Solana Sees 9% Gains While Rivals ETH, ADA & SUI Take Heavy Losses
The price of Solana has gained 8.7% in the past 30 days, while its rivals experienced significant losses during that same period.
Keep up with what's happening in the crypto world in real-time.
The price of Solana has gained 8.7% in the past 30 days, while its rivals experienced significant losses during that same period.
Sui (SUI) has reached a significant milestone, surpassing $60 billion in total decentralized exchange (DEX) volume, marking a 23.27% increase over the last 30 days. This surge highlights the platform's growing popularity and adoption, signaling a healthy upward trend in the decentralized finance (DeFi) space.
Sui's momentum is building, with key resistance levels within reach of a breakout right now.
SUI has been facing significant challenges in its attempts to recover from a steep 43% decline since the beginning of the year. Despite multiple efforts to bounce back, the altcoin has yet to establish a sustainable upward trend.
Sui (SUI) and Toncoin (TON) are testing key support levels with strong technical and fundamental backing.
SUI has struggled to regain lost ground after a significant 43% decline since the beginning of the year. Despite multiple bounce-back attempts, the altcoin has failed to establish a sustainable recovery.
Sui has entered a technical bear market after falling nearly 40% from its highest level this year. The Sui (SUI) token has dropped to $3.25, down from its all-time high of $5.36, bringing its market capitalization to $9.8 billion.
Some of the altcoins are up more than 5% on Monday. Could this latest surge turn into something else, or will it be short-lived with the downtrend to continue?
Pi coin price remains in a bear market after falling by over 50% from its November highs. This retreat is likely because of the ongoing altcoin crash, and the ongoing open network launch jitters.
The cryptocurrency market is recognized for its instability, and SUI's price has also been affected by this pattern. In the last month, SUI has faced a notable decrease, falling 36% from its earlier peaks.
The crypto market thrives on comebacks and SUI is no exception. Once again, the token is making waves as it rebounds from the key $2.8 support level, reigniting bullish optimism in the market.
Analyst and trader Jason Pizzino is saying that the crypto market is possibly at the tail end of the cycle. In a new video, Pizzino tells his 348,000 YouTube subscribers that for the current cycle, most of the gains “have been had already.
Despite recent corrections, the crypto market has highlighted four emerging Solana rivals showing strong growth. These altcoins have demonstrated resilience, attracting significant attention for their potential price movements.
Libre Capital expands access to investment funds on Sui, offering tokenized products and leveraging Move technology for secure asset access.
In a strategic alliance, Sui, a Layer-1 blockchain network, partnered with Libre Capital, a financial instrument tokenization leader. The collaboration focuses on allowing the community to invest in a diverse array of top-performing on-chain funds, including hedge funds, private credit funds, and money market funds.
The crypto market remains relatively quiet on Thursday, with minimal activity, as many traders remain on the sidelines.
Sui users could soon benefit from expanded access to tokenized funds through a new partnership between the blockchain platform and Libre Capital. The initiative will leverage the Sui (SUI) blockchain and is aimed at institutional and accredited investors.
Sui's latest partnership has brought traditional financial expertise into the digital asset market. It has integrated with issuance infrastructure developer Libre Capital, which enables the tokenization of a high-yield, market-neutral digital asset strategy from global financial services group Nomura's Laser Digital. The post Sui and Libre Open On-chain Access to Range of Investment Funds for Institutions appeared first on Cryptonews.
The cryptocurrency market is currently witnessing a tug-of-war between the bullish and bearish forces. While Bitcoin, Ethereum, and many other altcoins are showing signs of a range-bound consolidation, two key altcoins—Solana (SOL) and SUI—are standing at critical junctures.
However, the growing bear action in the broader market has continued to impact altcoins like Ethereum (ETH), XRP, SUI, and Avalanche (AVAX) in different measures. As of writing, the combined crypto market cap is down 1.56% to $3.16 trillion, proving that headwinds remain.
SUI, the native token of a Layer-1 blockchain, has recently experienced a steep price decline, dropping by more than 30% within the last month. As a result, traders and investors are growing increasingly concerned about the future of the token.
Sui (SUI) has gained the attention of traders after forming an attractive risk-to-reward ratio that appears favorable for short-term gains. The recent price action has led to a notable shift in market sentiment, with traders now focusing on critical support levels to determine the next movement.
Mahe, Seychelles, 5th February 2025, Chainwire
The start of the day was pretty consolidated for the crypto markets, with the trading volume slashing heavily by close to 30%. Both bulls and bears remain resilient, which may drop the volatility, leading to a range-bound consolidation for a while.