The Sui (SUI) ecosystem has experienced significant headwinds in the past few days following the Cetus Protocol (CETUS) hack. While the Sui validators stopped the majority of the stolen funds from being swapped into different chains, the network has been criticized for its centralized governance.
In a bid to ensure transparency and retain users’ trust, the Sui network has prepared an on-chain vote involving the users and validators. In the next seven days, the community will be voting on whether to undertake a network upgrade to recover the $162 million stolen by the hacker but was frozen on-chain.
Meanwhile, the Cetus Protocol announced that the Sui Foundation has offered a loan to cover the remaining $60 million, thus guaranteeing all affected users will be made whole again.
Sui Price Signals Short-term Rebound
Following the announcement, SUI price gained over 5 percent in the past 24 hours to trade about $3.68 on Tuesday, during the late North American trading session. The announcement also positively impacted the Cetus Protocol, whereby CETUS price rallied over 17 percent in the past 24 hours to trade at about $0.1527 at the time of this writing.
From a technical analysis standpoint, SUI price has been preparing for a bullish continuation in the past three weeks. Furthermore, the large-cap altcoin, with a fully diluted valuation of about $36.8 billion and a 24-hour average trading volume of around $1.3 billion, has established a macro-rising trend since late 2023.
In the daily timeframe, SUI price has been consolidating in a falling symmetrical channel, potentially a bullish continuation pattern. Following today’s bullish rebound, from the lower border of the falling symmetrical channel, Sui price is well positioned to rally towards a new all-time high in the near term.
Bitcoin price surged 3% on Thursday, climbing above $97,000 for the first time in two months. The rally was fueled by multiple bullish catalysts that reinforced investor confidence in BTC’s mid-term trajectory.
BTC price surges on ETF optimism and Saylor’s $21B push
Bitcoin (BTC) rose 3.4% this week, trading near $97,000 at press time. According to Coingecko data, Bitcoin price traded as high as $97,341, driving its market above $2 trillion for the first time since early March.
This came just days after the SEC postponed decisions on seven altcoin ETF applications.
The new SUI filing suggests the delays are procedural, not signs of rejection, which reassured markets.
Strategy Files Published Q1 Financial Report, May 1, 2025
Adding to the bullish momentum, Strategy, led by Michael Saylor unveiled Q1 results and a massive new investment plan.
Despite a $4.2 billion unrealized loss in Q1 2025 due to quarter-end BTC pricing, the company launched a $21 billion at-the-market (ATM) equity offering to buy more Bitcoin.
Strategy currently holds over 553,000 BTC at an average cost of $68,459. The firm also raised its 2025 BTC yield target from 15% to 25%, citing strong early-year performance.
Importantly, Strategy’s report highlighted a $12.7 billion accounting uplift from the switch to fair value accounting, boosting retained earnings. This marks a broader shift in corporate Bitcoin adoption, with over 70 public companies now holding BTC on their balance sheets.
Institutional momentum is now building on multiple fronts:
Renewed ETF activity, fair value accounting for corporate holders, and continued capital inflows. BTC’s sharp rebound above the $96,500-$97,000 zone confirms this bullish bias.
A weekly close above $97,000 could unlock the path to $105,000 in the near term, with some analysts projecting a move toward $145,000 by Q3 if macro tailwinds persist.
Bitcoin price is currently trading at $97,089, up 0.62% on the day, and poised to extend its rally toward $105,000. Price has broken decisively above the $90,000 resistance zone, with strong bullish continuation confirmed by the clean daily candle structure and rising volume.
Bitcoin price analysis | BTCUSDT
The 50-day and 200-day simple moving averages (SMAs), shown in green and red, have flattened out but remain below current price, signaling that BTC has reclaimed long-term trend support with conviction.
Other Bitcoin price forecast signals also support this bullish thesis. The Relative Strength Index (RSI) at 70.49 has entered overbought territory, typically a warning sign, but in trend-confirming rallies like this one, it often reflects strong institutional interest rather than exhaustion. RSI continues to diverge positively from its 14-day moving average, currently at 65.08, echoing bullish signals.
