Top 10 Chains by Daily Active Addresses in 2024

#nearprotocol - 2.7M
#solana - 2.6M
@TRON DAO - 1.9M
#BNBCHAIN - 1.0M
@Polygon - 855K
#base - 655K
#SuiNetwork - 519K
@Bitcoin - 496K
@Ton Network - 414K
@Arbitrum Foundation $ARB - 413K

Grayscale Sui Trust is looking to unlock the potential of SUI Crypto by focusing on blockchain scalability and efficiency. 🚀💡 They offer exclusive investment opportunities for accredited investors to address transaction cost challenges and expand $SUI’s role in digital asset investing. 💰

Christian Thompson has just been appointed as the managing director of the Sui Foundation, replacing Greg Siourounis. 👔 Thompson comes from Mysten Labs and has a vision to bring decentralized technology to more people. 🌍

SUI Crypto also just hit a major milestone with DEX trading volume surpassing $40 billion! 📈🎉 This shows the growing demand for $SUI and its competitive position in the DeFi space. 🔥

Currently, the price of SUI is approaching a key support zone at $3.0133, and there is a potential upside of up to 115% if the price reverses upwards. 📊💸 So, many believe that now is the right time to pay attention to SUI and the opportunities it offers! 🤩

#SUI #suinetwork #SUIFOUNDATION

📊 $SUI Price Defies Market Correction with TVL Surge; Is $5 Close?

During Friday’s U.S. market session, the crypto market experienced a slight relief rally from the prevailing correction trend as Bitcoin projected demand pressure at $90k. The renewed momentum bolsters several major altcoins, including SUI price, to hold key support levels. With the steady surge in SUI total volume locked (TVL), the asset shows the potential for the next breakout.

🔸 #SUI TVL Poised to Cross $2 Billion as DeFi Activity Intensifies

According to DeFiLlama, the SUI TVL has recorded a sustained surge from $1.43 to $1.73 Billion— a 21 % increase — in December. This sustained growth indicates strengthening interest in the SUI ecosystem, highlighting increased user activity and confidence in its DeFi applications.

With the TVL poised to surpass the $2 billion mark, it could further solidify SUI’s position as a major player in the DeFi space, attracting more liquidity, boosting investor confidence, and potentially driving up the value of associated assets in the ecosystem.

🔸 SUI Price Shows Recovery Above Key Fibonacci Levels Sparks Optimism

This week, the crypto market witnessed a notable correction following Powell’s hawkish speech. While major altcoins experienced a surge in selling pressure following Bitcoin’s $100k, the SUI price displayed resilience.

By the press time, the SUI price trades at $4.58 with an intraday gain of 12.5%. This sharp jump bounced from the $3.5 level and above 23.6% FIB. Theoretically, a recovery from key Fibonacci retracement levels such as 23.6%, 38.2,% and 50% is considered healthy for buyers to regain bullish momentum.

In addition, the altcoin shows sustainability above the 50-day EMA slope, indicating the broader market trend is bullish. With sustained buying, the SUI price could deliver a bullish breakout from swing resistance of $5.

According to the Fibonacci pivot level, the current recourse could witness overhead supply at $6.5 and $7.8.

#Suinetwork

📊 $SUI Struggles At $5: Can New Tech And Promising Opportunities Push It To $7.73?

The SUI crypto has caught attention with its recent surge to a new all-time high of $4.85. This marks a 21.8% leap over the last seven days. SUI’s performance has been stronger than other top cryptocurrencies. With the SUI price now at $4.52, there are important developments to consider. These include new cross-chain integrations that can improve its ecosystem. Holders are now focused on whether these changes can help SUI push toward $7.73.

🔸 SUI Outperforms main competitors

The performance of SUI crypto this year has been remarkable. SUI surged over 813% in 2024, making it one of the strongest tokens of the year. SUI’s growth shows its ability to attract more holders and users, even in a competitive market.

This kind of growth has helped SUI token stand out. Its recent price moves reflect strong trust and rising activity in the SUI network. Heading into 2025, SUI’s performance continues to show potential for further price increases.

🔸 New Technology Helps SUI Expand

The recent launch of cross-chain USDC transfer protocols is a key development for the Sui network. This new feature allows smooth USDC transfers across different blockchains. It improves liquidity, making USDC easier to use on the Sui network. As a result, the SUI token now supports faster and more efficient transactions.

These updates make SUI crypto more useful for both developers and users. With better technology, SUI is well-placed to grow its user base. If transaction activity keeps increasing, it could support the SUI price in moving higher. This new technology also strengthens SUI’s position as an important blockchain project.

