The cryptocurrency market is experiencing significant changes. SUI's trading volume has surged, while analysts are cautiously predicting Chainlink's potential growth and discussing BlockDAG's successful moves.
SUI Trading Volume Surge
SUI's trading volume has increased by over 101%, reaching $1.48 billion in just one day. This sharp rise in activity has helped push the price of SUI above the $3 mark, reflecting a 4% gain in the last 24 hours. Compared to Solana's less noticeable price movements, SUI is certainly drawing more attention. A stable range between $2.00 and $2.40 likely set the stage for this next push.
Chainlink Predictions: Potential Growth to $80
The price of Chainlink (LINK) is currently around $13.20, and traders are taking a closer look at long-term setups. LINK has remained within a wide range from $5 to $35 over recent years. The $35 mark stands out as a crucial point, and if LINK can surpass it, some experts believe a price of $80 could be possible based on chart signals like Fibonacci levels.
BlockDAG Gains Market Attention
The BlockDAG project is gaining notice as rumors grow about a potential significant sponsorship in the U.S. that could alter perceptions of cryptocurrency outside traditional circles. Ahead of the GLOBAL LAUNCH set for August 11, BlockDAG has struck deals with names like Seattle Orcas, Seattle Seawolves, and Inter Milan. This activity precedes the coin's market entry and highlights BlockDAG's intention to connect with everyday people and help them understand cryptocurrency better.
The cryptocurrency market continues to evolve, with SUI's notable asset growth attracting attention alongside predictions for Chainlink and expected moves from BlockDAG. These shifts underscore the market's dynamism and investor interest in new opportunities.
