Layer-1 (L1) blockchain Sui has achieved a series of milestones over the past month. This positions its native coin, SUI, to potentially reclaim its all-time high of $2.16 in October.

SUI has merely displaced LTC by a single spot as they both currently sit comfortably at the 20th and 21st spots.

Following the lead of Bitcoin (BTC), the altcoins are starting to break out and recover their lost gains of the last six months. $SUI, $INJ, and $FTM are among the altcoins currently making the fastest progress to the upside.

Two meme coins are today's top performers.

Sui is gaining traction with bullish signals, showing potential for a continued uptrend.

Crypto Prices Today, October 1: The broader market on Tuesday saw a set of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price saw a waning action, resting at the $63K level today.

SUI has seen a 15% surge in the past week following its remarkable price action throughout Q3. The cryptocurrency's performance continues to fuel investors' sentiment, but some believe the upcoming unlock event could hinder its rally toward a new all-time high (ATH) next quarter.

Sui cryptocurrency is making headlines as it witnesses a significant price surge, increasing by 10% in just 24 hours. This remarkable rise is part of a broader bullish trend, with SUI experiencing a staggering 125% increase over the past month.

After a strong bullish trend, the Sui (SUI) price has consistently climbed over recent weeks. This upward momentum has culminated in an impressive 126% increase in the past month.

Sui Bridge goes live on Mainnet, enabling native asset transfers between Ethereum and Sui, enhancing Web3 interoperability.

SUI is a closely watched L1 chain with accelerating inflows in the past month. The launch of a native version of the AUSD stablecoin and its usage to pay for gas fees further boosts liquidity on SUI.

Layer-1 blockchain Sui (SUI) is all geared up to unlock 64 million tokens on October 1, which is 2.40% of the total circulating supply. SUI is witnessing heightened investor interest as the crypto community eagerly awaits the token release.

TL;DR By October 2024, $1.3 billion worth of tokens will be unlocked on the market. Notable projects include Celestia, Sui and Aptos, with major releases scheduled. Investors should be on the lookout for potential impacts on cryptocurrency prices due to these unlocks.

Recently, SUI gained significant strength, which pushed the prices above the important resistance zone, which can be considered as a last pitstop before the highs. The token has formed a massive bullish pattern and after achieving the levels around the neckline, a gigantic bullish run could be imminent.

Layer-1 blockchain Sui (SUI) is set to unlock 64 million tokens on October 1, representing 2.40% of the total circulating supply. As the crypto community eagerly awaits the release of these tokens, SUI is experiencing heightened investor interest.

Crypto expert Ben Armstrong, aka “BitBoy Crypto,” highlights 8 key cryptocurrencies to watch during this bull season, targeting a potential $16 trillion market. He stressed that consistency is important, but being open to new data and volatile market trends sets successful traders apart from those stuck in the past.

The largest token unlock of the month belongs to Celestia, which will unlock 175.56 million TIA tokens on October 30.

SUI surged 115% in September, becoming the top-performing altcoin and reaching a five-month high. At press time Sui (SUI) was trading at $1.77 recording a 7% price jump over the day while its market cap surged past $4.

Sui cryptocurrency has seen a significant price surge, rising 10% in 24 hours and 125% in a month, bringing it close to its all-time high of $2.18 amid increased market interest and positive technical indicators.

This week marks an exciting period for the crypto market, with key events expected to drive market sentiment. At the forefront are the highly anticipated remarks from Federal Reserve Chair Jerome Powell and a significant $100 million token unlock by SUI.

The upcoming $1.3 billion token unlock could significantly impact market dynamics, potentially increasing selling pressure and volatility. The post Celestia, Sui, and Aptos set for $1.3 billion token unlock next month appeared first on Crypto Briefing.

While Celestia's monster $1 billion unlock dominates the rest of the field, several projects have large unlocks scheduled for the month of October.

Sui (SUI) price, a prominent layer-1 blockchain, is experiencing a significant uptrend. The SUI tokens have recently risen sharply, showcasing a strong bullish momentum.

