SUI hit a heights in trading volume recording $180 Billion in November, the highest in its trading history. This is also a significant milestone for the cryptocurrency. This surge in volume marked a massive increase, cumulatively adding over $141 Billion to its yearly total. Since May, SUI has shown consistent growth in trading activity month-over-month,…
Este artículo también está disponible en español. Aptos (APT) recorded a 37.6% surge in the last two weeks, reclaiming its Q1 levels. According to some market watchers, the cryptocurrency’s recent performance follows SUI’s lead, which has set the stage for a massive rally toward a new all-time high (ATH) in the coming weeks. Related Reading…
Sui Network, a Layer-1 blockchain, recently reached important milestones, showing its growing impact on its outlook. The network’s native token, SUI, increased its price by 90% from its All-Time Low (ATL) in November. SUI Price and Key On-Chain Milestones SUI’s recent trading price of $3.75 marks a sustained uptrend over previous gains accrued in the past week….
Recently, the Sui Network has gained traction with the release of its massive Sui Name Service (SNS). It aims to make interacting with the network easier. As traders expect a rise in SUI price it’ll be interesting to see what comes up next. Just days ago, Sui announced the SNS release, introducing the $NS token….
Sui Network (SUI), a layer-1 blockchain, is witnessing exciting times in price performance and ecosystem development. The price of SUI surged to new levels as increasing investors’ confidence pushed it to an all-time high (ATH). SUI Price Hits All-Time High Amid Investors’ Confidence With bullish momentum, the SUI price reached an ATH of $3.29 in early trading…
The Sui network is one of the blockchains that have demonstrated impressive growth in various main aspects of their operations. Its performance so far has been characterized by new milestones and one of the latest involves the USDC stablecoin. Sui revealed that USDC operating natively on its network surpassed $100 million. Even more impressive is…
Total transactions on Sui Network have surpassed Ethereum, coming in at 2.58 billion on November 6, 2024. As DeFi adoption continues to grow, CETUS Protocol has made huge exportation, becoming the first Sui-based Binance-listed token bringing some visibility and credibility. Sui Flips Ethereum in Total Transactions, Signals Rapid Network Growth Sui Network surpassed Ethereum in…
In October, Sui Network processed 431 million transactions, more than the combined totals of major blockchains. However, the SUI price has cooled down by 2% on the day. Is the retrace an accumulation to push the price higher? SUI Network Reigns October in Transactions Count According to data from Artemis, Sui Network recorded 431 million transactions in…
After recovering from the mid-October retrace, the SUI price attempted to reclaim the $2 mark. The token’s price reached $2.13 as it aimed to rally from a long-term falling wedge pattern. Some analysts believe the cryptocurrency could move significantly toward a new all-time high. However, the recent price action tells a different story. Examining the…
Recent Sui Network achievements put the token on track for a run to $10. With $2.3 trillion in assets unlocked, forming a bullish Cup and Handle pattern, and now reaching $5 billion in DEX volume, Sui is making waves in the blockchain space. Sui’s Unified Chain Boosts Asset Freedom The crypto market is seeing the…
Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered,…
Crypto expert Raoul Pal says Sui (SUI) seems to have broken out of the recent consolidatory phase, which bodes well for new all-time highs. Its price movements over the past few days saw an over 15% increase in value within a single day. It has triggered the interest of investors and analysts. Data from CoinMarketCap…
After a recent surge, SUI Network (SUI) experienced a 30% correction, with prices approaching the $1.5 level, raising interest among investors. Historically, significant price corrections have often created entry points. SUI’s current position could signal an opportunity for those awaiting a rebound. Given that the broader market has been consolidating, its upcoming price movements are…
Currently, SUI price has experienced a nearly 30% retracement over the past two weeks from its supply zone and yearly high. This week’s strong momentum has brought its price to the 500-day EMA band, effortlessly moving through the 20-day EMA band. The decline was primarily driven by pessimism surrounding the recent token unlock event, which…
Este artículo también está disponible en español. SUI, the native token of the Sui Network, has seen a 13% pullback in the past seven days, halting its bullish rally. The cryptocurrency broke from a 1-month structure, fueling a bearish sentiment among market watchers, who foresee further downside for the token. Related Reading SUI Loses Key…
The Sui Network’s data storage revamping took a new turn with the Mysten Labs deployment of the Walrus Protocol testnet. Deploying the decentralized storage network marks one of the key advances of Mysten Labs. This testnet launch brings many use cases to Sui users, including the capacity to upload and delete stored data. They could…
Este artículo también está disponible en español. SUI has lately attracted a lot of interest and peaked in its development. It finished the week at its all-time high price of $2.30 and ranked higher than top altcoins such as Polkadot (DOT), therefore ranking itself among the top 15 cryptocurrencies. Among those who support SUI, this…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Sui Foundation has pushed back against recent allegations that $400 million worth of Sui tokens were sold on the open market by insiders during the token’s price surge. The non-profit organization, which supports the Sui blockchain, firmly denied any involvement from its employees or those at Mysten Labs,…
