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SUI surges 18% in the past 24 hours, trending on CoinMarketCap and CoinGecko, as Sui Network’s total value locked jumps 8% in a single day. Sui ( SUI ) price continues to surge, up 18% in the past 24 hours, currently trading at $3.57. Today’s surge extends the rally that began on April 21, when SUI started printing consecutive green daily candles from an opening price of $2.10, accompanied by increasing volume. On April 22, SUI price broke out of a bullish double bottom pattern, piercing the neckline at around $2.80. It has now gained around 67% since the start of the rally. The price is now about key short-term and long-term moving averages, including 20 EMA, 50 SMA, 100 SMA, and 200 SMA. Momentum indicators back the bullish thesis with bullish crossover on MACD and widening gap. RSI is in the overbought zone, indicating a potential short-term pullback. However, volume is going up alongside price, which confirms strong buy-side conviction rather than weak momentum or a false breakout. The breakout above the $2.80 neckline of the double bottom pattern marked a major shift in trend. That move confirmed a bullish reversal and paved the way for a measured move target in the $3.50–$3.60 range — which SUI has now hit. Looking ahead, the next immediate target is around $3.85 — the next major resistance zone based on 2.618 Fibonacci extension, a common profit taking level where the pullback is likely to occur. Then, $4.55 (a stretch target — momentum must stay strong) and $5 might come into play. Several key catalysts are likely driving the SUI price rally, including a surge in memecoin trading on the Sui network and the recent announcement of major partnership to launch a virtual Mastercard powered by xMoney. Additionally, Sui’s total value locked has surged 8% today, climbing to $1.64 billion. This places Sui as the 9th-largest chain by TVL, surpassing Avalanche ( AVAX ) and Aptos ( APT ).

On April 25, POL marked its fifth day of gains, breaking a prolonged downtrend as ecosystem momentum and NFT demand picked up. According to crypto.news, Polygon’s native token, POL (formerly MATIC), surged nearly 20% to an intraday high of $0.26, pushing weekly gains to 34% and marking a 70% rebound from its monthly lows. Its market cap has once again crossed the $2 billion mark, standing at around $2.15 billion at the time of writing. A sharp rise in trading activity backed this rally. POL’s 24-hour volume also shot up 270% to over $340 million, signaling increased buying pressure. Meanwhile, interest from derivative traders is also on the rise, with open interest in POL futures climbing 25% to $107 million in the last day alone. The latest price surge appears to be closely tied to the launch of the Agglayer Breakout Program , Polygon’s new initiative aimed at incubating high-impact projects that build on Agglayer and Polygon. The program supports early-stage blockchain startups with funding and dev resources while directly directly rewards POL stakers with token airdrops ranging from 5% to 15% of a project’s token supply from graduating projects. Notably, two standout projects, Privado ID and Miden, are already preparing their own drops. Privado ID is allocating around 5%, and Miden plans to airdrop 10% of its tokens to POL stakers. The rally also comes amid an uptick in demand for NFTs on Polygon. A recent report from crypto.News shows that NFT sales on Polygon ( POL ) reached $22.1 million in the seven days leading up to April 22, surpassing Ethereum ( E T H ), which brought in $21.8 million during the same period. As of press time, Polygon is also outpacing other platforms in terms of the number of buyers. Over the past week, 47,592 people bought NFTs on Polygon, a noticeable increase of roughly 62%. In comparison, Ethereum had 39,498 buyers per data from CryptoSlam. The rising bullish sentiment among its investors is also evident in a steady increase in the number of wallets holding between 10,000 and 100 million POL tokens. That suggests whales and mid-sized holders are accumulating, possibly expecting more upside. On the daily chart, POL has broken out above the upper trendline of a long-term descending pattern that began in December 2023. This kind of breakout often signals the start of a trend reversal, and the momentum looks strong. It also formed a golden cross on the daily timeframe, with the 9-day EMA moving above the 20-day EMA for the first time since November 2024. Back then, this signal flashed just before POL went on a 112% rally within a month, climbing from $0.34 to $0.71. If history repeats, a similar upside move could be on the cards. Momentum indicators are leaning bullish, too. The Aroon Up is at 92.86% while the Aroon Down sits at 35.71%, showing clear dominance by buyers. The Supertrend indicator has also flashed a buy signal, with its green support line appearing below the price for the first time since last December. With the current momentum in play, analysts have started to line up bullish targets. For instance, Man of Bitcoin pointed out that POL is currently in the third wave of an Elliott Wave pattern and has just hit the 1.618 Fibonacci extension, typically where wave-3 peaks. A healthy wave-4 pullback could come next, with support between $0.241 and $0.217. Meanwhile, Mohamed G. Sewid believes this bounce might be the start of a massive bull run, possibly ending a 3-year corrective wave. As long as the $0.151 low holds, he says, POL could be eyeing a return to all-time highs, especially if it clears the $0.768 mark. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

With the 'BTC pizza day' forming as an idea for a low, I've visualized how it would look for a fake out failed cycle IF it ends up being a low. Having said that, I'm not going to fixate on dates here. If we take the 72k with an SFP of our existing low anytime before getting too close to the next cycle window, then we have a potential FOFC. If the low forms on the pizza day and we're going to also sweep the high, the upswing out of that low will likely be violent (because time into the next window would be running out.) Interesting confluence, possibly. Equally, the Titanic low formed a week prior to the actual date, and so I'm keeping that in mind here. I was/am expecting earlier in May for a FOFC so it has more time to do its thing, so maybe it'll play out like that again (if even happening.)

GM 💜 Another day to play, earn, and vibe 😎 Are you counting down to the #airdrop finale? 👀

If you're looking for additional $ETH exposure $ARB is one of the strongest options on the table right now. It’s a high-beta play that runs HARD once eth moves... it also usually tops before ETH so it can be used as a guideline.