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The Sui price has pumped 4% in the last 24 hours to trade at $2.75 as of 4:10 a.m. EST on a 42% jump in trading volume to $2.15 billion.
The jump in the SUI price comes in response to its partnership with the Trump family’s World Liberty Financial (WLFI), a DeFi protocol.
As part of the collaboration, WLFI has added SUI to its strategic token reserve, boosting investor confidence and reinforcing SUI’s position in the DeFi and Web3 ecosystem.
🚨 BREAKING — we’re extremely excited to announce a partnership with @worldlibertyfi, a Donald J. Trump-inspired pioneering DeFi protocol, rooted in a shared vision for a more open and transparent financial world.
As part of this collaboration:
💥 WLFI will include SUI in their… pic.twitter.com/7J1gB0EbS4— Sui (@SuiNetwork) March 6, 2025
Sui Rebounds On Strong Support Zone – Can The Bulls Sustain The Momentum?
The SUI price has ranged between $2.5613 (daily low) and $2.8909 (daily high), indicating volatility near key support and resistance levels. Previously, SUI moved within a bullish channel from October to January, forming higher highs and higher lows.
However, in late January, the trend reversed, leading to a bearish channel that persisted until early March. This downward trend showed lower highs and lower lows, but the recent price action suggests a possible breakout.
SUIUSDT Analysis Source: Tradingview
Key support and resistance zones play a crucial role in determining the next move. The support zone between $2.00 and $2.50 has held well, preventing further downside. On the other hand, the resistance zone between $3.50 and $4.00 is the next major barrier that SUI must break to confirm a sustained uptrend. A move above $4.00 could push the price toward $5.00 or even $6.00 in the long run.
RSI Signals Neutral Stance
The RSI (Relative Strength Index) is at 43.22, indicating a neutral stance, with the signal line at 40.89. If the RSI moves above 50, it would confirm renewed bullish momentum.
Additionally, LuxAlgo trendlines show key price levels at $3.9299 (potential resistance) and $2.8957 current test level. Holding above $2.90 would increase the probability of a bullish breakout.
If SUI holds support above $2.50, an upside move toward $3.50 to $4.00 is likely. A break above $4.00 could open doors to higher levels such as $5.00 to $6.00. However, if the price fails to sustain above $2.50, there is a risk of a deeper correction.
Solana Investors Flock To Solaxy As Its Presale Zooms Past $25.3 Million
As the Sui price looks to break above the bearish channel for a bullish rally, investors are rushing to buy Solaxy (SOLX), a Solana Layer 2 project currently in presale that has raised over $25.3 million.
Solaxy is launching its Layer 2 scaling solution that processes transactions on a sidechain before confirming them on Solana’s mainnet. This means faster transactions, lower fees, and less congestion, especially useful now with all the SOL-based meme coin activity slowing things down.
SOLAXY ($SOLX) IS ON FIRE! 🔥 Layer-2 for Solana, $22M presale, 186% staking APY. Real talk: this could be the savage play of 2025. Who’s HODLing with me? 🚀 Review incoming if you say YES! #SavageSquad #CryptoMax #Solaxy pic.twitter.com/2qWE1OqHmA
— CryptoMax (@CryptoMax82358) March 3, 2025
The platform also offers plug-and-play tools that make it super easy for developers to build on the platform.
Early investors can stake SOLX for a massive 162% annual yield.
Market analysts see strong growth potential for SOLX. YouTube channel 99Bitcoins, with over 726K subscribers, predicts SOLX could soar 10X after it launches.
Right now, SOLX is priced at just $0.001656, and you can buy it using ETH, USDT, BNB, or SOL through the official website or a crypto wallet like Best Wallet.
The price is set to increase in less than 20 hours, so interested investors should by before then to lock in the best deal.
Visit the official Solaxy website.
Related Articles:
- Trump Family’s World Liberty Financial Buys WBTC, ETH, MOVE Worth $21.5M
- BTC Jumps 4% As Investors Flock To This Meme Coin ICO Offering Free Bitcoin
- Solana Price Rebounds As Solaxy Presale Passes $25M
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