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Cryptorank

SUI’s May 1st Unlock Brings Risk and Reward as TVL Surges Past $1 Billion


by Anisha Pandey
for CoinEdition
SUI Price Prediction After $267M Token Unlock Event
  • SUI faces $267M token unlock as bulls aim to defend $3.14 level ahead of May 1 volatility.
  • TVL surges past $1B as Sui Network fundamentals show strength before upcoming token unlock.
  • MACD remains bullish while RSI warns of cooling, setting up key price prediction zones.

Sui Network (SUI) is once again on the radar of crypto investors, with a massive unlock of 74 million SUI tokens ($267.88 million) scheduled for May 1, 2025. Historically, such unlocks have stirred significant volatility in the token’s price, but past data suggests the aftermath could offer strategic opportunities for both bulls and bears.

In October 2024, an unlock of 64 million SUI tokens caused short-term volatility before bullish momentum returned. Catalysts like the launch of the Grayscale SUI Trust and a sharp rise in Total Value Locked (TVL) helped drive a strong rally.

The post SUI’s May 1st Unlock Brings Risk and Reward as TVL Surges Past $1 Billion appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Arbitrum’s Breakout Failed, but a Key Indicator Says the Rally Isn’t Dead

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Arbitrum (ARB) attempted a major breakout on Friday but was sharply rejected at a key...
Top Reasons Why Ethereum Classic (ETC) Price is Surging Today?

Top Reasons Why Ethereum Classic (ETC) Price is Surging Today?

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SUI’s May 1st Unlock Brings Risk and Reward as TVL Surges Past $1 Billion


by Anisha Pandey
for CoinEdition
SUI Price Prediction After $267M Token Unlock Event
  • SUI faces $267M token unlock as bulls aim to defend $3.14 level ahead of May 1 volatility.
  • TVL surges past $1B as Sui Network fundamentals show strength before upcoming token unlock.
  • MACD remains bullish while RSI warns of cooling, setting up key price prediction zones.

Sui Network (SUI) is once again on the radar of crypto investors, with a massive unlock of 74 million SUI tokens ($267.88 million) scheduled for May 1, 2025. Historically, such unlocks have stirred significant volatility in the token’s price, but past data suggests the aftermath could offer strategic opportunities for both bulls and bears.

In October 2024, an unlock of 64 million SUI tokens caused short-term volatility before bullish momentum returned. Catalysts like the launch of the Grayscale SUI Trust and a sharp rise in Total Value Locked (TVL) helped drive a strong rally.

The post SUI’s May 1st Unlock Brings Risk and Reward as TVL Surges Past $1 Billion appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Arbitrum’s Breakout Failed, but a Key Indicator Says the Rally Isn’t Dead

Arbitrum’s Breakout Failed, but a Key Indicator Says the Rally Isn’t Dead

Arbitrum (ARB) attempted a major breakout on Friday but was sharply rejected at a key...
Top Reasons Why Ethereum Classic (ETC) Price is Surging Today?

Top Reasons Why Ethereum Classic (ETC) Price is Surging Today?

Ethereum Classic (ETC) has jumped over 33% in the last week, breaking out of a long-t...