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 SUI hovers near its current highs, market…
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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 lookout. Meme Coin Trader Misses A $25…
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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. From ‘SUIptember’ To ‘Uptober’ In the past three months, SUI’s price…
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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. Traders and investors are showing increased interest in SUI, with many…
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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 analysts remain cautious of the cryptocurrency, warning…
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The Athens Stock Exchange (ATHEX) plans to deploy a new tool, the Electronic Book Building (EBB), on the Sui blockchain. ATHEX Plans To Release EBB On Sui In a blog post on March 6, Sui said the partnership marks the first time a stock exchange is developing such a solution on a public blockchain. The EBB will…
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[toc] What Is SUI? Sui (pronounced “Swee”) is a decentralized Layer 1 proof of stake blockchain, meaning it serves as the foundational infrastructure for verifying and processing transactions, similar to Bitcoin and Ethereum. Layer 1 blockchains are the backbone that supports a specific token or a network of different tokens. Sui was developed by Mysten…
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Sui (SUI), a newcomer in the crypto sphere, is making waves as it tallied an impressive 87% rally in the last seven days, pushing its price to reach $1.43 at the time of writing for a new record high. Its native token has outperformed Bitcoin, sparking renewed interest in the dormant DeFi scene. Sui’s remarkable…
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Launched in October, Sui 8192 is a fully-on-chain tile-sliding puzzle game that records each move as a transaction on the Sui Network. A simple blockchain game has been behind a massive spike in daily transactions on the Sui Network, with one data platform even suggesting it has surpassed Solana in network activity. Similar to the…
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A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network launched, SUI peaked at $2.16 per unit, but…
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