Why is XRP Price Up Today?

The post SUI Price Eyes $5.30 ATH, Can On-Chain Strength Drive A Breakout This Quarter? appeared first on Coinpedia Fintech News

Key Highlights

• SUI price maintains its bullish structure, with price consolidating near key resistance at $4.50.
• Recent developments like Phantom integration, NFT partnerships, and institutional inflows signal growing adoption.
• Technical analysis shows bullish EMA alignment, but RSI near 68 hints at potential consolidation.
• On-chain metrics such as $2.18B TVL and $11B+ monthly DEX volume reflect record activity and sustained DeFi momentum.
• SUI is consolidating near $4, following a brief intraday pullback on May 13, while maintaining bullish structure overall.

SUI Coin has surged 75% over the past month, reclaiming $4 for the first time since February. Backed by record on-chain metrics and strong technicals, the altcoin holds a bullish structure as traders eye a breakout toward the $5.30 ATH.

Catalysts Behind SUI’s Momentum

• Phantom Wallet Integration (May 13): The popular multichain wallet added support for the Sui Network, allowing users to seamlessly swap assets between Sui, Ethereum, Solana, and Base. This expanded access and simplified token purchases directly from the wallet, enhancing user adoption and activity across the ecosystem.
• Axelar Bridge Launch (May 8): Axelar integrated Sui via its Interchain Token Service (ITS), enabling native assets to be bridged to and from other major blockchains. This boosted Sui’s DeFi composability, allowing protocols to tap into external liquidity while remaining native to the Sui chain.
• Upcoming Sui Odyssey Event (May 17): The fifth edition of “The Great Sui Odyssey” will take place in Vietnam, spotlighting new developments in AI, DeFi, and gaming — all of which could act as forward-looking catalysts for continued growth.

On-Chain Data Confirms Explosive Growth in SUI Ecosystem

• TVL grew from ~$1.8B in early April to $2.183B by May 14. The stablecoin market cap stands near $919M with inflows up 39.5%. If it crosses $1B, price could trend toward $4.50 under current dynamics. 

• Monthly DEX volume peaked at $782M on April 23 — the highest single-day volume in Sui’s history — within a broader monthly surge. As of May 14, the 7-day total sits above $3.98B, up nearly 40% week-over-week and nearly triple April 10’s $253M figure.

• Futures open interest surged from ~$600M in early April to $1.86B by May 14 — a yearly high — showing strong leveraged demand across Binance, Bybit, and others.

• Sui has consistently maintained over 1.5 million daily active addresses through April and May, peaking at 1.7 million on April 29. On average, 1.2M–1.5M wallets interact daily, with a healthy mix of new and returning users.

SUI/USD Approaches Key Resistance After 140% Rally

• SUI price has gained over 140% from its April 13 low of $1.73, reaching $4.20 on May 10 — the first time it reclaimed $4 since January 17, 2025. The rally gained momentum after breaking out of the $2.80–$3.10 consolidation zone on April 23. Notably, this breakout coincided with SUI’s DEX volume all-time high of $782M — confirming the strength behind the price surge.
• Price currently trades above all major EMAs, with the 20 EMA (~$3.58) providing near-term dynamic support. The $3.53–$3.85 region is acting as a structural base.
• SUI is consolidating between $3.85 and $4.15 — a former January supply zone — with visible buying support on pullbacks.
• A daily close above $4.35 would confirm breakout continuation and likely target the $5.30 ATH ( Dec 20, 2024).
• RSI is holding near 68.2 — slightly below overbought — suggesting slowing bullish momentum but no breakdown yet.
• Key support zones include $3.53 (20 EMA) and $3.10–$3.20 (aligned with 50 EMA and April breakout base).

 Can SUI Break $5.30 This Quarter? Metrics Remains Bullish

SUI’s bullish structure is reinforced not just by technical strength, but by fundamental catalysts like Phantom wallet integration, Axelar cross-chain support, and institutional inflows.

SUI’s structure remains bullish, supported by rising volume, strong on-chain data, and active user growth. A close above $4.35 could trigger a breakout in the next 2–3 weeks. If DEX volume returns to April highs, SUI may revisit its $5.30 ATH before the quarter ends. Support at $3.50–$3.85 continues to provide a solid accumulation zone

The post SUI Price Eyes $5.30 ATH, Can On-Chain Strength Drive A Breakout This Quarter? appeared first on Coinpedia Fintech News
Key Highlights SUI price maintains its bullish structure, with price consolidating near key resistance at $4.50. Recent developments like Phantom integration, NFT partnerships, and institutional inflows signal growing adoption. Technical analysis shows bullish EMA alignment, but RSI near 68 hints at potential consolidation. On-chain metrics such as $2.18B TVL and $11B+ monthly DEX volume reflect …

The post President Donald Trump to Hold an Exclusive Dinner For Top 220 $TRUMP Token Holders on May 22 appeared first on Coinpedia Fintech News

• The top 220 $TRUMP holders by May 12 will be eligible for the Gala dinner at the Trump National Golf Club in Washington D.C.

