Layer-1 (L1) coin SUI has defied the broader market downturn, surging 4% in the past 24 hours to become the top-performing cryptocurrency.
The price surge follows news thatWorld Liberty Financial (WLFI), a decentralized finance (DeFi) protocol affiliated with US President Donald Trump, has entered a “strategic reserve deal” with the blockchain network.
SUI’s Uptrend Gains Momentum
According to a March 6 blog post by the Sui Foundation, the developer team behind Layer-1 blockchain Sui has entered into a partnership with WLFI. The collaboration explores product development opportunities by leveraging Sui’s technology and includes integrating Sui-based assets into WLFI’s “Macro Strategy” reserve.
Following the news, SUI’s price jumped by double digits and reached a high of $3.11 on Thursday. This price hike was also fueled by news that Canary Capital filed to establish a trust entity in Delaware for its proposed Canary SUI ETF.
While it has since experienced a slight correction, Sui has continued to experience steady demand over the past 24 hours, increasing the likelihood of a sustained rally in the short term.
SUI’s Balance of Power (BoP) on the daily chart confirms this buying pressure. At press time, this indicator, which compares the strength of the bulls against the bears, is above zero at 0.18.
When an asset’s BoP climbs during a price rally, buying pressure strengthens, with bulls exerting significant control over price action. This suggests that SUI’s current uptrend has strong momentum and could potentially continue if demand remains high.
Furthermore, its rising Chaikin Money Flow (CMF) supports this bullish outlook. At press time, this indicator, which tracks how money flows into and out of an asset, posts a positive value of 0.02.
SUI’s CMF setup indicates more capital flows into its spot markets than out. This suggests strong accumulation and is a bullish signal, reinforcing the likelihood of continued price appreciation.
SUI Faces Key Decision Point
SUI trades at $2.79 at press time, exchanging hands slightly below the resistance formed at $3. If demand strengthens, SUI could break above this resistance and flip it into a support floor.
A successful breach of this level could propel the coin’s price to revisit its all-time high of $5.35, last reached on January 6.
Stellar (XLM) has been up almost 19% over the last seven days, and its market cap is now close to $9 billion. The RSI has surged above 70, while the ADX shows rising trend strength, and the EMA lines confirm bullish momentum.
XLM is holding an uptrend and pushing toward key resistance around $0.30. However, if support levels fail, signs of overheating could lead to short-term pullbacks.
Is Stellar Overheating? RSI Hits 71.5
Stellar is currently showing strong bullish momentum. Its Relative Strength Index (RSI) climbed to 71.5, significantly from 55.2 just three days ago.
This rapid increase highlights a surge in buying activity, reflecting growing investor confidence in XLM’s short-term price prospects. The sharp move also suggests that Stellar has quickly transitioned from a neutral to a more aggressively bullish setup, capturing attention among traders who closely monitor momentum indicators for entry and exit signals.
Such a fast rise in RSI often indicates intense demand, but it can also signal that the asset is approaching stretched conditions, which may increase volatility.
The RSI, or Relative Strength Index, is a technical indicator used to assess the strength and speed of an asset’s recent price movements. It operates on a scale from 0 to 100, where readings above 70 generally suggest an asset is overbought, and readings below 30 indicate oversold conditions.
When the RSI crosses above 70, it often warns that the asset could be due for a pause, consolidation, or minor correction as buying momentum overheats.
With Stellar’s RSI now at 71.5, XLM has officially entered overbought territory. This could mean that while bullish sentiment remains dominant, the price is increasingly vulnerable to pullbacks if momentum slows or traders begin locking in profits after the recent surge.
XLM Trend Momentum Builds as Buying Pressure Dominates
The Stellar Directional Movement Index (DMI) chart signals strengthening trend momentum. Its Average Directional Index (ADX) is currently at 37.41, up from 26.56 just two days ago.
This sharp increase in ADX suggests that the trend is gaining strength, confirming that market participants are firmly committed to the prevailing direction.
An ADX above 25 generally indicates the presence of a meaningful trend, and with XLM’s ADX now approaching 40, the uptrend is well-established and becoming increasingly powerful, attracting more attention from momentum traders and technical analysts.
The ADX, or Average Directional Index, measures the strength of a trend. It does not indicate the direction. It moves between 0 and 100. Readings below 20 show a weak or non-existent trend. Readings above 25 suggest a strong and sustainable trend is underway.
