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Crypto Market Update: SUI, LINK, and BlockDAG in the Spotlight

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by Giorgi Kostiuk

6 hours ago


The crypto space is witnessing strong activity with the rise in trading volumes of various projects.

SUI Trading Volume Report

SUI's trading volume has doubled, reaching $1.48 billion within just 24 hours. This significant price increase helped the coin rise above $3 with a 4% gain, pulling more attention than Solana during this period.

SUI's price had remained between $2.00 and $2.40, which now appears to be a strong base for the current breakout. Developers continue to support the network, and its market cap is closing in on Solana’s. These trends suggest SUI might be ready for further advancement as interest builds.

Chainlink (LINK) Prospects

Chainlink (LINK) price chart is attracting attention again. Trading near $13.20, LINK has shown a broad pattern between $5 and $35 for some time. The upper range at $35 is seen as an important breakout level that could lead to bigger moves.

If LINK manages to move past $35, some are watching for the $80 mark, supported by Fibonacci analysis. LINK’s wide trading history and solid support base near $5 provide room for growth if momentum picks up.

BlockDAG and Its New Partnerships

BlockDAG is gaining attention as discussions grow around a potential major U.S. sponsorship that could help bring crypto closer to everyday life. While many digital platforms remain online, BlockDAG may take a new step, aiming to appear in public spaces like sports and media. These partnerships with teams such as the Seattle Orcas and Seattle Seawolves demonstrate the project's desire to reach audiences through trusted channels.

With the BlockDAG global launch scheduled for August 11, it is currently offering an early price of $0.0016. Its presale has already surpassed $335 million, with over 23.7 billion coins sold.

Each project is making progress in its respective area. SUI's trading volume indicates increased activity, while LINK needs to break key price levels for further growth. BlockDAG stands out as sponsorship discussions add to its appeal.

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