Sui (SUI) trading volumes have gone up by 165% in the past 24 hours and have pushed the token nearly 25% higher after it broke above a key resistance.
The SUI price has risen above the bearish trend that it held since the start of the year, when it marked a new ATH above $5.3. With this breakout, the token has triggered a fresh upswing, which is believed to secure an important resistance level.
The broader crypto market saw a wave of green today, and among the standout performers is Sui ($SUI), which has posted eight consecutive green candles within 24 hours, a 27% surge. The rally follows a renewed appetite for risk in the market, triggered in part by U.S.
Sui has logged eight green candles and a 27% jump as memecoin activity has lifted network volume 54.7% to $4.47 billion. Developer engagement has risen, and a spot ETF filing has bolstered sentiment. Charts have confirmed an ABC breakout pattern that targets $3.20 and possibly $8.99. The post Sui Rockets 27% on Memecoin Frenzy—Will Bulls Break $3.70? appeared first on Cryptonews.
As Bitcoin (BTC) passes $94,000, the altcoins are following. Layer 1 networks Ethereum (ETH), Solana (SOL), and Sui (SUI) are among the top altcoins starting to outperform the number one cryptocurrency.
Sui (SUI) breaks key resistance with 20% rally as network growth and easing trade war concerns fuel optimism for continued gains.
BTC sits at a multi-week peak of over $94,000.
SUI crypto has gone up by by nearly 32%, upholding the positive momentum from the previous trading day. SUI-based meme coins such as MIU, LOFI and BLUB have also gained popularity.
The saying “A rising tide lifts all boats” perfectly captures the current state of the crypto market, as Bitcoin's rise has propelled altcoins higher. Among the beneficiaries are the crypto tokens within the SUI network.
April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.
April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.
The Sui (SUI) price has experienced a major bullish breakout in tandem with a pump in the broader crypto market on positive trade war headlines, breaking a key resistance level in the process, and opening up the possibility of further rapid upside in the coming days and weeks. The post Sui Price Analysis: Massive Bullish Breakout Opens Door to Rapid 2x SUI Rally appeared first on Cryptonews.
The new network will use stablecoins such as USDC and EURC to help financial institutions facilitate global money movement and settlement.
SUI has seen growth in most key metrics, partially fueled by the memecoin rally, leading to the latest price breakout.
South Korean crypto exchange Upbit has announced a new listing for an altcoin on Sui (SUI), triggering explosive price action. According to a new announcement, Upbit is supporting DeepBook (DEEP) for trading over the Sui network on its platform starting Tuesday.
TL;DR Circle unveiled a new payments network (CPN) that enables near-instant international transfers using stablecoins like USDC and EURC. The system aims to replace traditional processes by eliminating delays and high fees through blockchain technology and 24/7 operation.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
SUI, a blockchain project that many now call Solana's biggest rival, is suddenly back in the action. Over the past week, its price has jumped nearly 25%, going from $1.86 to around $2.32. But this quick surge is just part of a much bigger picture.
Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI).
Circle, the issuer behind USDC and EURC stablecoins, is launching a new global payments system that will streamline cross-border bank transactions. According to a press release on Apr.
USDC's supply has risen to just under $61 billion as of April 19, up from $44 billion at the start of the year.
The Circle Payments Network will leverage regulated stablecoins led by USDC and EURC. The CPN will connect global banks, and VASPs to outpace legacy systems like SWIFT. Circle Internet Financial, a top-tier stablecoins issuer, announced the launch of Circle Payments Network (CPN), a blockchain-based platform to connect global financial institutions.
SUI has been attempting a major price breakout on the charts.
USDC's accelerated growth appears increasingly tied to its regulatory clarity and institutional appeal, particularly as Circle advances plans for a potential IPO.
Sui (SUI) and Litecoin (LTC) have both delivered strong gains in the past 24 hours as the market kept pushing their prices to higher levels during the weekend.
