SUI Price Increases 10% Despite Market Downturn – Is $1.50 Next?
The SUI price bounced sharply on January 22, breaking out from a short-term resistance trend line.
Keep up with what's happening in the crypto world in real-time.
The SUI price bounced sharply on January 22, breaking out from a short-term resistance trend line.
Sui, the Layer 1 blockchain, emerges as a standout performer in the volatile cryptocurrency market, displaying resilience amid fluctuations. Recent data shows a remarkable 9% surge in the last 24 hours, with the trading price reaching $1.18, signaling a prevailing strong bullish sentiment.
A widely followed crypto analyst thinks that an altcoin running on the Ethereum (ETH) network is gearing up for a big surge in price. Trader Michaël van de Poppe tells his 685,500 followers on the social media platform X that the decentralized oracle network Chainlink (LINK) looks poised for a 2x rally.
Sui price prediction: Sui, the Layer 1 blockchain, has recently emerged as a standout performer in the volatile cryptocurrency market. Despite facing some market fluctuations, SUI has demonstrated remarkable resilience, showing promise for its trajectory in 2024.
The event will be held in Paris, France and will feature leading voices from within and outside the Sui blockchain ecosystem.
In today's crypto market, various performances were observed, as leading cryptocurrencies encountered selling pressure. Nonetheless, recent trends indicate a shift in investor attention towards smaller altcoins, fostering a positive outlook for the overall crypto segment.
Today's crypto market showed a mix of performances, with leading cryptocurrencies facing selling pressure from investors. However, recent market trends suggest a shift in investor focus toward smaller altcoins, contributing to the overall positive outlook for the crypto segment.
Sui is a permissionless layer 1 blockchain designed to be both developer and user-friendly. It can support a wide range of application development with unrivaled speed at low cost.
Ethereum has been seeing liquidity outflow, and Solana and Sui are the networks taking almost all the flow. The post How Solana, Sui made gains from ETH outflows appeared first on AMBCrypto.
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $42,000 level on Friday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,500 mark this morning.
The cryptocurrency market, renowned for its volatility, faces a new challenge: high staking inflation rates.
The collaboration will provide developers and users access to real-time pricing data on the Sui blockchain.
SUI price prediction: Sui, the Layer-1 smart contract platform, has recently become a focal point in the decentralized finance (DeFi) sector. Its native token, SUI, has witnessed a striking 280% growth in just three months.
The Sui Foundation, the driving force behind the $2 billion-valued layer-1 blockchain Sui, has announced a partnership with Stork, an advanced off-chain data feed oracle. The collaboration is set to redefine the landscape of trading and app development by providing ultra-fast, accurate pricing data to builders on the Sui blockchain.
The Sui blockchain has partnered with low-latency oracle Stork to provide real-time pricing data to enhance risk management and trading capabilities for builders on its network.
This partnership aims to change how traders and developers get important market data, bringing in a new era of accessibility and speed. Stork's Cutting-Edge Role in Real-Time Pricing for Sui Foundation Stork sets itself apart in the world of super-fast trading by delivering updates for more than 80 price feeds in just milliseconds.
Stork is an oracle purpose-built for the rigors of ultra-low latency trading.
The token's surge has sparked a bullish trend among investors, particularly following the it's October regulatory saga.
The SUI blockchain has been ramping up since the year 2024 began, and a natural consequence of this rapid growth is that it has now surpassed some major players in the decentralized finance (DeFi) space. This has put it ahead of heavy hitters such as Bitcoin and Aptos as SUI begins to leave its mark on the market.
Bitcoin's performance after the BTC ETF approval last week was a bummer. Most speculators anticipated a price surge above $50,000 but all they got was a sharp dip below $42,000.
An uptick in protocol fundamentals appears to back the 300% rally in SUI price.
In a stunning display of financial prowess, the cryptocurrency sensation, SUI, has reached a new all-time high, hitting $1.45 and surpassing a market cap of $1.5 billion. This remarkable achievement has sent ripples through the crypto community, as investors and enthusiasts alike marvel at SUI's meteoric rise. SUI's ascent has been nothing short of spectacular.
On-chain data unravels a surprising rise in SUI ecosystem's TVL as the Layer-1's native token claims new heights.
Sui (SUI), a newcomer in the crypto sphere, is making waves as it tallied an impressive 87% rally in the last seven days, pushing its price to reach $1.43 at the time of writing for a new record high. Its native token has outperformed Bitcoin, sparking renewed interest in the dormant DeFi scene.