**Crypto Market Update: Altcoins Outshine Bitcoin**
Bitcoin (BTC) has seen a modest 6% increase over the past week, lagging behind the broader crypto market, which surged nearly 10%. While BTC's performance is noteworthy, several altcoins have outpaced it with impressive gains.
**SUI Soars Over 100%**
- SUI, the thirtieth-largest crypto by market cap, skyrocketed 109% from $0.5349 to $1.118.
- The rally followed Grayscale Investments' launch of the Grayscale Sui Trust on Aug. 7.
- Strong technical support and a positive RSI suggest further upside potential.
**Helium (HNT) Up 51%**
- HNT surged 50.98%, reaching an intraday high of $7.11.
- The boost came from trials by two US carriers to offload mobile traffic to the Helium Network.
- Increased trading volume and a golden cross on the daily chart indicate continued bullish momentum.
**Zcash (ZEC) Jumps 51%**
- ZEC climbed 51.15%, hitting an intraday high of $44.
- The rally was driven by founder Zooko Wilcox's push for a hybrid proof-of-stake upgrade.
- Despite the gains, ZEC risks a correction due to its overbought status and resistance at $44.
**Conclusion**
While Bitcoin's growth is steady, altcoins like SUI, HNT, and ZEC are capturing the spotlight with significant gains. Investors should remain cautious and conduct their own research before making any trading decisions.