Market Update

Sway promising position in the growing encryption market Flash news details

On April 17, 2025, the Michaël Van POPPE transparency via Twitter announced that $ SUI, an encrypted currency, is ready, ready to receive significant investments as the broader market turns into a bullish direction. According to Van de Bobby, the SUI strength is clear in the total increasing value (TVL), with 10 % of TVL now via SUI, indicating strong growth in Bitcoin Financial (BTCFI) (Source: Twitter, Cryptomichnl, April 17, 2025). In addition, the Defi sector in SUI rose to the top 6 of all Blockchain platforms, which confirms a competitive advantage in decentralized financing space (Source: Defi Pulse, April 17, 2025). At the time of the announcement, SUI was traded at $ 1.25, which represents an increase of 5 % over the end of the previous day of $ 1.19 (Source: CoinMarkcap, April 17, 2025).

The effects of increasing the high Sui height. Investors are likely to benefit from the SUI momentum, as it becomes clear from the increase in trading volume to 32 million Sui icons circulated on April 17, 2025, compared to the average daily size of 25 million during the past week (Source: Coingecko, April 17, 2025). This increase in size indicates an increase in interest and the possibility of increasing prices. The SUI/BTC trading pair witnessed a 3 % increase in size, reaching 1.5 million together that was circulated against Bitcoin, while the Sui/USDT pair witnessed an increase in the volume of 7 % to 28 million only traded against Tether (Source: Binance, April 17, 2025). The scales on the series reveal a 15 % increase in active addresses on the SUI network over the past 24 hours, indicating the user’s increasing participation (Source: Nansen, April 17, 2025).

Sui’s technical indicators ascending, as the difference in moving average rapprochement (MACD) shows a bullish intersection on April 17, 2025, indicating the possibility of continuing upward momentum (Source: TradingView, April 17, 2025). The RSI (RSI) index (RSI) is 62, indicating that Sui has not yet been clarified and has a space for further growth (Source: Coinigy, April 17, 2025). Increased trading volume, along with positive technical indicators, supports SUI’s ups. The moving average has exceeded 50 days for the SUI moving average for 200 days, indicating a golden cross and enhancing the bullish trend (Source: Cryptoquant, April 17, 2025).

In the context of developing artificial intelligence, no direct connection between the news of artificial intelligence and the performance of SUI on April 17, 2025. However, the broader encryption market morale remains positive, and is affected by developments in artificial intelligence technologies, which can indirectly benefit from cryptocurrencies such as SUI. The trading volumes driven by artificial intelligence have not changed a major change in SUI, but comprehensive morale in the market can lead to artificial intelligence and its potential applications in Blockchain technology to increase the interest of SUI and similar symbols (Source: Santiment, April 17, 2025).

The SUI questions include its potential and its role in the Defi ecological system. Sui growth capabilities are supported by strong performance standards and increased TVL. Its role in Defi is important, as it ranks first among the best platforms for Defi activities, providing investors with chances of lending, borrowing and agriculture. With the continued development on the market, the Sui position in the Defi and BTCFI sectors is likely to attract more investors looking for high yield opportunities.

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