SUI has surged over 10% within a single day, with analysts now giving a bullish outlook. The ultra-steep jump is not just a number. It is also a signal of the more considerable investor sentiments. Additionally, a surge in trading activity continuously projects SUI’s more bullish side. Its rapid ascent buzzed the digital landscape, and…
After a bearish trend, the Sui (SUI) price has paused near the last swing low. The SUI price dipped below the psychological level of $1 and eliminated small players. Here, whales showed interest, and the SUI price surged 160% in 6 weeks. Since May, the SUI price has struggled below the 200-day exponential moving average…
Circle has positioned itself to integrate natively and directly into native Sui Network Layer 1, an optimal blockchain determined by the incorporation of the Move programming language. This partnership will therefore provide a concrete and major step towards easy, convenient, and efficient use of stablecoins through multiple blockchains. It will also empower users with enhanced…
The Sui Layer-1 blockchain has seen fluctuations that weighed down its market value in the last few weeks. The outlook suddenly changed as the traditional bullish month, “Uptober,” appeared. Earlier this week, Sui saw a rise in popularity and a sharp price increase. While it did not hit an All-Time High (ATH) price, it certainly…
Este artículo también está disponible en español. SUI is currently testing a crucial supply zone following a massive 95% surge triggered by the Federal Reserve’s recent interest rate cut announcement. The explosive rally, driven by significant buying pressure, has led to volatile price action, raising questions about whether this upward momentum can be sustained. As…
Este artículo también está disponible en español. Crypto activity is dynamic, and with over two million tokens (and growing), it is hard to know precisely which of these coins will pump and on which network. Admittedly, meme coins have been dominating headlines, especially on Solana. From MooDeng to Bonk and Pepe, traders are on the…
Este artículo también está disponible en español. SUI has seen a 15% surge in the past week following its remarkable price action throughout Q3. The cryptocurrency’s performance continues to fuel investors’ sentiment, but some believe the upcoming unlock event could hinder its rally toward a new all-time high (ATH) next quarter. Related Reading From ‘SUIptember’…
Este artículo también está disponible en español. SUI is currently testing crucial supply levels after an impressive 75% surge from local demand around $1 since mid-September. This aggressive price movement has placed the layer-1 blockchain at the forefront of market discussions, making it one of the most trending assets right now. Related Reading Traders and…
September 28, 2024 at 04:50 PM GST updated: September 28, 2024 at 04:43 PM 2 mins read News Sui Network reaches $17B in DEX volume, ranking 2nd among non-EVM chains. Sui’s scalability and efficiency drive its rapid growth in the blockchain space. Non-EVM blockchains like Sui and Solana are gaining ground in DeFi markets. Sui…
September 24, 2024 at 07:29 AM GST 2 mins read News Sui Network’s rise in TVL to over $1 billion denotes increasing user trust in its maturing ecosystem. The turnover of AVAX by SUI in TVL images growing contest among DeFi blockchain platforms. Sui Network’s scalability and low transaction costs have contributed to its rapid…
September 23, 2024 at 08:15 AM GST 2 mins read Market News PENDLE saw a rebound in price after a major sell-off, attracting new buyers in the DeFi market. TAO continued its upward momentum this week, becoming one of the top-performing altcoins. SUI has gained attention due to strong DeFi applications, maintaining steady interest despite…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Sui Network, a promising layer-1 blockchain, may soon challenge Solana’s dominance in the alternative blockchain space, according to a recent analysis by K33 Research. In a note published on September 18, K33’s DeFi analyst David Zimmerman highlighted Sui’s potential to become a strong contender among “alt L1s,” especially given…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Sui Network, a prominent layer-1 blockchain, has announced the integration of native USD Coin (USDC) and the Cross-Chain Transfer Protocol (CCTP) to enhance its scalability and interoperability. This development is expected to significantly expand the utility of Sui’s ecosystem, particularly in decentralized finance (DeFi), gaming, decentralized infrastructure, and e-commerce…
Este artículo también está disponible en español. SUI showed a remarkable performance on Friday amid the market retrace. Following Bitcoin’s drop to the $55,000 mark, the cryptocurrency was among the few tokens showing green numbers with an 8% surge. The token’s performance, alongside the network’s developments, has fueled a bullish sentiment among investors. However, some…
Sui Network recorded 2.14 billion transactions in 2024, surpassing major networks like Tron, Polygon, and Ethereum. Sui Network is six times faster than Solana, processing 297,000 transactions per second. Sui Network emerge as a dominant power in the blockchain space by 2024, outpacing other major networks in terms of transaction volume. According to Artemis data,…