SUI (SUI) prices have risen due to business movements related to cryptocurrency adoption, reaching $2.8 per unit after nearly 50% increase last week, when it touched $3.
The following graphics reveal a distinct bullish trend, characterized by an upward yellow line, showing the persistent impulse of cryptocurrency with a market capitalization of $9.8 billion.
Green rectangle It highlights a historic zone of resistance of around $3.5,If SUI is at the level that has previously been faced and the macroeconomic context is preferred, then there is a high probability that it may retest. This level has emerged as an achievable goal.
This price increase comes after the announcement of Lion Group Holding Ltd. A broader cryptocurrency financial strategy worth $600 millionas reported by Cryptootics.
One of the strengths of SUI is its network. This is located in the second layer 1 development community, which achieved the highest growth of last year, with 16.1% behind Solana Red (17.7%).
In order, sui has it The fastest growing layer 1 developer community at 54% in the last two years. , in contrast to a 20% drop in other cryptocurrency developers and a decrease in the main EVM network in Layer 1.
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