• On-chain data shows a renewed interest in $TRUMP memecoin amid an ongoing crypto bullish outlook.

The President of the United States Donald Trump will host an exclusive dinner for the top 220 holders of the Official Trump ($TRUMP) memecoin next month. According to the announcement, President Trump will host a crypto dinner in Washington D.C. on May 22, 2025.

To select the lucky few, a real-time leaderboard was unveiled on Wednesday, where users can register and compete for the top 220 positions. Furthermore, the $TRUMP leaderboard will end by May 12, with the top 25 holders earning a VIP reception with the president and a special tour of the White House.

“This is 100% real. Details about the $TRUMP Gala Dinner will be posted on the official $TRUMP website and shared across all verified $TRUMP social media channels,” the announcement noted.

Whale Investors Scramble for $TRUMP Memecoin

Following the announcement of the Trump Gala dinner, on-chain data showed a sharp uptick in whale activity seeking to accumulate the TRUMP memecoin. For instance, Lookonchain spotted a whale investor who spent $5 million to purchase 407,467 TRUMP tokens at about $12.27.

However, some investors sold their TRUMP tokens before the announcement, thus missing out on the palpable gains. 

Nevertheless, the FOMO triggered by the Trump dinner news will catalyze more bullish sentiment and attract more investors in the near term.

Market Picture

The $TRUMP memecoin rallied more than 70 percent in the past 24 hours to trade at about $13.65 at the time of this writing. The mid-cap Solana-based memecoin, with a fully diluted valuation of about $13.5 billion, recorded a 400 percent surge in its 24-hour average trading volume to hover around $3 billion at the time of this writing.

Following the notable TRUMP price rebound in the past two weeks, it is safe to say that the memecoin has possibly kickstarted a fresh bull rally. Moreover, the four-hour Relative Strength Index (RSI) has been forming a bullish divergence and spiked above the 70 percent level for the first time in 2025.

Additionally, the four-hour MACD indicator has already flipped bullish after multi-weeks of signaling bearish sentiment.

The post President Donald Trump to Hold an Exclusive Dinner For Top 220 $TRUMP Token Holders on May 22 appeared first on Coinpedia Fintech News
The top 220 $TRUMP holders by May 12 will be eligible for the Gala dinner at the Trump National Golf Club in Washington D.C. On-chain data shows a renewed interest in $TRUMP memecoin amid an ongoing crypto bullish outlook. The President of the United States Donald Trump will host an exclusive dinner for the top …

The post Should You Be Bullish on POL (Prev. MATIC) Price? Will It Ever Reach $1?  appeared first on Coinpedia Fintech News

The crypto market is witnessing some cautious declines today, with the total market capitalization dropping below $2.9 trillion. Major tokens like Bitcoin and Ethereum slipped, driven by profit-taking and market consolidation. Meanwhile, the POL (Prev. MATIC) price has been showing strong bullish momentum and has delivered an impressive performance today. This validates its growing relevance within the market, which may help the MATIC price to keep up the bullish trend. 

The POL price surged over 14% to $0.2529, breaking the key resistance on strong volume amid bullish sentiment. This upward momentum follows a volatile month for POL, which plunged to a 30-day low of $0.1533 in the first week of April before staging a dramatic rebound. The current price action not only marks a striking short-term gain but also signals a potential end to the prolonged downtrend that defined the POL since December 2024. 

Why POL Price is Rising? WIll it Reach $1 in 2025? 

The rally was catalyzed by the announcement of the Agglayer Breakout Program, which aims to incentivize POL staking through project airdrops. This has increased the activity within the ecosystem and also the demand for the token has risen significantly. Technically, POL broke out above a critical resistance zone near $0.22, which had capped prices during weeks of accumulation. Therefore, this decisive move, supported by a rise in volume and open interest, suggests a genuine shift in the market sentiment, which could initiate a 30% to 40% rise. 

As seen in the above chart, the POL price has broken above the descending trend line but failed to secure levels above $0.257, which is an important resistance level. The crypto attempted to surpass the upper band of the Gaussian channel that could have validated the beginning of a bullish trend. However, the bears restricted the move, but the MACD formation suggests the upswing may continue as the levels are heading back to the positive range for the first time in 2025. 

Therefore, the POL (Prev. MATIC) price is expected to close the day’s trade above $0.257, which could validate the bullish divergence. Some overbought signals may prompt short-term volatility, but the token’s reversal from recent lows and a rise in the trader’s attention suggest the POL price could enter a new bullish phase soon. 

The post Should You Be Bullish on POL (Prev. MATIC) Price? Will It Ever Reach $1?  appeared first on Coinpedia Fintech News
The crypto market is witnessing some cautious declines today, with the total market capitalization dropping below $2.9 trillion. Major tokens like Bitcoin and Ethereum slipped, driven by profit-taking and market consolidation. Meanwhile, the POL (Prev. MATIC) price has been showing strong bullish momentum and has delivered an impressive performance today. This validates its growing relevance …