Main notes
- Sui reached $ 3.6 for the first time since early February.
- Stablecoins increased 82 % over the past week.
- New ATH merchants expect SUI before another correction.
but
but
$ 3.50
24 hours fluctuation:
2.4 %
The maximum market:
11.39 dollars b
Folder. 24h:
$ 1.60 b
There is a Blockchain layer that uses the implementation of parallel transactions to be largely developed, witnessing increasing interest in traders, investors and decentralized financing users.
Layer-1 has witnessed the increase in the total value that was locked by 38 % during the past week, reaching $ 1.64 billion for the first time since February 2, according to Data from Devilia.
The decentralized stock exchanges on the SUI network increased by 177 %, hovering at 599 million dollars, in the trading volume in the past seven days. This indicates that Defi users may turn to SUI due to the theoretical maximum of 297,000 transactions per second.
Moreover, the Stablecoin market ceiling on SUI has increased from $ 482 million to $ 879 million over the past two months, which represents an increase of 82 %, according to Devilia.
SUI recorded 70 % over the past week and is traded at $ 3.55 at the time of this report. The maximum market is currently $ 11.5 billion with a daily trading volume of $ 3.3 billion.
New ATH speculation costs
Not only Defi who was leading the Sui price to the top. The most important catalyst is the possibility of reducing US tariffs against China. Bringing this strong optimism to financial markets such as stocks and encryption.
The roof of the Crypto global market has started to rise towards the 3 trillion dollar sign again.
Many analysts on the X were hinting at the strong bullish momentum of SUI. Bitcoinsensus shared a chart that shows SUI moving in an ascending wedge style.
$ sui The huge price drop goal
SUI was moving in waves inside this emerging string since June 2023.
We have now obtained a confirmation issued by a heavy timetable with a break from the business management conference per week.
The next target price $ sui on me… pic.twitter.com/t4f5nxu5ry– Bitcoinsensus (Pitcoinsnsus) April 23, 2025
Bitcoinsensus data shows the historic price of SUI from May 2023 and indicates that the original is likely to reach the highest new level ever at $ 11.5 before facing another major correction.
Although technical indicators seem optimistic, it is important to note that many major factors such as total economic conditions, basic signals and total investor morale can turn at any moment under different circumstances.
the next
Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Wahid has analyzed and informed the latest trends in the decentralized ecosystem since 2019. He has more than 4000 articles in his name, and his work has been presented to some leading ports including Yahoo Finance, Investing.com, Cointelgraph and Benzinga. Unlike reporting, Wahid loves to connect points between Defi and Macro in his news message, Monk on the series.
The post SUI Rallied 70% in 7 Days – Can It Reach New All-Time High? first appeared on Investorempires.com.
