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SUI Flips LINK, Sets Sights on Half of Cardano Market Cap as Price Continues Ascent


by Abdulkarim Abdulwahab
for CoinEdition

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SUI flips LINK in market cap rankings, aims for 50% of Cardano’s valuation as trading volume climbs
  • SUI overtakes Chainlink to become the 10th-largest non-stablecoin crypto asset.
  • SUI’s market cap reaches $11.2B, with daily trading volume above $1.48 billion.
  • Cardano remains ahead, but SUI’s value now exceeds one-third of ADA’s.

SUI’s continued price ascent drove it into the top 10 non-stablecoin crypto rankings on May 6. This climb included flipping Chainlink (LINK) in market value. Now firmly in the top ranks, SUI appears focused on its next major goal: reaching a value equal to half of Cardano’s (ADA) market cap.

SUI’s market cap has reached approximately $11.25 billion, overtaking Chainlink’s $8.9 billion. The flip comes amid a price increase, with SUI trading at $3.36 at the time of writing, a 0.8% drop in the past day. SUI has been on an impressive run in the past month, with a 53.75% rise. 

Related: Flora Growth Enters Crypto With $1M Bet on ETH, SOL, XRP, SUI

The 24-hour trading volume for SUI now exceeds $1.59 billion, reflecting strong investor interest. In comparison, Chainlink trades at $13.54, a 3.5% drop in the past day. Its daily transaction volume of $262 million is also lower than SUI, suggest…

The post SUI Flips LINK, Sets Sights on Half of Cardano Market Cap as Price Continues Ascent appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 2.85K

-2.58%

$ 1.87

-2.26%

$ 0.363

-4.29%

$ 12.23

-3.42%

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In This News

Coins

$ 2.85K

-2.58%

$ 1.87

-2.26%

$ 0.363

-4.29%

$ 12.23

-3.42%

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SUI Flips LINK, Sets Sights on Half of Cardano Market Cap as Price Continues Ascent


by Abdulkarim Abdulwahab
for CoinEdition

Share:

SUI flips LINK in market cap rankings, aims for 50% of Cardano’s valuation as trading volume climbs
  • SUI overtakes Chainlink to become the 10th-largest non-stablecoin crypto asset.
  • SUI’s market cap reaches $11.2B, with daily trading volume above $1.48 billion.
  • Cardano remains ahead, but SUI’s value now exceeds one-third of ADA’s.

SUI’s continued price ascent drove it into the top 10 non-stablecoin crypto rankings on May 6. This climb included flipping Chainlink (LINK) in market value. Now firmly in the top ranks, SUI appears focused on its next major goal: reaching a value equal to half of Cardano’s (ADA) market cap.

SUI’s market cap has reached approximately $11.25 billion, overtaking Chainlink’s $8.9 billion. The flip comes amid a price increase, with SUI trading at $3.36 at the time of writing, a 0.8% drop in the past day. SUI has been on an impressive run in the past month, with a 53.75% rise. 

Related: Flora Growth Enters Crypto With $1M Bet on ETH, SOL, XRP, SUI

The 24-hour trading volume for SUI now exceeds $1.59 billion, reflecting strong investor interest. In comparison, Chainlink trades at $13.54, a 3.5% drop in the past day. Its daily transaction volume of $262 million is also lower than SUI, suggest…

The post SUI Flips LINK, Sets Sights on Half of Cardano Market Cap as Price Continues Ascent appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 2.85K

-2.58%

$ 1.87

-2.26%

$ 0.363

-4.29%

$ 12.23

-3.42%

Share:

In This News

Coins

$ 2.85K

-2.58%

$ 1.87

-2.26%

$ 0.363

-4.29%

$ 12.23

-3.42%

Share:

Read More

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