The Layer-1 blockchain token SUI has surged over 40% in a week, breaking a long downtrend and prompting veteran trader Peter Brandt to call it a "major bottom." This rally is notable as other major cryptocurrencies remain in consolidation. SUI's price recovery follows a tough period after a major hack and prolonged decline, with recent corporate staking removing a large supply from the market. While still down 75% from its all-time high, the token's recent gains suggest potential for further upward movement if it holds above key levels.
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...
Sui, Aptos, and Hyperliquid are gaining attention as promising altcoins due to their fast transaction speeds, growing developer ecosystems, and increasing user adoption. Sui and Aptos leverage Meta's Move programming language to build high-performanc...
