SUI Outperforms Rivals as Crypto Sees 4th Week of Inflows
By: bitcoin ethereum news|2025/05/12 20:45:04
0
Share
Key Notes Sui attracted $11.7M in weekly inflows, surpassing Solana in YTD figures with $84M vs $76M. Technical indicators show bullish momentum, with SUI targeting its all-time high of $5.35. Sui’s upcoming Vietnam event highlights its push into AI, gaming, and DeFi innovation. Sui SUI $3.65 24h volatility: 5.3% Market cap: $12.18 B Vol. 24h: $1.76 B has emerged as one of the best-performing altcoins of the week, outperforming its peers in both price action and investor inflows, as the broader digital asset market recorded its fourth consecutive week of gains. According to the latest data from CoinShares, digital asset investment products saw a total of $882 million in inflows last week, bringing year-to-date (YTD) inflows to $6.7 billion, closing in on the $7.3 billion peak hit in early February. Bitcoin dominates inflows While Bitcoin BTC $96 611 24h volatility: 2.1% Market cap: $1.92 T Vol. 24h: $29.09 B dominated inflows with $867 million and reached a new milestone of $62.9 billion in net ETF inflows since January, it was Sui that stole the spotlight among altcoins, attracting $11.7 million in inflows. This not only placed it well ahead of Ethereum ETH $1 845 24h volatility: 2.6% Market cap: $222.72 B Vol. 24h: $14.22 B , which garnered a modest $1.5 million, but also enabled Sui to overtake Solana SOL $150.7 24h volatility: 2.6% Market cap: $78.04 B Vol. 24h: $3.80 B in YTD inflows, with $84 million compared to Solana’s $76 million. CoinShares reports $882M in digital asset inflows last week, the fourth straight week, bringing 2024 YTD total to $6.7B. Bitcoin led with $867M, while Ethereum saw just $1.5M. U.S. crypto ETFs have now reached $62.9B in cumulative inflows. https://t.co/AHt0QEXBhN — Wu Blockchain (@WuBlockchain) May 12, 2025 In contrast, Solana saw $3.4 million in outflows last week, emphasizing Sui’s growing appeal among investors. Sui shows signs of retesting ath The daily chart of the SUI/USDT trading pair reveals a sustained bullish trend, with the price currently at $4.15, up 4,71% on the day. The Fibonacci retracement from the swing low of $3.12 to the recent local high of $4.97 shows that SUI has reclaimed the 0.618 level ($4.23) and is now targeting the next resistance levels at $4.57 (0.786 Fib) and $4.97 (previous high). If the bullish momentum continues, a breakout above the $4.20 resistance would confirm the strength of the uptrend, opening the path towards the all-time high (ATH) target of $5.35. SUI Dail Chart with RSI, MACD, and Fib levels | Source: TradingView Meanwhile, the Relative Strength Index (RSI) is currently around 72, suggesting strong bullish momentum but also signaling potential overbought conditions. However, overbought RSI during strong trends often leads to further upside before any meaningful correction. Meanwhile, the MACD indicator shows a bullish crossover with the MACD line (blue) above the signal line (orange), and positive histogram bars continuing to expand, further validating the current uptrend. A major upcoming event Adding fuel to Sui’s bullish narrative is its upcoming flagship event, “The Great Sui Odyssey #5,” taking place on May 17 in Vietnam. The event will showcase how Sui is driving innovation in AI, gaming, and DeFi for developers. The Great Sui Odyssey #5 by @Suci_Community – Discover how Sui enables scalable, builder-friendly dApps in AI, Gaming, DeFi, Art, and beyond. Saturday, May 17 14:00 – 17:00 GMT+7 SuiHub, Vietnam Register nowhttps://t.co/SROxCY2VRc — Sui (@SuiNetwork) May 11, 2025 With its high throughput, dynamic assets, and scalable infrastructure, Sui is enabling cutting-edge applications like Large Language Models (LLMs) in decentralized ecosystems. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content. Altcoin News, Cryptocurrency News, News A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books. Parth Dubey on LinkedIn Source: https://www.coinspeaker.com/sui-leads-altcoin-inflows-eyes-ath-ahead-of-vietnam-event/
You may also like
Circle: From Issuance to Infrastructure
Circle is attempting to transform from a single-layer company into a full-stack financial platform that can operate and derive value across multiple layers of the payment stack.
Capital Markets: How will independent agents obtain financing?
Agents are becoming real companies: signing contracts, opening accounts, taking orders, and sharing profits. When ten thousand such companies are operating simultaneously, who will lend to them? How do they obtain financing?
Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week
Overview of Important Market Events on May 18
Cross-border payment giant Wise lands on Nasdaq
Wise's listing on Nasdaq is not just a relocation of its stock market; it is also a repositioning of a cross-border payment company transitioning from a low-cost remittance tool to a global financial services network.
a16z Crypto: How should crypto entrepreneurs understand the CLARITY Act?
On May 14, the U.S. Senate Banking Committee passed the CLARITY Act with bipartisan support. The act clarifies the division of responsibilities between the SEC and CFTC in the cryptocurrency sector, providing a legitimate path for blockchain networks to issue and operate tokens.
Hyperliquid has been sued by two major traditional exchanges
CME and ICE joined forces to go to the U.S. Congress and CFTC to complain, demanding strict regulation of the cryptocurrency derivatives platform Hyperliquid.
Dialogue with Lead Bank Founder Jackie: American Banks Re-embrace Crypto
Excellent crypto companies are not those that are "best at circumventing regulations," but those that are "best at evolving in collaboration with regulations."
Vitalik: What we need to do is not to fight against AI, but to create a sanctuary
What is truly scarce is not computing power, but people who are willing to think proactively and retain sovereignty.
Morning News | VanEck and Grayscale submitted BNB ETF amendments on the same day; BlackRock discusses investing billions of dollars in SpaceX's IPO; Michael Saylor releases Bitcoin Tracker information again
Overview of Important Market Events on May 17
Crypto ETF Weekly | Last week, the net outflow of Bitcoin spot ETFs in the United States was $995 million; the net outflow of Ethereum spot ETFs in the United States was $255 million
Avenir Group solidifies its position as the largest Bitcoin ETF institutional holder in Asia, ranking first in the region for eight consecutive seasons.
This Week's News Preview | The Federal Reserve Releases the Last FOMC Minutes of the "Powell Era"
Highlights of the week from May 18 to May 24.
The ambition of "one account trading global assets": How does CoinUp.io break down asset barriers to become an industry dark horse?
Create a diversified financial ecosystem through collaboration between CEX and public chains.
How long will it take for the GPU futures market when computing power is commoditized?
Will computing power be the next major commodity? Examining the GPU futures market from five dimensions: it is still too early to talk about an explosion; the real breakthrough variable lies within the wave of open-source models and inference demand.
Harvard University loses $150 million in cryptocurrency! Has completely liquidated Ethereum and significantly reduced its Bitcoin ETF positions
In just two quarters, Harvard's public holdings in crypto assets fell from a peak of $443 million to about $117 million.
BNB Chain releases a research report exploring the migration path of BSC to post-quantum cryptography
The report explores the specific performance and implementation path impacts of replacing traditional blockchain cryptography with anti-quantum methods, including the use of ML-DSA-44 as a transaction signature scheme and the use of pqSTARK aggregated verifier consensus signatures.
After the number of developers was halved: Crypto is not dead, it has just handed over talent to AI
The trust, coordination, and verification issues encountered in the scaling of AI will ultimately require the mechanism design capabilities accumulated by the crypto industry to resolve.
"JUST 6th Anniversary x GasFree Super Carnival Month" is here: Enjoy "0" Gas transfer freedom and share a prize pool of 10,000 USDT
The total prize pool for this grand event reaches 10,000 USDT, covering multiple gameplay options such as the GasFree activation challenge, the exclusive prize pool for the pizza festival, the JUST 6th anniversary lucky koi, and knowledge competitions.
The two survival structures of market makers and arbitrageurs
This article will discuss the characteristics of their risk exposure and explain their differences.
Circle: From Issuance to Infrastructure
Circle is attempting to transform from a single-layer company into a full-stack financial platform that can operate and derive value across multiple layers of the payment stack.
Capital Markets: How will independent agents obtain financing?
Agents are becoming real companies: signing contracts, opening accounts, taking orders, and sharing profits. When ten thousand such companies are operating simultaneously, who will lend to them? How do they obtain financing?
Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week
Overview of Important Market Events on May 18
Cross-border payment giant Wise lands on Nasdaq
Wise's listing on Nasdaq is not just a relocation of its stock market; it is also a repositioning of a cross-border payment company transitioning from a low-cost remittance tool to a global financial services network.
a16z Crypto: How should crypto entrepreneurs understand the CLARITY Act?
On May 14, the U.S. Senate Banking Committee passed the CLARITY Act with bipartisan support. The act clarifies the division of responsibilities between the SEC and CFTC in the cryptocurrency sector, providing a legitimate path for blockchain networks to issue and operate tokens.
Hyperliquid has been sued by two major traditional exchanges
CME and ICE joined forces to go to the U.S. Congress and CFTC to complain, demanding strict regulation of the cryptocurrency derivatives platform Hyperliquid.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
