Sui (SUI) trading volumes have gone up by 165% in the past 24 hours and have pushed the token nearly 25% higher after it broke above a key resistance.

The SUI price has risen above the bearish trend that it held since the start of the year, when it marked a new ATH above $5.3. With this breakout, the token has triggered a fresh upswing, which is believed to secure an important resistance level.

The broader crypto market saw a wave of green today, and among the standout performers is Sui ($SUI), which has posted eight consecutive green candles within 24 hours, a 27% surge. The rally follows a renewed appetite for risk in the market, triggered in part by U.S.

Sui has logged eight green candles and a 27% jump as memecoin activity has lifted network volume 54.7% to $4.47 billion. Developer engagement has risen, and a spot ETF filing has bolstered sentiment. Charts have confirmed an ABC breakout pattern that targets $3.20 and possibly $8.99. The post Sui Rockets 27% on Memecoin Frenzy—Will Bulls Break $3.70? appeared first on Cryptonews.

Kain Warwick, founder of Synthetix, announces new incentives to restore sUSD peg.

As Bitcoin (BTC) passes $94,000, the altcoins are following. Layer 1 networks Ethereum (ETH), Solana (SOL), and Sui (SUI) are among the top altcoins starting to outperform the number one cryptocurrency.

Sui (SUI) breaks key resistance with 20% rally as network growth and easing trade war concerns fuel optimism for continued gains.

BTC sits at a multi-week peak of over $94,000.

SUI crypto has gone up by by nearly 32%, upholding the positive momentum from the previous trading day. SUI-based meme coins such as MIU, LOFI and BLUB have also gained popularity.

The saying “A rising tide lifts all boats” perfectly captures the current state of the crypto market, as Bitcoin's rise has propelled altcoins higher. Among the beneficiaries are the crypto tokens within the SUI network.

April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.

April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.

The Sui (SUI) price has experienced a major bullish breakout in tandem with a pump in the broader crypto market on positive trade war headlines, breaking a key resistance level in the process, and opening up the possibility of further rapid upside in the coming days and weeks. The post Sui Price Analysis: Massive Bullish Breakout Opens Door to Rapid 2x SUI Rally appeared first on Cryptonews.

SUI has seen growth in most key metrics, partially fueled by the memecoin rally, leading to the latest price breakout.

South Korean crypto exchange Upbit has announced a new listing for an altcoin on Sui (SUI), triggering explosive price action. According to a new announcement, Upbit is supporting DeepBook (DEEP) for trading over the Sui network on its platform starting Tuesday.

The crypto market registered a notable uptick on Monday, getting off to a strong start to the new week. Price action remained subdued last weekend as Bitcoin (BTC) and other cryptocurrencies traded sideways.

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

SUI, a blockchain project that many now call Solana's biggest rival, is suddenly back in the action. Over the past week, its price has jumped nearly 25%, going from $1.86 to around $2.32. But this quick surge is just part of a much bigger picture.

Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI).

Synthetix (SNX) price shot up 7% in the past 24 hours as founder Kain Warwick took a firm stance on the recent depegging of sUSD stablecoin.

Yoki Legacy returns to the Soneium ecosystem, offering a new wave of excitement with enhanced gameplay and ASTR token integration, building on the success of Yoki Origins.

SUI has been attempting a major price breakout on the charts.

The crypto market has started the week on a bullish note, registering a jump of over 2% and rising to $2.75 trillion as cryptocurrency prices registered a sharp increase thanks to a perceived threat to the Federal Reserve's independence after President Trump's comments on Fed Chair Jerome Powell.

Sui (SUI) and Litecoin (LTC) have both delivered strong gains in the past 24 hours as the market kept pushing their prices to higher levels during the weekend.

The crypto market has shown consistent growth over the past few days, helping altcoins alongside Bitcoin to recover. However, relying solely on broader market cues or momentum will not sustain price growth.

TL;DR Synthetix launched a new staking mechanism, the “sUSD 420 Pool,” offering SNX rewards to stabilize the price of its sUSD stablecoin. Founder Kain Warwick warned that pressure will be applied if participants don't respond to the voluntary incentive. The value of sUSD dropped to $0.68 in April but has partially recovered to $0.

Shiba Inu (SHIB) holders have something to cheer about as the meme coin is exhibiting bullish potential, as it has registered an uptick in the past 24 hours. This development has helped SHIB flip two other assets to claim 16th place in terms of ranking by market capitalization.

