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Home Crypto

The price of the Crypto Such explodes 68 % in 7 days-what happens?

Nicholas by Nicholas
April 26, 2025
in Crypto
0
The price of the Crypto Such explodes 68 % in 7 days-what happens?

In the last 7 days, the PRICE of the SU has increased by 68 %, thus bringing the token to 3.6 dollars. Let us be interested in the reasons that can explain this increase.

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Le prix de la crypto SUI explose de 68 % en 7 jours — Que se passe-t-il ?

The Suppolate almost 70 %

This week, the Cours du suis, the native token of the eponymous blockchain, flew by more than 68 %. During the writing of these lines, the asset is exchanged at 3.6 dollars per unit, up 0.8 % over 24 hours, while it was another $ 2.14 last week.

After a difficult start to the year, like the rest of the Crypto marketthe SU has now succeeded in finding its highest in February in just a few days ::

SUP Courses in daily data

SUP Courses in daily data

👨‍🏫 Everything about the SUP ecosystem

To try to explain this increase, several tracks can be explored. The first is the opening of the Grayscale Fund for Qualified Investors, which we had already presented last September.

However, this track is more than an announcement effect than a real influx of liquidity by this investment vehicle, since the “Grayscale Su Trust” totals less than $ 11.12 million in assets under management currently.

Another important announcement lies in a partnership with XMoney, allowing the deployment of a virtual MasterCard card via the Xportal application.

Buy The Crypto Su with binance

In addition, speculation has been short for a few days, as for a hypothetical partnership with The Pokémon Company. For the time being, this is to be taken with tweezers, but an observer has noticed that in the update of Pokémon Home mentioned the company Parasol Technologies.

What is interesting to note is that The said company was bought last March by Mysten Labs, the company in charge of the development of the SUP ecosystem ::

With TODAY's Pokémon Home Update, The Privacy Policy was updated, Including the addition of an additional development: parasol technologies, llchttps: //t.co/aisimxsnsm appears to be involved with NFTS and blockchain, so they were LIKELY BROUGT on the new medals feature pic.twitter.com/heubsre1np

– ABCBOY (@abcboy101) April 23, 2025

If it is advisable to remain very cautious, it will however be a question of remaining attentive to a possible realization of these rumors.

👉 To go further – sui explosion, return to $ 5? Technical analysis of April 25, 2025

For the blockchain followed properly speaking, its decentralized finance (DEFI) today totals nearly $ 1.77 billion in total locked value (TVL). More specifically, Stablecoins also experience significant growth on this network, with a total of more than $ 876 million, up 134 % since the start of the year.

Buy The Crypto Su Coinbase

Source: tradingView

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Investments in cryptocurrencies are risky. There is no guaranteed high yield, a product with high performance potential implies a high risk. This risk taking must be in line with your project, your investment horizon and your ability to lose part of this savings. Do not invest if you are not ready to lose all or part of your capital

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Since 2021, I have devoted my free time to seriously train myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to carry out interviews with influential personalities from the blockchain industry. I also conduct in -depth analyzes on web3 themes to offer exclusive content to cryptoast readers.

Vincent Mayor

1768 articles


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