Daily Crypto Recap: Hyperliquid Extends Rally, Solana Stays Stable, and Sui Attracts Strong Marke...

robot
Abstract generation in progress

Hyperliquid HYPE rallied 4.03%, maintaining support above $52 with surging liquidity and potential to retest $55.

SOL held steady near $216 despite intraday volatility, showcasing strong demand and firm support above $210.

Sui’s Trading Spike – SUI saw a 50.42% surge in trading volume, signaling heightened market activity even amid a modest price dip.

The crypto market displayed mixed activity in the past 24 hours, with Hyperliquid advancing, Solana consolidating, and Sui attracting stronger trading volumes. Each token showed distinct behavior, reflecting the balance between bullish momentum, consolidation phases, and sharp intraday swings. The broader trend highlights resilience across key assets despite ongoing volatility.

Hyperliquid Extends Rally

Hyperliquid traded at $52.82 after a 4.03% increase during the day. The token briefly touched $55 before consolidating near the $52–53 zone. Despite pullbacks, strong demand maintained prices above support levels.

Source: Coinmarketcap

Market capitalization rose 4.4% to $17.64 billion, while the unlocked market cap stood slightly lower at $16.41 billion. The circulating supply reached 333.92 million tokens out of a maximum of one billion. Locked supply continues to provide upward price pressure in the near term.

Trading volume surged 27.68% to $442.1 million, reflecting higher participation and strong liquidity. The intraday chart revealed higher lows even after corrections. Momentum suggests potential retests of $55 if activity sustains.

Solana Stays Stable

Solana closed at $216.29, posting a negligible daily decline of 0.02%. The token fluctuated between $203 and $218 before consolidating near $216. Buyers supported the recovery after a late dip.

Source: Coinmarketcap

Market capitalization stood at $117.23 billion, backed by 542 million SOL in circulation. Its fully diluted valuation measured $131.78 billion. The large circulating supply paired with strong demand keeps Solana among the leading assets.

Trading volume reached $8.97 billion but marked an 8.66% decline compared with the previous day. Liquidity remained robust with a 7.68% ratio to market cap. Price resilience above $210 highlights persistent demand despite intraday swings.

Sui Attracts Strong Market Activity

Sui traded at $3.44 after a modest 0.74% daily decline. Price touched $3.60 before retreating toward $3.44. Support levels remained intact after late selling pressure.

Source: Coinmarketcap

Market capitalization was $12.3 billion, supported by 3.56 billion tokens in circulation. Its fully diluted valuation stood significantly higher at $34.48 billion. Transparent supply conditions provide clarity for long-term participants.

Trading volume surged 50.42% to $1.48 billion, lifting its liquidity ratio to 12.09%. This activity indicated heightened short-term participation despite the pullback. If demand continues, Sui may attempt another move toward $3.60.

HYPE-1.13%
RLY2.69%
SOL1.09%
SUI-2.04%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)