Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.
SUI news
A branch of China’s Ant Group and Sui will provide a Chinese solar material manufacturer with greater exposure with tokenized assets available onchain.
Bitcoin could reach $180,000 by the end of 2025, the asset manager said.
Starting in December, Bitcoin holders will be able to stake BTC on Babylon, a Bitcoin layer-2, from the Sui network.
The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor.
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
Sui is looking for new scalable and sustainable projects for its blockchain, and it’s offering generous encouragement.
Exchanges like the South Korean crypto exchange Upbit have temporarily disabled SUI deposits and withdrawals amid the network outage.
Bitcoin maintaining above $85,000 improves the price prospects for SOL, AVAX, SUI, and NEAR.
Bitcoin’s strong weekend rally to $81,000 could add more fuel to the current price action in ETH, SOL, SUI, and AAVE.