Popular crypto wallet Phantom has launched support for Sui, which joins the likes of Solana, Bitcoin, and Ethereum in the app.
Bitcoin's volatility is likely to pick up following Fed Chair Jerome Powell's comments, but the potential direction of the price move remains elusive to most traders.
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.
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.
With the asset currently trading below a significant resistance level, Stellar is finding it difficult to sustain momentum following a botched recovery attempt. Since XLM is still in a consolidation phase without a distinct breakout, the price action points to investor indecision.
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.
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.
Though XRP has seen increased activity, as U.Today previously mentioned regarding XRP's 800 million transaction surge, the momentum has not yet translated into a convincing price breakout, so the question of whether a recovery will actually occur remains. XRP's price movement has been bouncing around the $3.18 mark and has had difficulty establishing a definite bullish trend.
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.
Lightchain AI, a rising competitor to XRP, has already raised $13.2 million at a presale price of $0.00525 per token, with analysts predicting it could soar to $5 before Stellar (XLM) sees similar gains.
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.
Stellar Lumens (XLM) and Ripple (XRP) exhibit bullish setups on their respective charts. XLM's breakout hints at a potential wave extension, while XRP's symmetrical triangle positions it for a decisive move.
Story Highlights The live price of the Stellar crypto is . XLM price could reach a maximum of $1.29 in 2025. This altcoin could surpass the $6 mark with a high of $6.19 by 2030. With the crypto market turning bullish, Bitcoin with its recent feat, hit its milestone price of $100k.
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.
Popular cryptocurrencies like Stellar (XLM) and Shiba Inu (SHIB) just got a new leg up in their adoption, with listings against Circle's major stablecoin USDC on Bitget's platform. The exchange is considered one of the big players in the crypto space, with daily trading volume of $2.68 billion and total assets of $5.9 billion, according to CoinMarketCap.
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.
A well-known crypto analyst is predicting that a top-10 altcoin, XRP, could be on the verge of its next big rally, while also offering an optimistic outlook for Bitcoin and Stellar Lumens (XLM). Altcoin Sherpa, a popular figure in the crypto community, shared his analysis with over 240,000 followers on the social media platform X, highlighting upcoming price movements for some of the most talked-about cryptocurrencies.
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.
Stellar Lumens (XLM) is facing significant pressure from short positions, with key metrics signaling potential volatility in the near future. A recent analysis has shown that the short-term MVRV (Market Value to Realized Value) for XLM is flashing caution, indicating that a sudden price surge or decline could be imminent, depending on how traders react to key price levels.
Bitcoin is holding firm above $100,000, indicating that every minor dip is being purchased in anticipation of new all-time highs.
A popular crypto analyst thinks one top-10 altcoin is on the verge of another rally. The pseudonymous analyst known as Altcoin Sherpa tells his 240,300 followers on the social media platform X that XRP‘s next leg is loading. XRP is trading at $3.17 at time of writing.
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.
XLM could see spiked moves in either direction as key metrics seemed to suggest so.
Bitcoin is consolidating between $100,000 and $109,588, and charts currently indicate a higher chance of an upside breakout.
Website: https://elluminex.com Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex
The latest move in the ongoing rivalry between Stellar (XLM) and XRP saw the former hit an all-time low against its competitor. After XLM failed to hold the key price point of 0.15 XRP, it suffered a big drop, losing over 8% in a single day and 29% since the start of the week.
Ethereum, Solana, and Sui technical analysis: ETH eyes $25K, SOL targets $4.5K, and SUI aims for $10 as key bullish setups unfold.