The post SUI Advances Despite Decline in Online Discussion appeared on BitcoinEthereumNews.com. SUI rebounded 30% in a week, reclaiming $2.00 for the first timeThe post SUI Advances Despite Decline in Online Discussion appeared on BitcoinEthereumNews.com. SUI rebounded 30% in a week, reclaiming $2.00 for the first time

SUI Advances Despite Decline in Online Discussion

  • SUI rebounded 30% in a week, reclaiming $2.00 for the first time since mid-November.
  • Price recovery occurred alongside a ~95% drop in social dominance and muted retail activity.
  • Volume jumped over 70% as SUI pulled back to $1.92 after breaking a descending trendline.

Sui (SUI) recorded a weekly advance at the start of 2026, climbing 30% over seven days as the token briefly jumped above the $2.00 level for the first time since mid-November. The move capped a recovery phase following a prolonged decline through much of late 2025, according to market and social data tracked during the period.

Data shared by blockchain analytics firm Santiment shows that SUI’s price increase surged despite a continued decline in sentiment and social dominance. The token registered a cumulative gain of about 43% from Dec. 1, when it was trading near $1.31, to its recent move above $2.00. The december price level represented an approximate 69% drawdown from SUI’s July 27 peak near $4.43.

Santiment’s charted data indicates that the July high coincided with high social dominance and widespread online discussion. As prices fell through the second half of 2025, those social metrics declined. By early December, social dominance had declined by roughly 95%, pointing to a large reduction in speculative participation as prices moved lower.

Recovery Emerges During Low Participation Phase

The recent rebound occurred while discussion volumes across social platforms remained subdued. Santiment noted that SUI’s current discussion rate remains extremely low compared to earlier peaks, even as the price has reclaimed levels not seen in several months. This divergence between price action and attention coincided with broad gains across other altcoins, particularly meme tokens.

At the time of the rebound, SUI’s market capitalization stood near $7.31 billion. Circulating supply was reported at approximately 3.79 billion tokens, out of a total and maximum supply of 10 billion.

SUI Technical Levels and Current Market Activity

Chart observations shared by analyst Lucky showed SUI breaking above a long-term descending trendline that had defined the late 2025 period. The breakout occurred after price stabilization within a demand zone between roughly $1.00 and $1.20, following multiple failed rallies earlier in the year.

Source: X

As of press time, SUI was trading at $1.92, down about 1.1% over the past 24 hours. The trading volume rose, increasing by more than 70% to approximately $1.68 billion.

Related:SUI Price Surges 12% in a Week as Analysts Predict Breakout Toward $5 Range

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/sui-price-jumps-30-in-a-week-as-sui-reclaims-2-level/

Market Opportunity
SUI Logo
SUI Price(SUI)
$1.815
$1.815$1.815
-0.06%
USD
SUI (SUI) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
First Market-Neutral, Yield-Paying XRP Solution Sponsored by Axelar & Hyperithm

First Market-Neutral, Yield-Paying XRP Solution Sponsored by Axelar & Hyperithm

The post First Market-Neutral, Yield-Paying XRP Solution Sponsored by Axelar & Hyperithm appeared on BitcoinEthereumNews.com. Key Takeaways: mXRP is the first certificate to offer exposure to market-neutral, yield-paying XRP strategies. It was developed in partnership with Axelar and Hyperithm and leverages on-chain and cross-chain infrastructure. The product can potentially unlock new utility for hibernating XRP holdings by converting them into yield-paying assets. A new benchmark is achieved for XRP holders. mXRP, a structured certificate issued by Midas in collaboration with Axelar and Hyperithm, is a platform for yield generation on XRP independent of price increase. For one of the world’s most traded cryptocurrencies, this is a milestone towards further connection with decentralized finance (DeFi). Read More: XRP Price Prediction – Will It Hit $100 by 2026 and $500 by 2030? What Exactly Is mXRP? mXRP is not a basic wrapped token or derivative. It is a certificate product with the purpose of giving investors exposure to XRP through market-neutral strategies. Market-neutral implies strategies are being built to offset exposure to directional price movements and produce stable yield irrespective of whether XRP increases or decreases. No longer idle in a wallet, XRP can now be tokenized as mXRP and leveraged. Through the certificate, owners are indirectly exposed to activities like liquidity provision, market-making automation, and arbitrage between on-chain markets. The ultimate goal is to establish stable returns independent of market volatility, something never before available to traditional XRP holders. How the Strategies Generate Yield Liquidity and On-Chain Deployment The mXRP certificate takes advantage of DeFi potential within the XRPL EVM universe and beyond. With cross-chain connectivity provided by Axelar, XRP is able to flow into various blockchains and protocols. There, yield is generated through: Liquidity provisioning on decentralized exchanges. Market-neutral arbitrage, hedging price differences between trading pairs. Collateralized strategies, such as lending against stable assets and hedging exposure. All these approaches aim for risk-free returns and…
Share
BitcoinEthereumNews2025/09/23 02:49
Hal Finney, Bitcoin Pioneer, Honored 17 Years After Tweet

Hal Finney, Bitcoin Pioneer, Honored 17 Years After Tweet

On January 10, 2009, Hal Finney wrote "Running Bitcoin" on Twitter. Unknown to him, he had just engraved the public launch of the first decentralized digital currency
Share
Coinstats2026/01/11 14:05