co-founder of Aptos (APT) believes that the layer-1 crypto project is on the verge of massive mainstream adoption. In a new interview with crypto influencer Scott Melker, Aptos CEO and co-founder Mo Shaikh says that the speed of the Aptos network makes it a highly attractive blockchain for payments.

Sui (SUI) price has recently experienced a notable rise in market value, standing out even as the broader cryptocurrency market struggles. Over the past week, SUI has defied the downturn, continuing its upward momentum after being one of the top-performing large-cap cryptocurrencies in September.

Layer-1 chain Sui (SUI) has been capturing significant attention lately. As of this writing, SUI has surged by 125% over the past 30 days and has skyrocketed 345% from its yearly low of $0.46 on August 5.

As markets brace for the release of FOMC minutes, meme coins are experiencing a surge in activity, with DogWifHat (WIF) and SPX6900 (SPX) leading the charge. Additionally, Sui is witnessing a significant influx of trading volume.

Crypto Market Highlights: The cryptocurrency market capitalization stands at $2.17 trillion, down 0.79% in the last 24 hours, while intraday trading volumes rose by 32.09% to $78.72 billion. Investor sentiment is still neutral, with the Fear & Greed Index at 41. In the larger market, Chinese stocks listed in the United States have fallen dramatically.

USDC, a major stablecoin, is now available on the Sui Mainnet, enhancing liquidity and value transfer within the DeFi ecosystem as Sui's TVL surpasses $1 billion.

Sui Network gains momentum; $4 price target appears achievable amid rising adoption.

Sui received a major boost after stablecoin issuer Circle announced support for native USDC on the layer-1 blockchain platform's mainnet. Circle announced native USDC (USDC) was live on Sui (SUI) on Oct. 8.

Aptos (APT), one of the most discussed novel L1 blockchains of 2023-2024, is yet again leaving competitors in the dust with its token. The upsurge might be driven by both marketing hype and business development accomplishments.

Circle has introduced native USDC on the Sui blockchain, enabling seamless access to USDC liquidity without bridging. This development supports Sui's expanding ecosystem of over 85 applications.

In a remarkable rise that has captured the attention of the cryptocurrency community, HIPPO has rapidly emerged as the leading meme coin on the SUI blockchain. As of October 8, 2024, HIPPO has seen an astonishing 164% increase in price, reaching $0.01609, with a market capitalization now exceeding $160 million.

Sui, often dubbed the Solana-killer, continued rising on Oct. 8 amid a record surge in its futures market. Sui (SUI) jumped to an intraday high of $2.

SUI has recently become one of the most hyped chains with a huge potential of going 10x from the current levels. The trading activity surged aggressively which elevated the SUI price above $2. This move also pushed SUI above Near Protocol but remained only for a while.

Is a new ATH for SUI price near or far? Here is all you need to know about SUI bullish momentum

Despite a minor pullback in Bitcoin under the $63k level, resulting in a deceleration in altcoins, SUI and APT continue to rise. With SUI surpassing the $2 mark and Aptos nearing the $10 psychological milestone, the upside potential in these two crypto is massive.

Aptos (APT) price has surged nearly 14% in the past seven days, yet signs of uncertainty are emerging as key indicators suggest a potential shift in momentum. While bulls have maintained some control during this recent rally, recent signals point to a weakening trend that could lead to consolidation or even a reversal.

Cryptocurrency Prices Today, October 8: The broader market on Tuesday witnessed a bag of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price slipped to the $62K level over the past day, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a waning price trajectory.

SUI has gained massive attention from the crypto enthusiast following an impressive 13% of price surge over the past 24 hours. However, traders have started betting more on short positions.