Along with the ADX, the DMI tracks two other important lines. The Positive Directional Indicator (+DI) measures upward pressure, while the negative directional indicator (-DI) measures downward pressure.
XLM’s +DI is now at 33.59. It was at 22.81 two days ago but is slightly down from a recent peak of 36.47. This shows some short-term volatility, even with strong overall buying pressure.
Meanwhile, the -DI has dropped sharply to 9.91 from 19.8 three days ago. This signals that selling pressure has weakened considerably.
Taken together, these movements confirm that XLM remains firmly in an uptrend. However, small fluctuations in +DI suggest that while bulls are still in control, the pace of buying could face brief pauses or small pullbacks as the rally matures.
Stellar Bullish Trend Intact, but Key Support at $0.279 Must Hold
Stellar’s Exponential Moving Averages (EMAs) are flashing strong bullish signals, with the short-term EMAs currently positioned above the long-term ones. This classic pattern reflects sustained upward momentum.
The next major resistance level sits around $0.30, a psychological barrier that could briefly slow XLM’s advance.
However, if Stellar manages to break decisively above $0.30, the path higher opens toward $0.349 and potentially $0.37, which would mark the first time XLM trades above $0.35 since March 2.
On the downside, the support level at $0.279 has become crucial for maintaining the bullish structure.
A successful retest of this support could serve as a healthy consolidation before another leg higher, but a clear loss of $0.279 could trigger a more meaningful correction.
If that happens, XLM price could slide toward the next major support at $0.258, and if selling pressure accelerates, deeper retracements toward $0.239 or even $0.20 are possible.
The European Stability Mechanism (ESM) has raised concerns that the United States’ growing support for dollar-backed stablecoins could threaten Europe’s financial stability and monetary sovereignty.
These concerns come as stablecoin regulation gains traction in the US. US national banks and federal savings associations can offer services without prior regulatory approval.
EU Warns US Stablecoins Could Threaten Euro Stability
Pierre Gramegna emphasized the urgency of the European Central Bank’s (ECB) digital euro initiative as a countermeasure. As the Managing Director of the ESM, Gramegna urged expedition to preserve the country’s monetary sovereignty and financial stability.
“It could eventually reignite foreign and US tech giant’s plans to launch mass payment solutions based on dollar-denominated stablecoins. And, if this were to be successful, it could affect the euro area’s monetary sovereignty and financial stability,” Gramegna stated at a Eurogroup meeting.
The EU is advancing its digital euro project to safeguard its financial independence. The ECB has long warned that reliance on US-backed stablecoins could weaken the euro.
He echoes recent remarks by ECB official Piero Cipollone during an early February interview. Then, Cipollone indicated that the Trump administration’s support for stablecoins would likely accelerate legislation surrounding the digital euro. Such an outcome, he said, would position it as a necessary alternative.
“The US and Europe have differing views on stablecoins. The Trump administration sees them as a tool to strengthen the US dollar’s global presence, whereas the ECB fears they could destabilize Europe’s financial system,” Cipollone explained.
The ESM supports the ECB’s digital euro project and the European Commission’s efforts to revise the MiCA (Markets in Crypto-Assets) directive. Gramegna emphasized that these measures are critical in preventing a scenario in which European consumers and businesses become overly reliant on US-backed stablecoins.
Federal Reserve Chair Jerome Powell has also advocated for stablecoin regulation to solidify their role in financial markets. Meanwhile, new rules now permit US banks to offer stablecoin services, signaling further integration of stablecoins into traditional finance (TradFi).
These developments could accelerate the dominance of US-backed stablecoins in global transactions. Reports suggest that even Bank of America (BoA) is exploring launching its own stablecoin, while Circle CEO Jeremy Allaire is pushing for mandatory US registration of stablecoin issuers.
The debate over stablecoins mirrors broader geopolitical concerns. The dollar’s dominance in digital payments could grow as US financial institutions integrate stablecoins into their services. This could limit the euro’s influence.
European policymakers advocate for a strong regulatory framework and an accelerated timeline for the digital euro’s rollout to counter this.
Lily Liu, President of the Solana Foundation, is looking beyond meme coins to establish Solana as the infrastructure for what she calls “internet capital markets.”
