The cryptocurrency market is experiencing sharp changes where SUI and Ethereum face challenges while BlockDAG shows resilient growth through new initiatives.
SUI's Market Challenges
The price of SUI has dropped to $2.35 following an 8.99% decrease in the last 24 hours and over 20% for the week. Trading volume, however, increased by 129%, reaching $1.42 billion, indicating ongoing buyer interest. Traders noted accumulation between $2.50 and $2.70, though forecasts vary from $1.92 to $5.35 for 2025.
Ethereum Continues to Slide
Ethereum has become further vulnerable, dropping an additional 2% in the last 24 hours, raising doubts about its ability to regain momentum in the market. Despite interest from major investors accumulating over $274 million in ETH, the asset requires more than whale support; it needs renewed visibility and utility in the marketplace.
BlockDAG's Success and Growth
With the launch of 100 million tokens in airdrop and increasing interest in the X1 app, BlockDAG is expanding its market position. In the last 12 hours, the BDAG token price will increase from $0.0030 to $0.0080, attracting user interest. The X1 app simplifies mining access for over 2 million users and presents unique engagement opportunities.
While SUI and Ethereum face uncertainties, BlockDAG is establishing itself as a promising market player with active initiatives and significant community support.