In the current volatility of cryptocurrency markets, the prices of SUI and Pi Network show uncertainty, while the BlockDAG project is attracting significant attention from the developer community.
SUI's Prospects Amid Volatility
The current price forecast for SUI points to a potential high of $6.77 by the end of 2025, although short-term indicators suggest instability. SUI has dropped 7.39% in the last 24 hours and is trading below both the 50-day and 200-day moving averages. Technical indicators such as RSI at 38.19 and negative MACD histograms reflect a neutral to bearish setup.
Pressure on Pi Network Price Ahead of Token Unlock
The Pi Network price may face additional volatility in August, with 156 million tokens set to enter circulation. This incoming supply could challenge existing demand and put downward pressure on the price. The RSI has dropped to 38.92, pointing to building bearish sentiment as selling volume increases.
Interest in BlockDAG Growing Among Developers
BlockDAG is attracting attention as over 4,500 builders are already working on 300 real-world projects even before the mainnet launch. This level of developer commitment is a strong signal of meaningful progress. Evidence indicates that over 24.5 billion coins have been sold and $358 million raised, illustrating market saturation and growing interest in the project.
While SUI is dealing with near-term volatility, its long-term price forecast remains promising. Pi Network is under pressure with a major token unlock, while interest in BlockDAG continues to grow among developers, suggesting its potential success in the future.