In an exclusive interview with BeInCrypto and a presentation at the 2025 Web3 Festival in Hong Kong, Liu outlined her vision for blockchain technology’s role in democratizing financial access.
From Meme Coins to the “Everything Chain”
“Solana has evolved from being the DeFi chain to the NFT chain, the gaming chain, the payment chain, and recently the meme coin chain,” Liu explained. “When you sum all that up, Solana is the everything chain.”
While meme coins drove Solana’s price to an impressive $290 high in January before falling 60% to around $120 today, Liu views them as just one transient asset class in a much broader ecosystem. “Meme coins are just one type of asset. There will be something else—there’s always going to be the tulip market and the beanie baby market. That’s been going on for a really long time. That’s just what humans do with or without blockchain,” Liu noted.
Despite price volatility, Solana’s Total Value Locked (TVL) reached an all-time high in April 2025, demonstrating continued investor confidence in the ecosystem beyond speculative assets.
The Crisis of Capital Access for Young Generations
Liu, who previously co-founded Earn.com (acquired by Coinbase in 2018) and served as CFO of Chinaco Healthcare Corporation, brings significant experience from building businesses in both the US and China to her current role at Solana. Her background in traditional finance gives weight to her critique of current capital markets.
“Fifty years ago, it took 25 hours of labor to buy one share of the S&P 500. Today, it takes 195 hours,” Liu noted in her presentation, highlighting how capital gains have become less accessible to average workers while losses are increasingly socialized through national debt.
This inaccessibility to capital markets has created anxiety among young people globally. Liu pointed to challenges in Korea and China, where housing prices have skyrocketed beyond what young professionals can afford without parental support.
“In Korea and China, the parents’ generation has retained the upside of a major asset class like housing. Young people’s ability to convert hours of labor into capital and freedom later in life has become extremely limited,” she observed. “In China, it creates huge anxiety for families where young men are culturally expected to own an apartment before marriage, yet average professional salaries make this impossible without parental help.”
Blockchain as Global Financial Infrastructure
Liu sees blockchain’s core purpose as creating a unified global financial infrastructure, similar to how the internet unified attention. “What crypto is doing is providing this unified infrastructure to unify the wealth, the transactions, the financial coffers of five and a half billion people,” she explained.
This infrastructure enables what Liu calls “internet capital markets,” making the full range of financial assets available to anyone with an internet connection. She contrasts the simplicity of downloading a crypto wallet against the complex paperwork of traditional banking and investment systems.
Lily Liu, President of Solana Foundation. Source: 2025 Web3 Festival Hong Kong.
For Liu, this infrastructure is particularly valuable in expanding access to equities and other assets that have both fundamental value and price discovery—currently reserved primarily for accredited investors even in developed markets.
Community-Based Capitalism and the Ownership Economy
Liu argues that blockchain offers an alternative to traditional economic systems. “In the last 100 years, we’ve come to accept that the dominant ownership models are either capitalist or communist—corporate ownership or state ownership,” she explained. “What Bitcoin proposed is that those aren’t the only choices.”
This has evolved into what Liu calls “community-based capitalism,” a term she uses to describe economic models where value accrues to network participants rather than just shareholders or the state. “Instead of universal basic income, which is essentially a welfare economy, crypto proposes universal basic opportunity,” she said. This model allows early participants in network building to share in the upside.
Liu contrasts this with traditional platforms like Uber, where early drivers who helped bootstrap the network received hourly pay but no equity upside. Her “ownership economy” concept refers to this more inclusive approach to capital formation where contribution and ownership are more closely aligned.
Solana’s governance reflects this philosophy, which was recently demonstrated in a controversial proposal to reduce inflation. Liu actively participated in this discussion, explaining that inflation reduction might seem efficient from a network security perspective but would potentially harm Solana as a yield-generating asset.
“Dynamic yield on an asset makes it a worse asset,” Liu emphasized. “If you have an asset yielding a fixed percentage annually, you price that very differently than an asset yielding at variable rates.”
Looking five years ahead, Liu envisions Solana enabling an ownership economy where blockchain creates new pathways for individuals to convert labor into capital, bringing “more inclusivity for five and a half billion people on the internet into capital markets.”
“The end state is moving into assets that have value, can also command price, and bring more inclusivity around the world,” Liu concluded. “This is where crypto is going.”