The cryptocurrency market continues to witness price fluctuations and active partnerships. Here we detail the situation with Hyperliquid, SUI, and BlockDAG.
Partnership Between BlockDAG and Seattle Seawolves
The Seattle Seawolves have announced a partnership with BlockDAG.Network to implement blockchain features for their fans. This collaboration introduces new digital opportunities for fans, including NFTs and valuable digital items. BlockDAG will also serve as the official blockchain partner of the Seattle Seawolves for the 2025 season, launching a series of joint social media posts to engage fans more deeply with players.
Price Forecast for Hyperliquid
The price forecast for Hyperliquid's token, known as HYPE, is gaining attention due to its price increasing over 1,000% in the past year. This growth is supported by active platform users, composing around 70% of on-chain perpetual volumes, with daily trading volumes around $420 million. A key reason for this rise is the buy-back policy reducing supply of tokens.
SUI Price and Its Forecast
The price forecast for SUI has provoked debate after Raoul Pal set an ambitious target of $22. However, current trends indicate a slowing path, despite some recent short rallies, including a 40% jump. Trading volumes on decentralized exchanges are declining, hinting at profit-taking and weak momentum which may hinder growth.
Short-term surges may attract attention, but the strong long-term value comes from consistent results and user experience. While Hyperliquid shows impressive growth, steady trading volumes are essential for its continued rise. BlockDAG progresses positively with partnerships, while SUI faces challenges concerning user activity.
