Sui faces a significant test as $151 million worth of tokens unlock on April 1, with market indicators showing mixed signals amid growing ecosystem adoption but declining total value locked.
Berachain has emerged as a leading blockchain for net bridge inflows and one of the fastest-growing networks in total value locked over the past month. Over the past month, Berachain (BERA) led in net bridge flows with $354.
Sui is set for a major supply event, with 64.19 million SUI tokens worth approximately $148.29 million scheduled for release on April 1, sparking concerns about potential selling pressure and its impact on SUI price.
Made in USA coins are showing mixed signals as April begins, with XRP, SUI, and Pi Network (PI) standing out. XRP leads in market cap but also posted the biggest drop among the top 10, down 10.6% this week.
SUI climbs 6% amid rising adoption and technical support. Is this bullish momentum sustainable, or just a short-term relief rally? The post SUI Surges 6% This Week: A Sign of Bullish Momentum or Just the Beginning? appeared first on Cryptonews.
Cryptocurrency trader and analyst Ali Martinez is leaning bullish on an altcoin that's less than two months old while unveiling his forecast for XRP (XRP) and Sui (SUI).
SUI has shown signs of recovery, and the crypto token's price is trading at $2.65, which is just below the crucial resistance level of $2.77. This resistance stands as the last hurdle before the altcoin can reach the $3.00 mark.
Amnis Finance has become the first protocol to participate in Aptos' Liquid Funding Model (LFM) initiative. The development represents a crucial move in cementing Amnis Finance's status and enriching advancements in the Aptos decentralized finance (DeFi) space.
Berachain, the fast-growing layer-1 network, is performing well as its token rises and its decentralized finance ecosystem booms. Berachain (BERA) price rose to $8.60 on Thursday, up 60% from its lowest point in March.
The crypto market demonstrates steady improvement as multiple alternative tokens show major price increases. TON, SUI, and Pi have emerged as top performers in the market by recording impressive growth during the previous 24-hour period.
SUI is making another attempt to break past the crucial $2.82 resistance, a level that has repeatedly challenged bullish momentum. After a steady climb, the price now stands at a decisive point—will buyers have enough strength to push through, or will sellers step in to defend this barrier once again?
Aave (AAVE) was also a top performer, gaining 3.6% from Wednesday.
Bitcoin price has failed to break the crucial resistance point at $90,000 this week. It has formed numerous risky patterns, pointing to a potential crash potentially below $80,000.
Sui price, currently at $2.74, has broken out of a falling wedge and rising parallel channel, suggesting bulls are taking control. This recent surge has sparked excitement among traders and analysts, as it echoes past patterns that triggered notable rallies for Sui.
SUI and TON are the two top gainers from the larger-cap alts today.
SUI cryptocurrency shows strong breakout potential with technical indicators supporting a possible 25% upswing, while VanEck predicts it could reach $10 by 2025.
Sui Network's native token, SUI, has reclaimed a crucial level after its 10% price breakout. The token has shown bullish momentum over the past few days, climbing to weekly highs on Wednesday.
SUI volume is spiking up as the price is gaining huge momentum after rebounding from the local lows close to $2.5. This price action demonstrates healthy accumulation with decreasing volatility while maintaining higher lows since the local bottom.
The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.
Sui (SUI) has gone up by 8.4% in the past 24 hours to stand at $2.60 after news that Canary Capital filed an application for a SUI-linked exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
Sui (SUI) maintains strong support at $2.26 with technical patterns suggesting a potential 221% rally to $7.00, backed by ecosystem expansions and $73.85B in stablecoin transfers.
Berachain's BERA token has surged 37% in seven days following its Proof of Liquidity system launch, with technical patterns suggesting a potential rise to new all-time highs around $12.37.
Berachain (BERA), the innovative EVM-compatible Layer 1 blockchain, has officially launched its mainnet, drawing massive attention from the crypto world. Within its first 30 days, the Berachain network amassed $3.2 billion in total value locked (TVL), onboarding over 230 decentralized apps (dApps) across DeFi, GameFi, RWA, and more.
Berachain has gained over 35% in the past week, regaining strength after a consolidation phase. Trading at $7.89 as of press time, Berachain (BERA) is nearing a crucial resistance level of $8.34.
