The cryptocurrency market continues to show activity, with some projects drawing particular attention. Let's examine the strengthening positions of SUI and ALGO, as well as the prospects of the new project Unstaked.
SUI Price Forecast: Rally to $11.5
SUI has shown significant growth in recent weeks, increasing by 70% over the past week to $3.6. Increases in network participation and total value locked have contributed to this surge; according to DeFiLlama data, the total value has grown by 38% to $1.64 billion. Additionally, decentralized exchange volumes surged by 177%, and the stablecoin supply rose by 82% over two months to $879 million.
ALGO Rebounds: Targeting $0.42
Algorand has started to recover after a prolonged decline, reaching $0.23, its highest level in five months. The breakout from a long-standing descending channel has drawn interest, and if the trend continues, $0.42 could become a realistic target in the short term. However, monitoring the $0.30 mark is crucial, as it aligns with the 0.618 Fibonacci level. Analysts are optimistic but caution about the potential for pullbacks.
Unstaked Stands Out Among Competitors
Unstaked is gaining attention for its unique model and upcoming updates. Its presale is taking place at $0.006695, with prospects for growth to $0.1819. Although the project has not yet launched its AI agents, their rollout is expected to occur in 2025, which could boost future interest.
SUI and ALGO are showing signs of recovery and growth, which may strengthen their market positions. Meanwhile, Unstaked presents a new interesting project with a unique strategy and growth potential. Investors can expect further developments in these cryptocurrencies.