A move above $98,000 would open a clean path to $105,000, while support now lies at the $90,000 and $86,000 levels. A sudden break below these would invalidate the current bullish structure, although such a pullback appears unlikely given BTC price resilience above the 100-day SMA (blue) and low sell volume near resistance.
Pro-XRP lawyer John Deaton has tapped two Ripple executives to join an exclusive list of crypto all-time greats. The XRP supporter argues that Ripple’s co-founder, Jed McCaleb, and company CTO, David Schwartz, can sit alongside Satoshi Nakamoto on Crypto Mount Rushmore. Ripple Executives To Rank Alongside Satoshi and Buterin On Crypto Mount Rushmore In an X post, John Deaton unveiled his picks for a Crypto Mount Rushmore, placing anonymous Bitcoin creator Satoshi Nakamoto at the top. Beneath Satoshi’s blank face, the pro XRP lawyer reels out potential candidates to make the cut for a Crypto Mount Rushmore based on their contributions to the cryptoverse. Deaton taps Ethereum co-founder Vitalik Buterin to make the exclusive list for introducing smart contracts and decentralized applications. Deaton says Buterin’s inclusion into the list is a “no-brainer” given his pioneering status in the ecosystem. The lawyer tips Ripple co-founder Jed McCaleb to make the cut,… Read More at Coingape.com
The live price of the Algorand is [liveprice sym=”Algorand”]
Price predictions suggest ALGO could reach $0.90 by the end of 2025.
Long-term forecasts indicate potential highs of $5.65 by 2030.
Algorand’s strong push for scalability, security, and decentralization is paying off. With the launch of AlgoKit 3.0 in Q1 2025 and growing developer interest, ALGO adoption has improved and is now on the rise. The rising adoption is beneficial for an asset, as it is directly proportional to a token’s price.
But the big question for intrigued market participants still remains: Can ALGO Price hit $1 this cycle? Read our in-depth Algorand Price Prediction 2025 and long-term outlook through 2030 to find out.
As per Coinpedia’s Algorand Price Prediction, the forecast for the Algorand network is optimistic for the coming years. With a potential altcoin market in Q1 2025, the ALGO coin price might skyrocket toward a new high.
If the network maintains the staggering growth, the ALGO coin price may reach $0.89 in 2025. Conversely, if the network fails to expand, then the price can flip into a bearish trap and dip to $0.45.
Year
Potential Low
Potential Average
Potential High
2025
$0.45
$0.67
$0.89
Algo Price Target July 2025
The price prediction for Algorand (ALGO) in July 2025 suggests that if the $0.15 support level holds strong, ALGO may aim for a retest of the $0.24 mark. However, the breach of $0.15 could pull ALGO price lower.
Month
Potential Low ($)
Potential Average ($)
Potential High ($)
Algorand (ALGO) Price Forecast July 2025
0.09
0.15
0.24
Algorand Price Prediction 2025
The last time a surge in Algorand price was seen was in Q4 2024, it reached a high of $0.613, which marked a 470% gain from the $0.1079 level. But, in Q4 2024, the final month sell-off intensified, stretching into Q1 2025, the price of Algorand fell drastically to a low of $0.1491 by the first week of April, which is a multi-year strong support area for the ALGO price.
However, the situation from the second week of April changed as the chart showed a higher-high structure, showcasing that the ALGO price started to recover from the very same multi-year support area. By mid-May Algorand price climbed almost 70% to $0.24 from Q2’s low of $0.150.
But, the advance stopped mid-May onwards, as strong supply levels rejected the ascent, pushing the price below 200 day EMA band. In June’s final week, the price came back to April’s low and took support from $0.15 support area.