🔸 Technical Analysis: Can SUI Price Reach $7.73?

The SUI price shows clear signs of upward momentum. Right now, SUI is holding steady above its key support level at $4.35. However, it faces resistance at $5.23, which is a critical point to watch. Breaking this resistance could unlock more price growth.

#SUI #SuiNetwork

💧 Sui Network Integrates Cross-Chain Transfer Protocol for USDC

Sui Network successfully integrated Circle's CCTP, allowing users to securely move their USDC across Sui and nine other blockchain networks.

Sui Network, aka Sui Bridge has succeeded in integrating Circle’s Cross-Chain Transfer Protocol (CCTP), allowing users to securely move their USDC stablecoin across Sui and nine other blockchain networks.

This will significantly improve the interoperability and usability of USDC across multiple platforms.

Sui Network’s USDC Upgrade: Frictionless Transfers, Endless Possibilities

Sui Network has integrated Circle’s Cross-Chain Transfer Protocol, which allows users to safely transfer the USDC stablecoin between Sui and eight other blockchain networks.

With the integration, USDC further improves its interoperability to become freely transferable across several blockchain platforms.

The CCTP currently supports secure, one-to-one USDC transfers on Sui, along with Arbitrum, Avalanche, Base, Ethereum, Noble, OP Mainnet, Polygon PoS, and Solana. This feature easily enables users to move USDC between different blockchain ecosystems without the stress of currency conversion. As it goes on cross-chain transfers, transaction fees for sending and receiving chains generate an effective transfer. Sui has been one of the biggest gainers in the last week, gaining over 30% in only one day.

The protocol works by using the native burn-and-mint mechanism: the original USDC gets burned on the source chain, while new native USDC is minted on the destination chain. This way, the value of the USDC will always stay pegged to the US dollar. This integration requires no third-party liquidity or fillers, thus guaranteeing high capital efficiency and minimizing trust assumptions.

CCTP’s integration into Sui Bridge increases the utility of USDC, supporting a wide range of use cases across blockchain networks. For instance, developers can enable cross-chain onboarding for apps, users can withdraw $USDC on exchanges.

#SUI #SuiNetwork

Someone asked me on telegram.

"Can the balance or assets that were drained in the Sui Quest 3 event be returned or refunded by Sui?"

The answer: I don't know exactly because #SUIFOUNDATION or #suinetwork did not provide an explanation of what happened at the event and the ecosystem.

If you are asked to hope and desire, then Sui will provide an explanation and policy for all the things that happen because it doesn't just happen to one or two people.

Will it be like Galxe $GAL when the wallet is drained due to involvement or interaction on the website and ultimately the funds or assets are lost in Refund?

The answer: It probably won't come back. Unless they (the Sui Party) care about and feel responsible for their community, it seems like Galxe will investigate and return the lost assets.

What will Sui $SUI do in the future? We'll see if this will be a momentum to lose the community again due to the loss of a sense of security. or it will be the opposite.

Maybe now we can only pray and hope that there will be good policies. So that everything doesn't happen again.

Event Quest 3 from #SUI $SUI will end in one hour.

and #suinetwork is trying to clean up players who cheat 👀

Don't forget to claim later 👀

Today might be the most "CRAZY" day for one of the coins or memes on $SUI , why not? Yes, the coin's price at the beginning was only xxxxxxx20 and now it's xxxxxxx150 at the time this post was made.

Why do they believe in this Micin Sui token? Yes, one of the largest holders is the co-founder of Sui, namely adeniyi.sui, who was asked by the community itself to hold some of the Micin tokens.

if there is a bonk in $SOL , maybe in sui they will create SCB which will become a Pioneer as a small coin in the sui network. BUT DYOR!!

#SUI #suinetwork #SUIFOUNDATION

Phantom Crypto Wallet Announces Sui Support

The developers of the popular Phantom wallet have announced the integration of Sui in addition to the already supported Solana, Ethereum, Base, Polygon, and Bitcoin.

The integration of the high-performance L1 blockchain from Mysten Labs will open up the possibility of staking, seamless exchange of crypto assets, and NFT transactions for users. Integration with the Ledger hardware wallet and multi-chain support are also provided.

Sui has been showing impressive growth recently — in seven days, the crypto asset has grown by 24%; in 30 days — by 113%, once again updating the historical price maximum. The asset occupies the 20th place in the CoinGecko rating with a capitalization of $12.2 billion.
#SUI #SUINetwork #cryptonews

$SUI

$SUI

We will ride together $SUI 😎🚀🚀. Only people who believe will buy this token. This token will be bullish because this token has reached its support point and cannot maintain the price in the support area. This will affect the price increase to $SUI 😉.

