Sui Reclaims $3 After Week-Long Rally Sparked by Lion Group’s Treasury Plans

Sui Reclaims $3 After Week-Long Rally Sparked by Lion Group’s Treasury Plans

The native token of the Sui network is up 15% over the past 7 days.

SUI Cryptocurrency Eyes Breakout as It Approaches Key Resistance Level

SUI, the native cryptocurrency of the Sui blockchain, is making a notable recovery, attempting to reclaim a crucial resistance level that could trigger a breakout from its bullish formation. This development has sparked optimism among analysts, who believe that the cryptocurrency’s imminent rally could target significantly higher levels. SUI has surged more than 10% from its $2.70 support level… Source

What’s next for SUI after rallying 13% this week to reclaim $3?

The cryptocurrency market has been bullish so far this week, with Bitcoin hitting the $110k level. Ether also rallied above $2,600 while XRP, Solana, and Cardano all recorded gains. However, SUI, the native coin of the Sui network, is the best performer among the top 20 cryptocurrencies by market cap this week. SUI added 13% […]

Sui (SUI) Surges on $600M Treasury Announcement, Eyes Layer-1 Leadership

"Sui (SUI) has experienced a significant surge following the recent announcement of a substantial $600 million addition to its treasury, positioning itself strategically for potential leadership in the competitive landscape of Layer-1 blockchain solutions."

Sui Reclaims $3 After Week-Long Rally Sparked By Lion Group’s Treasury Plans - Data Intelligence

Sui is trading at $3, up about 4% in the past 24 hours, as the token continues to rally following an announcement by Lion Group Holding Ltd. The strategy was announced on June 26, triggering a rally in the price of the token, which is currently up nearly 15% over the past 7 days. SUI experienced a significant bullish breakout over the past 24 hour period, according to CoinDesk Research’s technical analysis model. The token established a strong s…