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.
CME Group has introduced new futures contracts for Avalanche (AVAX) and Sui (SUI) cryptocurrencies, expanding its regulated crypto offerings. These contracts, available in both micro and standard sizes, provide traders with flexible tools for hedging...
Dogecoin is currently trading around $0.195, about 70% below its 2025 peak of $0.65, reflecting a steep drawdown typical of its historical pattern. Recent altseason momentum, highlighted by SUI's 31% surge and Ethereum's potential breakout, suggests ...
The CoinDesk 20 index dropped 1.6% to 2196.49, with only three of the 20 assets trading higher. Notably, SUI fell 4.9% and TAO declined 4.4%, marking them as the biggest underperformers. Meanwhile, CRO and BNB saw modest gains of 1.9% and 0.2%, respe...
SUI cryptocurrency fell nearly 10% after a strong weekly rally that saw it gain almost 40%. The price peaked at $1.42 before sellers took profits, influenced by SUI Group Holdings expanding its treasury and staking most tokens, plus CME Group announc...
Over the weekend, the cryptocurrency SUI surged 25%, making it the top performer in the CoinDesk 20 index update. Cronos (CRO) also saw a significant gain of 9.7%, contributing to the overall index rise of 1.8% since Friday. Seventeen out of twenty a...
