SUI token broke key resistance at $1.0983, surging over 34% weekly amid rising staking demand and institutional participation via CME futures. Over 75% of circulating supply is staked, tightening supply and supporting price gains. Increased ecosystem activity, including DeFi TVL and DEX volume growth, underpins the rally. However, rising speculative positioning and profit-taking near $1.42 signal potential short-term volatility despite the strengthening recovery.
Ethereum has strengthened its position as the top staking network with a 12.13% weekly increase in staked market cap, reaching $78.08 billion. This growth highlights a shift of investor interest back to large-cap, liquid networks despite mixed result...
Sui has announced that the Hashi Global testnet will launch soon, featuring native Bitcoin as collateral within its DeFi ecosystem. This development could allow Bitcoin holders to use BTC directly in Sui-based decentralized finance applications witho...
