The cryptocurrency market is exhibiting active changes as we approach 2025. Specifically, SUI and Chainlink are gaining attention due to their stability and technical structure, while BlockDAG is advancing with a successful presale.
SUI's Rise to $3.93
SUI is trading at $3.93, up 3.6% in the last 24 hours. The increase is supported by strong technical signals. The current RSI is at 57.61, indicating neutral momentum and further growth potential. Immediate support is at $3.27, with a stronger base at $2.29, while resistance is set at $4.44. A confirmed breakout above this level could open a path toward the 52-week high of $5.29. Bollinger Bands analysis shows the price in the upper range without overbought pressure, leaving room for continued advances.
Chainlink's Stability at $21
Chainlink (LINK) is steady at $21.00, up 10.94% following the launch of Chainlink Reserve and notable whale accumulation. In August, large holders added 0.67% of the total supply. The Chainlink Reserve utilizes enterprise revenue to purchase LINK and has already accumulated over $1 million. Adoption is increasing, with Chainlink’s Data Streams now supporting U.S. stock and ETF data for platforms like GMX and Kamino Finance, along with CCIP integration into Brazil’s Drex CBDC pilot. Support rests at $19.00 and $15.43, complementing Chainlink’s strong technical position.
BlockDAG's Challenges and Achievements
BlockDAG's presale has progressed to Batch 29 at $0.0276, aiming for a $0.05 launch price. It has raised $373.93 million and confirmed 20 exchange listings. The hybrid blockchain-DAG structure allows transactions to proceed at speeds between 2,000 and 15,000 TPS and offers low-code smart contract creation. The launch of Dashboard V4 transformed the presale interface into a real-time exchange simulator. July also saw the introduction of the X1 mobile mining app, which has registered 2.5 million users.
The cryptocurrency market is poised for gains and adaptations, with SUI and Chainlink showing promising technical positions, while BlockDAG provides the foundation for a confident launch. All three projects have the potential for successful growth in the coming years.
