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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.
SUI, the native token of the Sui blockchain, has recently faced significant market turbulence, with more than $15 million worth of long positions being liquidated in the past three days. As a result, the price of SUI has dropped to a weekly low of $4.32, reflecting a nearly 5% decline in just 24 hours.
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.