SUI price surge is on the verge of breaking the $2 resistance after a strong rally, with a bullish pattern suggesting

The crypto venture capital scene is busy; Binance founder and former CEO Changpeng Zhao completes a four-month sentence; and SEC chair Gary Gensler addresses Bitcoin in a TV appearance.

SUI is currently testing crucial supply levels after an impressive 75% surge from local demand around $1 since mid-September. This aggressive price movement has placed the layer-1 blockchain at the forefront of market discussions, making it one of the most trending assets right now.

The biggest raise this week came from Celestia. It announced a $100 million round led by Bain Capital Crypto, with participation from 1kx, Syncracy Capital, Placeholder and Robot Ventures.

An analyst who earned the “Master Trader” rank on the crypto exchange Bybit believes that one frog-themed memecoin will leave most digital assets in the dust.

TL;DR Sui Network Overview: Sui Network is a cutting-edge Layer-1 blockchain designed to simplify smart contract creation and execution, excelling in handling multiple transactions simultaneously. Q4 2024 Price Prediction: SUI's price is forecasted to range between $1.74 and $8.24, with optimistic scenarios suggesting a potential increase. Conservative estimates predict a minimum price of $0.

Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention.

Crypto volume staged a strong comeback in centralized and decentralized exchanges as most coins bounced back.

In this week's venture capital update, more than $253 million flowed into the crypto startup world, although the bulk of that funding went to the blockchain network Celestia Foundation. Crypto.

October has historically been a bullish month for altcoins and cryptocurrencies in general. With great momentum building, fueled by increasing demand and favorable market conditions, several altcoins are also inching closer to breaking their previous all-time highs.

The social sentiment around SUI has skyrocketed in the past few days to an unprecedented level as a result of an increase in community interaction witnessed across multiple platforms. This recent surge in interest indicates growing support and enthusiasm from the vibrant community, solidifying SUI's stance in the crypto sector as a potential asset.

Sei (SEI) and Sui (SUI) have been trending closely together, with both showing significant price movements. However, recent shifts in market dynamics suggest that Sei might be poised to outperform Sui in the near future.

Solana which entered the crypto space being one of the tough competitors of Ethereum is often compared and equated with the other chains like SUI or SEI. These tokens have gained enough attention from the market participants as they surged over 150% in very little time.

Uptober is just around the corner. Crypto traders are eagerly anticipating the market's usual rally at this time of year.

Real Vision analyst Jamie Coutts believes that the crypto market could finish out the year with strong rallies. Coutts says that the TOTAL3 chart on the weekly timeframe appears to be breaking out of a descending trend line and printing a bull reversal pattern.

TL;DR Celestia (TIA) will unlock $1.1 billion worth of tokens on October 31, making it one of the most significant launches of the month. Cheelee will also be performing a significant $300 million unlock on October 10, although it is facing market stability issues following recent price fluctuations.

Sui's price has surged recently, with technical indicators pointing to continued bullish momentum.

The release of Celestia's $1.1B tokens is just one part of the massive token unlock wave coming in October.

The September months have sparked the initial bullish turnaround for most major altcoins amid the recent Fed rate cut. Historically, the crypto market provides accelerated recovery momentum in Quarter 4, intensifying the buying activity.

As we near the end of 2024, Grayscale Research has revealed an exciting list of the top 20 cryptocurrencies expected to shine in the final quarter. With six new altcoins added, including Sui (SUI) and Optimism (OP), the buzz in the crypto market is palpable.

The looming token unlock will raise concerns about prices?

As the cryptocurrency landscape continues to evolve, Grayscale in its recent research titled ‘Grayscale Research Insights: Crypto Sectors in Q42024' has identified six emerging assets, Sui (SUI), Bittensor (TAO), Optimism (OP), Celo (CELO), Helium (HNT), and UMA Protocol (UMA), as high-potential investments for Q4 2024.

Grayscale's updated list signals a strategic shift towards decentralized AI and high-performance infrastructure, highlighting evolving market trends. The post Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024 appeared first on Crypto Briefing.

On October 31st, Celestia will release tokens worth a whopping $1.1 billion. Additionally, $300 million in Cheelee tokens will be available starting on October 31st.