After a period of selling, market participants are starting to buy again.
The Berachain Network has ignited a wave of excitement with the launch of its Proof of Liquidity (PoL) system, propelling the BeraChain price to an intraday high of $8.25. Trading at $8.04 at press time, BeraChain crypto has witnessed an impressive 38.
The crypto market begins to recover while several rising altcoin values emerge. Bitcoin maintains its position at $88K, while Ethereum prices approach $2K, which shows potential for ongoing bullish momentum.
Aptos, a top layer-1 network, is showing resilience even as its token hovers near its lowest level since 2023. The Aptos (APT) token was trading at $5.90 on Tuesday, slightly above the year-to-date low of $4.60.
The $BERA token underlying the speedy new Berachain blockchain is surging harder than Solana today even amidst a wider market downturn that has seen crypto's $2.98 trillion market shed 1.4% in the last 24 hours. Bitcoin ($BTC) and Ethereum ($ETH) lead the downturn, with respective overnight losses of 1% and 1.5%.
Proof of liquidity is live as reward vaults are released for Berachain, causing BERA to break into the top 100 crypto tokens by market cap.
With Bitcoin (BTC) hovering just underneath its own breakout point, some of the altcoins have already made their moves. $BNB, $SUI, and $DOGE breakouts are analysed.
A proof-of-liquidity mechanism redistributes blockchain incentives, prioritizing liquidity over validator-centric models through a dual-token system. The post Berachain's ‘Proof of Liquidity' Goes Live Today, Governance Proceeds to Phase 1 appeared first on Cryptonews.
Berachain activated its long-anticipated Proof of Liquidity (PoL) system on March 24, a new incentive framework to redefine block rewards distribution. The network's native token, BERA, was up 16% over the past 24 hours and trading at $7.89 as of press time.
Berachain's token continued its strong rally on Monday, reaching its highest level since March 3 as its decentralized finance assets gained momentum. Berachain (BERA) price jumped to a high of $7.
TL;DR Innovative PoL Launch: Berachain introduces its Proof-of-Liquidity system, kickstarting Phase 1 of on-chain governance with decentralized BGT distribution. Dual Advantage: Unlike traditional PoS, users stake assets in DeFi liquidity pools to secure the network while keeping funds actively usable.
Berachain is rolling out the next phase of its proof-of-liquidity system, expanding governance and emissions beyond its native BEX pools. Up until now, only Berachain's (BERA) native exchange, BEX, was used to distribute rewards.
In recent days, Sui (SUI) has recorded an increase in activity on its blockchain, surpassing TON in two key metrics: the volume of stablecoin transfers and the number of daily active addresses. These data suggest an increase in interest from investors in the SUI network, as the asset approaches a key support level that could act as a catalyst for a future price recovery.
Berachain allows users to stake assets in DeFi liquidity pools to earn BGT tokens, a key aspect of its onchain governance.
SUI is gaining positive sentiment in the market.
SUI was stuck in a choppy price action in the last week, eventually recording a 2.48% loss. Just like the rest of the crypto market, the altcoin has remained largely in consolidation for the past two weeks with little indication of its next price breakout.
As the cryptocurrency market continues to surge, one project that has garnered increasing attention is Coldware (COLD). With the price of Sui (SUI) showing a notable rise of 7.01% over the past week, many analysts are speculating about its future trajectory.
Filecoin (FIL) was also an underperformer, declining 3.3%.
Sui (SUI) shows technical signs of a potential breakout from its corrective phase if it can overcome key resistance levels amid improving fundamentals.
Berachain's unique Proof-of-Liquidity mechanism will officially go live on March 24, expanding reward distribution beyond BEX pools to other apps and vaults.
Berachain (BERA) is currently trading around $6.05, with a market cap sitting near $653 million, after pulling back from a recent high of $7.08 reached on March 17.
Aptos now ranks as the fourth-largest blockchain by daily active users, with surging stablecoin trading volume and growing DEX sector.
Layer 1 blockchain leaders Ethereum (ETH), Solana (SOL), and Sui (SUI) all look as though they could get the wind in their sails if Wednesday's FOMC meeting sets a dovish tone. A high time frame analysis.