Circle, the FinTech firm behind the $60 billion USDC stablecoin, is reportedly launching a new payments and cross-border remittance network. According to a report Monday (April 21) by CoinDesk, invitations were sent to industry stakeholders for a launch event April 22 at Circle's headquarters in New York featuring a presentation by CEO Jeremy Allaire.
Circle, the firm behind the $60 billion USDC stablecoin, is set to launch a new payments and cross border remittance network Tuesday to rival Mastercard and Visa. CoinDesk's Christine Lee hosts "Chart of the Day.
Shiba Inu (SHIB) holders have something to cheer about as the meme coin is exhibiting bullish potential, as it has registered an uptick in the past 24 hours. This development has helped SHIB flip two other assets to claim 16th place in terms of ranking by market capitalization.
Made-in-USA crypto assets Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing contrasting signals heading into the final week of April, each offering a distinct setup for traders and investors. Solana has rebounded 6% this week, reclaiming the $130 level after a 53% correction earlier in the year.
The crypto markets initiated the weekly trade with decent gains while Bitcoin price surged above $87,000 and attained significant momentum. The other tokens also surged, but the intensity was lower compared to Bitcoin. Meanwhile, the SUI price is attracting massive volume, which suggests the investors could be extremely bullish about the upcoming price action.
Handling USDC disputes has always been a tricky part of using stablecoins. Once you send a payment on-chain, there is usually no way to reverse it—no refunds, no chargebacks, and no easy fix if something goes wrong.
Circle introduces a new payments network targeting global remittances.
User growth and liquidity inflows hinted at a breakout opportunity on the charts.
Made in USA coins like Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing very different signals heading into the last week of April.
SUI blockchain is gaining traction as its market cap nears $7 billion, driven by rising meme coin activity and DeFi engagement. Over the past week, SUIs DEX volume surged 4.49% to $2.1 billion, briefly surpassing Arbitrum to become the fifth-largest chain by DEX volume.
SUI blockchain has been gaining traction in recent weeks, and its market cap is now approaching $7 billion. Fueled by meme coin activity and rising DeFi engagement, the network has seen a notable jump in DEX volume and technical momentum.
Think you've missed the chance to catch the next big crypto wave before 2025? Not yet. As the market starts to steady and attention turns to tokens with real use cases, a select few are emerging—not from viral hype, but from practical, working solutions.
Sui is trading at a major high timeframe support region with multiple technical confluences in its favor. As price compresses and volume fades, all eyes are on this level for a potential macro reversal.
Assessing SUI's next move amid flat demand and market interest.
The cryptocurrency landscape in 2025 brims with opportunities as innovative projects like Sui, Bittensor, and CartelFi capture investor attention. Sui's robust Layer-1 blockchain, bolstered by strategic partnerships, signals strong growth potential, while Bittensor's fusion of AI and blockchain offers a unique value proposition despite market volatility.
Binance has announced the launch of its 68th project on the Binance Launchpool, featuring Initia (INIT), an omni-chain rollups network designed to enhance the capabilities of appchains.
Circle, the issuer behind the USDC stablecoin, has officially introduced the Refund Protocol—an advanced smart contract framework developed by Circle Research.
Panama City has joined the growing list of global jurisdictions that accepts crypto payments.
Sui (SUI) has performed neutrally in the past day to stand at $2.10 while Hedera (HBAR) has experienced a 1.4% uptick and currently sits at $0.1600 during what has been a choppy session with a slight bearish tone.
Crypto payments protocol AEON is partnering with Stellar to accelerate the adoption of crypto for payments across Southeast Asia.
Sui meme coins, not typically seen at the forefront of the sector, are surging in volume recently. Their market cap is far smaller than Solana meme coins, but it's also growing fast.
Dynamic's also supports Algorand, Base, Berachain, Bitcoin, Cosmos, Farcaster, Solana, Telegram as well as other EVM and SVM protocols.
We see more and more traditional finance exploring on-chain options. The Athens Exchange in Greece, ATHEX, is now moving to use a Sui orderbook.