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Market Dynamics: SUI and ETH, BlockDAG in Action

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by Giorgi Kostiuk

4 hours ago


The state of cryptocurrency assets continues to attract traders' and analysts' attention as SUI and Ethereum show varying results. Meanwhile, BlockDAG is ramping up its development efforts.

SUI Ecosystem Growth

SUI's price fluctuates around $2.95 with trading volume nearing $984 million. Open accounts exceed 155 million, while tokens like Cetus, DeepBook, and Walrus strengthen their positions in DEX rankings. Recent partnerships have boosted SUI's visibility, now achieving a market cap of $10 billion.

Pressure on Ethereum

Ethereum dropped to $2,520, remaining below the critical $2,800 resistance due to heightened geopolitical tension. Analysts are closely watching the $2,500 mark, which could serve as a pivot for either a rebound or a deeper decline toward $2,260.

BlockDAG in Action

BlockDAG is continuing to build its infrastructure, having raised over $313.5 million in its presale, and is preparing to ship mining rigs. The presale has accounted for 22.9 billion tokens, and projects are actively integrating into DeFi, affirming the real usage of the network.

SUI shows growth with increased DEX activity, while Ethereum is at a critical support level. Conversely, BlockDAG is actively developing its plans, which may significantly influence market dynamics.

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