Made-in-USA crypto assets Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing contrasting signals heading into the final week of April, each offering a distinct setup for traders and investors. Solana has rebounded 6% this week, reclaiming the $130 level after a 53% correction earlier in the year.

The crypto markets initiated the weekly trade with decent gains while Bitcoin price surged above $87,000 and attained significant momentum. The other tokens also surged, but the intensity was lower compared to Bitcoin. Meanwhile, the SUI price is attracting massive volume, which suggests the investors could be extremely bullish about the upcoming price action.

Kain Warwick, the founder of the decentralized finance (DeFi) platform Synthetix, has urged SNX SNX token holders to take action to help restore the value of the project's stablecoin, sUSD.

Synthetix founder Kain Warwick has urged SNX stakers to adopt the protocol's newly launched staking mechanism aimed at restoring the dollar peg of its stablecoin, sUSD. The post Synthetix Founder Warns SNX Stakers to Embrace New Mechanism or Face ‘The Stick' appeared first on Cryptonews.

As sUSD continues to trade below its intended $1 peg, Synthetix founder Kain Warwick has urged stakers to step up and help restore stability before more stringent measures are implemented.

User growth and liquidity inflows hinted at a breakout opportunity on the charts.

Synthetix founder Kain Warwick has threatened SNX stakers with “the stick” if they don't take up a newly launched staking mechanism to help fix the protocol's ongoing sUSD (SUSD) depeg.Warwick said in an April 21 post to X that it has now implemented a sUSD staking mechanism to address the depeg, but admitted it is currently “very manual” without a proper user interface. However, once the UI goes live, Warwick said, if there isn't enough momentum, then they may have to “ratchet up the pressure” on the stakers in the sUSD 420 pool.

Made in USA coins like Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing very different signals heading into the last week of April.

SUI blockchain is gaining traction as its market cap nears $7 billion, driven by rising meme coin activity and DeFi engagement. Over the past week, SUIs DEX volume surged 4.49% to $2.1 billion, briefly surpassing Arbitrum to become the fifth-largest chain by DEX volume.

SUI blockchain has been gaining traction in recent weeks, and its market cap is now approaching $7 billion. Fueled by meme coin activity and rising DeFi engagement, the network has seen a notable jump in DEX volume and technical momentum.

Think you've missed the chance to catch the next big crypto wave before 2025? Not yet. As the market starts to steady and attention turns to tokens with real use cases, a select few are emerging—not from viral hype, but from practical, working solutions.

Token unlocks have the power to move markets. They inject fresh liquidity, trigger price swings, and influence investors' feelings about a project.

Sui is trading at a major high timeframe support region with multiple technical confluences in its favor. As price compresses and volume fades, all eyes are on this level for a potential macro reversal.

Synthetix has launched a new liquidity initiative aimed at stabilizing its algorithmic stablecoin sUSD, which has been trading well below its intended $1 peg.

Assessing SUI's next move amid flat demand and market interest.

More than a year after its initial announcement, Arbitrum launched Timeboost yesterday.

Synthetix's sUSD stablecoin has plunged as low as $0.68, losing its dollar peg amid structural changes, sparking fears of a broader DeFi crisis and highlighting vulnerabilities in algorithmic stablecoin mechanisms. The post Stablecoin Sinks to $0.68: sUSD Loses Its Peg, Sparks Fears of SNX Death Spiral? appeared first on Cryptonews.

TL;DR The drop of ASTR to $0.02 on April 7 led Astar to cut base staking rewards from 25% to 10% to stabilize APR. Astar raised the variable portion of staking rewards for dApps from 40% to 55%, ties issuance to TVL, and does not affect developers. It set a minimum issuance floor of 2.

The cryptocurrency landscape in 2025 brims with opportunities as innovative projects like Sui, Bittensor, and CartelFi capture investor attention. Sui's robust Layer-1 blockchain, bolstered by strategic partnerships, signals strong growth potential, while Bittensor's fusion of AI and blockchain offers a unique value proposition despite market volatility.

This new chain, built by Ethena Labs and Securitize, is designed to be the settlement layer for on-chain finance and RWAs. Celestia provides the underlying infrastructure.

The Synthetix protocol stablecoin dropped to a new low this week, extending its month-long depegging trend.