Toncoin price moved sideways after the TON Blockchain suffered a major setback last week when Tapswap selected another blockchain for its airdrop. Toncoin (TON) token was trading at $3.8515 on Tuesday, 55% below its all-time high.
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.
After a massive run with memecoins over the past few weeks, the crypto community is returning back to Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and other Layer-1 protocols. According to data insight from Santiment, Layer-1 networks have collectively seeing 44.2% of social discussions on specific coins.
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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.
TapSwap, a tap-to-earn game originally set to launch its TAPS token on The Open Network (TON), has announced it will launch on the BNB Chain instead.
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.
UPDATED: Here's the latest on the next wave of token launches and airdrops tied to Off the Grid, Zoo, the B3 network, and more.
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.
The TON ecosystem has suffered in the past week, with significant drops in user engagement and increasing selling pressure. The number of new users has dropped by a staggering 95% since the network's July all-time high.
The TON chain is well positioned to grow to a major DeFi chain following the recent announcement that Toncoin is the exclusive chain for the Telegram social app.
This decision, in partnership with The Open Network (TON) Foundation, limits Mini Apps to the TON blockchain. It has raised concerns about decentralization and exclusivity.
Libre Capital expands access to investment funds on Sui, offering tokenized products and leveraging Move technology for secure asset access.
Santiment warns that Shiba Inu's high whale dominance could trigger price drops if major holders decide to sell suddenly.
DefiLlama on-chain data has revealed a dwindle in multiple metrics on The Open Network TON blockchain, raising speculations that the blockchain and some of its decisions are risking its hold in the crypto and blockchain industry.
Tim Delhaes, co-founder and CEO of multi-chain wallet Grindery, argued that Telegram's exclusivity deal with TON Foundation risks alienating developers, which would make TON irrelevant. The newly announced exclusivity deal between the messaging app and TON Foundation mandates that all Telegram Mini Apps with crypto integrations through the TON network.
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.
Telegram requires all third-party crypto wallets to adopt TON Connect and migrate to The Open Network (TON) blockchain by February 21 or face suspension.
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.
Big changes are coming to cryptocurrency wallets on Telegram! With a new exclusive partnership with The Open Network (TON) Foundation, Telegram is taking crypto to the next level. From now on, all third-party crypto wallets on Telegram will need to use TON Connect as their exclusive wallet connection protocol.
TON Connect: what it is and how it works
Farm Frens has postponed its FREN token airdrop, originally scheduled for January, to February.
Telegram now requires third-party crypto wallets to use TON Connect, restricting Mini Apps to the TON blockchain and prompting concerns about decentralization and exclusivity.
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.
The price of Toncoin (TON) fell to $3.38 on February 3. The altcoin is currently in the oversold sector of the market after falling.
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.
SUI, the native token of the Layer-1 blockchain, has taken a major hit, dropping more than 30% in a month. Such a massive drop has raised concerns among traders, with crypto analyst Jason Pizzino warning that the token might be following a historical pattern that led to a deep crash in the past.
Data revealed that 75% of top SUI traders on Binance are going long.
Cryptocurrency analyst and trader Jason Pizzino is warning that one Solana (SOL) competitor is at risk of a severe correction. In a new video, Pizzino tells his 345,000 YouTube subscribers that Sui (SUI) may be repeating a historic pattern that could lead to a collapse.
SUI price has been up roughly 4% in the last 24 hours but has remained down 30% over the past month. Despite slight recovery, its technical indicators still point to an overall bearish setup, with both the Ichimoku Cloud and EMA lines suggesting strong resistance ahead.
The cryptocurrency market has entered a high-volatility phase, with SUI, XRP, and Bitcoin all experiencing significant price swings. SUI is teetering on a key support zone, raising concerns of a potential 40% crash.
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After a sharp fall, Sui (SUI) has recovered significantly and is poised for massive upside momentum due to its bullish price action on the four-hour timeframe. Data shows that after witnessing a price drop of over 38%, the altcoin has soared more than 55%, reclaiming all the losses.
Toncoin (TON), has made significant strides as a Layer-1, Ethereum-based altcoin. The token's market presence has been bolstered by notable investments, including backing from Pantera Capital, a prominent hedge fund and venture capital firm.