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Web 3 Journalist
Tim Hakki
Web 3 Journalist
Tim Hakki
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The $SUI token underpinning the Layer 1 “Ethereum-killer” Sui Network surged 26% over the last seven days 20% to trade at $5.20 as of Monday.
This makes it easily one of the best cryptocurrencies to buy in 2025 so far.
This means not only has $SUI beaten Bitcoin this week, but it’s also a top-performing cryptocurrency, climbing over 1,325% from its 2023 low of $0.3648.
This remarkable growth has driven Sui’s market capitalization beyond $15.6 billion, making it the 13th largest cryptocurrency.
By contrast, market leader Bitcoin ($BTC) only rose 6% over the last seven days and currently changes hands at $101,233.
Sui Price Analysis – Where is SUI Heading Next?
The surge in $SUI’s price coincides with the network’s robust ecosystem expansion as its Decentralized Finance (DeFi) sector hit a total value locked (TVL) of $2 billion.
Major recent partnerships with VanEck, Grayscale, and Franklin Templeton have further bolstered Sui’s momentum.
If Trump’s nominee, Paul Atkins, leads an SEC that softens on crypto, Grayscale may apply to convert its Trust into a spot Sui ETF in 2025, potentially driving further adoption.
Sui’s ecosystem has also expanded through a growing roster of native stablecoins, which indicates commercial activity on the chain us heating up.
According to Sui Network’s chart over the last three months, both support and resistance for the blockchain token have been rising in unison, as indicated by the respective green and red lines.
Sui had a breakout on Sunday, rising to an all-time high (ATH) price of $5.35.
The buying fever may not be over, either. Sui Network’s relative strength index (RSI) is 49 and rising, indicating the potential for a new ATH overnight.
As Sui Network Breakout Looms, Savvy Traders Enter Solana’s New Solaxy
The presale for Solana’s first meme coin-focused Layer 2 solution, Solaxy ($SOLX), has raised over $8.7 million in around three weeks, boosted by a $158k whale investment on New Year’s Eve.
Solaxy addresses Solana’s congestion challenges by bundling transactions on a second layer before settlement on Layer 1, enhancing scalability without compromising performance.
It also bridges Solana with Ethereum, combining Ethereum’s liquidity with Solana’s speed and cost-efficiency for seamless DeFi and meme coin trading.
The protocol has attracted significant attention, with influencers like StockInvestor and ClayBro highlighting its potential. Solaxy has gained over 54,000 social media followers as excitement builds for its role in Solana’s meme coin and DeFi expansion.
Investors can purchase $SOLX at $0.001592 per token, though this price will incrementally rise to $0.001594 within a day.
Early investors benefit from high staking yields, currently offering up to 399% APY, though this rate decreases as more tokens are staked. Over 2.8 billion $SOLX tokens have already been staked.
Purchase $SOLX at Solaxy.io or via Best Wallet’s ‘Upcoming Tokens’ feature. Funds from the presale will support product development and marketing, positioning Solaxy for long-term growth.
Stay updated on X and Telegram.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
