Sui has been trading within a rising parallel channel, with occasional surges pushing the price into the upper bands.
Crypto assets are trading sideways after attempting a narrow recovery following last week's free fall. Despite slight whale inflows, Solana (SOL) and Tron (TRX) are among the struggling altcoins.
Hyperliquid becomes the latest addition to the top 20 after a stunning rise of over 20% in the past 24 hours. Meanwhile, the SUI price also triggered a strong rebound from the local lows as the bulls appear to be poised to push the token to new highs.
Phantom, a Solana-focused cryptocurrency wallet, has announced the inclusion of Sui, a high-throughput blockchain project, in beta. Sui becomes the fifth cryptocurrency option available on Phantom alongside solana, ethereum, bitcoin, and base.
The global crypto market cap was up 2.6% to over $3.57 trillion on Thursday, with trading volume up 17% to over $130 billion. Upbeat mood continued to dominate as the Asian trading session saw Bitcoin (BTC) hold steady following a bounce to above $105k on Wednesday.
The cryptocurrency market has experienced a trend reversal, recording a 3% surge in market capitalization over the last 24 hours.
After what was generally perceived as a bullish FOMC meeting on Wednesday, Bitcoin (BTC) and altcoins are surging higher. Solana (SOL) and Sui (SUI) are leading the altcoin pack.
Sui price saw 12% recovery rally on Thursday as the mood in the crypto industry improved after the FOMC meeting. Another reason for this swift uptick could be the project's integration with the Phantom wallet and its DEX protocols surpassing the $60 billion volume milestone.
SUI has surged past the key $3.9 resistance level, sparking renewed optimism among traders and investors. This breakout marks a crucial shift in momentum, signaling that bulls are gaining control after a period of consolidation.
In a major win for crypto regulation, Spanish authorities, with help from the T3 Consortium, dismantled a crime syndicate, arresting 23 individuals and seizing $26.4 million. On the market side, analysts are eyeing the movement of Bitcoin by long-term holders, which could signal a bullish trend and drive up prices due to increased market liquidity.
Spain's Guardia Civil, in collaboration with Tether, TRON, and TRM Labs, froze $26.4 million in crypto linked to a European criminal network. Spanish authorities and the T3 Financial Crime Unit blocked $26.
Analysts see potential for SUI and APT to climb to $16 and $22, respectively, by year-end 2025, driven by increasing adoption, network growth, and improving market sentiment.
Litecoin, Cardano, and Sui are the hottest cryptos today, with LTC breaking out of a bull flag, ADA forming a BARR bottom, and SUI eyeing a 140% rally.
SUI, the native token of the Sui blockchain, has entered a bearish phase amid the ongoing downturn in the cryptocurrency market. Technical indicators suggest that the asset could face a significant decline, with a potential drop of as much as 35% from its current price levels.
Popular crypto wallet Phantom has launched support for Sui, which joins the likes of Solana, Bitcoin, and Ethereum in the app.
Web3 wallet service provider Phantom has officially integrated support for the Sui (SUI) blockchain following the announcement made by the Sui Foundation in December 2024. The update, announced Wednesday, makes Sui the fourth Layer 1 (L1) blockchain accessible to Phantom's millions of monthly active users.
TL;DR Phantom Wallet has integrated support for the Sui blockchain, allowing its 15 million users to manage SUI directly from the app. The update facilitates the sending and receiving of SUI, swapping native tokens, and accessing decentralized applications (dApps) such as Suilend and Navi.
Non-custodial crypto wallet Phantom has officially added support for the layer-1 blockchain Sui. Following the initial announcement about a planned Phantom wallet and Sui (SUI) integration in early December, the two platforms have have now confirmed official support.
The SUI blockchain is now the first Move-based chain to get Phantom's complete support. However, is this enough to end the ongoing selling spree in SUI price?
Ethereum price has been a major laggard in the crypto market this year as it remains in a technical bear market. While ETH typically rebounds in February, investing in quality Ethereum rivals may be a good option to generate strong returns and diversify a portfolio.
Jito surged over 8% on Wednesday as the network outpaced several blue-chip blockchain networks in fees. Jito (JTO), the largest liquid staking platform on Solana (SOL), has become the second most profitable entity in the crypto industry after Tether.
Phantom Wallet adds support for Layer 1 Sui blockchain, expanding its multi-chain capabilities.
Sui launches on Phantom Wallet, the only Move-based blockchain on the platform, with TVL at $1.64 billion and growing. The post Sui launches on Phantom Wallet, expanding access to 15 million users appeared first on Crypto Briefing.
Initially launched as a Solana non-custodial wallet, Phantom now also supports the Bitcoin, Ethereum, Polygon and Base blockchains.
DTX outperforms Solana and SUI with 200,000 TPS and lower fees. The final presale stage is at $0.16, and the listing is at $0.20.
The crypto market is buzzing as Avalanche (AVAX) sets its sights on $75, SUI eyes a climb past SHIB, and Lightchain AI emerges as the next high-potential coin for exponential growth.
With the global crypto market facing a downturn, the entry of Trump's World Liberty Finance into the space through significant investments, has sparked the attention of analysts and traders alike. As the company continues to accumulate more assets, particularly Ethereum (ETH), TRON (TRX), Chainlink (LINK), Aave (AAVE), and Minotaurus (MTAUR), it's clear that these altcoins
Boasting a 1300% increase in its price, the SUI token is one of the most talked about crypto assets of 2024. Sui (SUI) is a layer-1 blockchain that aims to onboard the next billion users in Web3.
Amid this bearish market sentiment, SUI, the native token of the Sui blockchain appears bearish and is likely headed for a double-digit price drop, as it has formed a bearish price action pattern on its daily time frame.
Sui price shows signs of a potential rally after a recent downturn. The broader crypto market recovery fuels optimism, with SUI attempting to regain lost ground.
A recent on-chain investigation indicates a hacker plundered $29 million worth of the Solana (SOL) rival Sui (SUI) from a single victim last month. The on-chain sleuth ZachXBT uncovered the hack, which he notes occurred on December 12th.
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.
TRON (TRX) is currently experiencing significant bearish pressure, with technical indicators and price action pointing toward further declines. Despite efforts from key market participants, such as World Liberty Financial's purchase of $2.6 million in TRON tokens, the price momentum for TRX remains weak.
Toncoin (TON), Tron (TRX), and Binance Coin (BNB) are flashing bullish reversal signals, with key technical breakouts ahead.
The OBV has formed lower lows during the range formation. This was a piece of bad news for the bulls.
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.
The T3 Financial Crime Unit (T3 FCU)—a joint task force formed by Tether, TRON, and TRM Labs—has frozen $26.4 million in crypto tied to a large-scale European money laundering operation, according to a Jan. 27 statement shared with CryptoSlate.
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.
Tron, Tether and TRM Labs worked with Spanish authorities to destabilize a pan-European crypto laundering scheme.
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.