The algorand price is down 71% from Q4 2024’s high and 32% down from mid-may’s high, if short-term bearish elevates then ALGO price might meet 2024’s low of $0.0943, but if the $0.15 level meets strong demand, then it might aim for a retest of the $0.24 mark in July 2025.
Moreover, looking at the long-term perspective, if demand increases directly proportional to adoption at an unprecedented rate, then ALGO might clear the targets such as the $0.50 and $0.60 mark, and even hit $0.90 by the end of the year.
These targets may sound big compared to its current price at the moment, but on zooming out to the monthly chart. The last three years are a clearly range-bound sideways chart compared to 2021’s high-strength parabolic one.
Year
Potential Low
Potential Average
Potential High
2025
$0.20
$0.50
$0.90
Read CoinPedia’s Stellar Price Prediction 2025, 2026 – 2030 to understand the possible long-term market prospects!
Algorand Price Targets 2026 – 2030
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
2026
0.65
1.0
1.35
2027
0.90
1.50
2.00
2028
1.40
2.10
2.90
2029
1.75
2.95
4.15
2030
2.50
4.05
5.65
Algorand (ALGO) Price Forecast 2026
Moving forward to 2026, the ALGO price may record a maximum price of $1.35. With a potential low of $0.65, the average price could settle at around $1.0.
ALGO Coin Price Projection 2027
Looking ahead to 2027, the Algorand crypto token may range between $0.90 and $2.0. With this, the average trading price could settle at around $1.50 for the year.
Algorand Crypto Price Action 2028
In 2028, the ALGO coin with a potential surge could reach a high of $2.90, a low of $1.40, and an average of $2.10.
ALGO Token Price Analysis 2029
Moving into 2029, the Algorand coin could range between $1.75 and $4.15. Considering the buying and selling pressure, the average price could settle at around $2.95.
ALGO Price Prediction 2030
By 2030, the value of a single Algorand token could reach a high of $5.65, a low of $2.50, and an average of $4.05.
Are you wondering if the ETH crypto coin will hit $5k in this altcoin market? Read Ethereum price prediction 2025, 2026 – 2030 now!
Market Analysis
Firm Name
2025
2026
2030
Currencyanalytics
$0.67
$0.97
$4.06
Priceprediction.net
$0.18
$0.258
$1.10
DigitalCoinPrice
$0.82
$1.28
$2.60
Planning on stacking ADA tokens before it achieves a new ATH? Read CoinPedia’s Cardano Price Prediction 2025, 2026 – 2030!
[article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”Price Prediction” category_id=”6″]
FAQs
Is Algorand a good investment?
Yes, ALGO shows long-term potential with strong fundamentals, low fees, and a focus on scalability.
How high will Algorand’sprice go in 2025?
ALGO is expected to reach up to $0.90 by end of 2025, driven by adoption growth and bullish market sentiment.
Is Algorand Proof-of-Stake (PoS) or Proof-of-Work (PoW)?
Algorand is the first network to bring a complete Proof-of-Stake (PoS) consensus mechanism.
What would be the possible maximum price of ALGO by the end of 2030?
ALGO may reach a high of $5.65 by 2030, supported by network upgrades and increased developer adoption.
How to buy Algorand?
Algorand can be traded on exchanges like Binance, Coinbase Pro, Huobi Global, and OKEx, amongst others.
If I had invested $100 in Algorand (ALGO) in 2020, what would it be worth now?
Considering you invested $100 in 2020 at the average price of $0.427, your investment would have decreased by 2.81% to $98.11.
ALGO
BINANCE
The post Algorand Price Prediction 2025, 2026 – 2030: Will ALGO Price Hit $1? appeared first on Coinpedia Fintech News
Story Highlights The live price of the Algorand is [liveprice sym=”Algorand”] Price predictions suggest ALGO could reach $0.90 by the end of 2025. Long-term forecasts indicate potential highs of $5.65 by 2030. Algorand’s strong push for scalability, security, and decentralization is paying off. With the launch of AlgoKit 3.0 in Q1 2025 and growing developer …
