The post SUI Coin Flips BNB On This Front: Is $5 Imminent Now? appeared on BitcoinEthereumNews.com.

Sui Network (SUI) together with its ecosystem’s coins continued to thrive in the crypto markets with notable performances in volume and price gains. SUI vs. BNB Daily Trading Volumes One aspect that SUI performed was in the 24-hour trading volume where its $1,718,906,124 broke above BNB’s $1,635,913,728. This had moved from SUI changed from 478.55 million compared to 2.68 million BNB . SUI flipping BNB in volume was noteworthy considering that for a long time, BNB has enjoyed strong dominance amongst altcoins thanks to its central placement in Binance’s ecosystem. SUI vs. BNB volume | Source: CoinMarketCap For BNB, such a drop in relative volume may mean rotation or diversion of attention from the trader’s part. For SUI, increasing activity may represent an increase in investor interest or speculation or ecosystem activity. Consistent high volume could potentially facilitate price discovery, but at the cost of volatility. Its sustainability would be subject to the sustained network participation, capital inflow and general market support. This event sounds a growing loudness but it is not a final long-term change yet. SUI Price Analysis A look into the price action of SUI on the daily time frame, the altcoin saw a classic bull flag break out. This could be a sign that momentum could change dramatically to the upside. If SUI price closes above the upper resistance of the consolidation zone, price could peak at $3.63 as at the time of analysis, when the breakout candle closed above. The previous flag was determined between $3.20 and $3.55, which fit perfectly to textbook continuation structures of the altcoin. SUI price chart | Source: TradingView If this move held up and volume built, the expected breakout may take SUI to roughly the $5.00 target. The measured move for this setup was based off the original flagpole—around…

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Filed under: News - @ May 10, 2025 5:18 pm