• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cryptocurrency Market Recovers, SUI Gains Popularity with 9.74% Rise

user avatar

by Giorgi Kostiuk

7 hours ago


The cryptocurrency market demonstrates recovery after a recent decline, evidenced by the rise of various assets, among which SUI stands out.

Overview of the Cryptocurrency Market

The cryptocurrency market is currently showcasing moderate recovery, registering the growth of assets back to previous highs and transitioning into a bullish phase. In this context, Bitcoin, the largest cryptocurrency, is trading at around $111K.

SUI Prices and Trading Volume

The SUI asset has recently exhibited a steady rise of over 9.74% in the last 24 hours, opening the day at around $2.93 and reaching a high of $3.25, thereby breaking resistance levels at $2.98 and $3.22. Currently, SUI trades within the $3.23 range, boasting a market capitalization of $11.12 billion. Its daily trading volume has surged by over 128%, reaching $1.28 billion.

Future Prospects for SUI

The recent price increase of SUI may push the asset towards key resistance at the $3.28 range. If the upward correction continues, SUI might reach above the $3.35 mark. However, if the upward trend weakens, the price might retrace towards the $3.17 level, and should that level fail to hold, SUI could drop to as low as $3.07.

Thus, SUI demonstrates growing investor interest and could continue its upward trends amid the overall recovery of the cryptocurrency market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Volume of Losses from Fraud Schemes in the Crypto Industry Exceeds $2.1 Billion

chest

An analysis of current social engineering threats in the crypto industry leading to losses of $2.1 billion.

user avatarGiorgi Kostiuk

US Stock Market: Analyzing the Opening and Its Impact on Cryptocurrencies

chest

Mixed results in the US stock market opening reflect diverging investor sentiment. We analyze current trends.

user avatarGiorgi Kostiuk

Ethereum Surpasses $2800 Driven by Institutional Interest

chest

Ethereum gained 5.54% in 24 hours, surpassing $2800, indicating growing institutional interest and a bullish market sentiment.

user avatarGiorgi Kostiuk

Traders Open Short Positions on PUMP Totaling $9.2 Million

chest

Four major crypto traders opened $9.2 million in short positions on PUMP following the launch of preliminary trading.

user avatarGiorgi Kostiuk

Tesla Files for Autonomous Ride-Hailing Certification in Arizona

chest

Tesla aims to secure approval for its autonomous ride-hailing service in Arizona by the end of July. Read more about the company’s plans.

user avatarGiorgi Kostiuk

GMX Hack: Losses Total $42 Million, Hacker Exchanges Funds for ETH

chest

Decentralized platform GMX lost $42 million in an attack. The hacker converted most of the stolen funds into 11,700 ETH.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.