#SUIUSDT #suinetwork #SUIFOUNDATION #SUI #Binance

$SUI

Tetap mengamati & tunggu waktu yang tepat untuk membeli

#marketdownturn
#BecomeCreator
#suinetwork
#TipsTradingFutures

$SUI
It appears to be retesting the breakdown level. There’s a pinbar candle there, along with a bearish continuation.

Short at #SUI
SL $2.02

#SUI🔥🔥🔥🔥 #suinetwork #SUIFOUNDATION #SHORT

Apakah SUI network menembus $3 untuk 24jam kedepan.. ??

#suinetwork #SUIFOUNDATION #SUI

$SUI

#DeSci is coming to #SuiNetwork in the form of $DESCI 🤩🤩

@DeSci_Agents is the first DeSci project on $SUI which is primed for its use cases due to its high transaction speeds and low costs.

Launchpads:

◾ Ape Terminal
◾ Polkastarter
◾ Fjord
◾ SUI Pad (SUI’s native Launchpad)
◾ Turbos (Flagship Dex on #SUI )

🗓️Listing: 17.12.24 on #Gateio & #mexc

New Airdrops : Think sui
🏷 Reward : $720,000 worth of SUI For ALL (?)
🪂 Register : https://thinksui.com/
➖ Connect sui wallet (new wallet/testnet wallet)
➖ Connect discord
➖ Connect twitter
➖ Complete tasks
➖ Done

🍥Think Sui rewards builders, content creators, and community members for contributing to Sui
🕳Think sui twitter followed by official sui.

Check my profil to other airdrop
#SUI #suinetwork #Suiwallet

If you look at #suinetwork $SUI on the daily TF it looks like Sui is heading to prices 1.2 and 1.3 if 1.1 passes? will it continue to rise? maybe yes if #bitcoin $BTC experiences an increase. Let's see? 🫣

#FutureTrading

🔥 $SUI unlocked nearly 1 billion #coin but Cap almost did not increase 🤷‍♂️ It's amazing.

👉 The picture below before #unlock circulated supply of $SUI was about 1.3 billion with the price at that time around 2.1$ and the CAP level was 2.56 billion.
✍️ Then the price dropped to $1.19 on April 30, now the Cap is about more than 1.5 billion. On May 1, it will be unlocked for nearly 1 billion $SUI , the price is now 1.14$ with the circulating supply having increased to 2.3 billion. Cap has now increased to 2.6 billion, slightly higher than before unlocked. And the current price of SUI has decreased to a little more than $1. Cap has now dropped to 2.5 billion.

📌 #suinetwork is unlocked at the right time, isn't it guys?

$SUI is ready for a bull run, I believe we are facing a new $SOL #SuiNetwork

Sui Crypto: Network Announces Support For Phantom Wallet, Price Soars

The Sui crypto network has arguably been one of the fastest-growing blockchains in 2024. Its latest announcement reveals a plan to maintain that status by expanding its reach.

Sui recently announced that it will add support for the Phantom wallet. The latter is one of the most popular wallets aimed at providing efficient and user-friendly access to DeFi.

The announcement therefore highlights Sui’s plans to expand in the DeFi segment.

But what does this really mean for the Sui blockchain? Among the biggest benefits include access to more liquidity, and access to more users.

This could lead to more transaction activity, and overall more value flowing into the network.

SUI Crypto Extends Bullish Run into New Highs

The Sui blockchain’s pursuit of aggressive growth has already yielded heavily in favor of its native cryptocurrency. SUI crypto has been heavily bullish in the second half of 2024.

The cryptocurrency just soared to a new ATH after rallying as high as $4.44 on Thursday.

Sui’s new ATH built on the bullish momentum that the cryptocurrency achieved in November. This performance meant that the cryptocurrency was up by 839% from its lowest point in August (H2 low) to the recent high.

The new ATH was aided by $50.75 million worth of net inflows in the last 24 hours in the spot market. It was also backed by roughly $816 million worth of demand in the derivatives segment.

Although SUI crypto bulls have been dominant with the recent push, it may also be due for a sizable retracement.

This is because the price recently formed a bearish divergence with its RSI.
The observation may encourage some profit-taking from the cohort of traders that purchased it near 2024 lows.

A Recap of SUI On-Chain Stats

The latest SUI peak was not the only ATH that it achieved this week. The Sui network’s TVL soared as high as $1.79 billion on Thursday.

#SuiNetwork #SUI #PhantomWallet #CryptoCommunity #CryptoNews