Kategorie: Altcoin News

• Sui’s price is above $4.20 after surging more than 56% over the past month. 
• The token’s rally has pushed the total value locked to all-time highs amid a surge in open interest.
• Bulls could target the SUI all-time high of $5.35 reached in January 2025.

Sui (SUI) has broken above $4.20 amid a notable 56% surge over the past month.

This rally brings SUI tantalizingly close to its all-time high of $5.35, recorded in January 2025.

It also means an impressive rally from April lows of $1.90, putting the token alongside top performers PancakeSwap, BNB and Optimism.

Sui price jumps above $4 as TVL, open interest surge

While Sui isn’t the standout performer in the past day or week, the token has gained over 56% in the past month.

This has allowed it to break above $4.20 and see bulls come within reach of all-time highs witnessed in January 2025.

Sui is also significantly up since lows of $1.9 in April 2025, with the cryptocurrency showing remarkable recovery since plummeting amid the Cetus protocol hack.

Bulls’ dominance as top altcoins rally means Sui has experienced a notable spike in its total value locked (TVL).

According to DeFiLlama, the project’s TVL has surpassed $3 billion, including staking, borrowings and vesting tokens.

Key protocols like Suilend, NAVI and Bluefin have witnessed a spike in their respective TVLs to boost Sui’s.

As well as DeFi activity, Sui is recording notable upside in the futures market.

Per data by Coinglass, open interest in SUI has surged 10% to $2.7 billion, with strong speculative interest showing in the $7.4 billion in derivatives volume.

Long positions dominate, suggesting overall bullish sentiment. As TVL rises and open interest grows, Sui’s market outlook becomes increasingly bullish.

If market conditions support an upward flip, it could be a new ATH for Sui within the short term.

Token unlocks are nonetheless a factor to watch.

In the next 7 days, major one-time token unlocks (over $5 million) include: SUI, JUP, ENA, OP, KMNO, SIGN, GPS, ZETA, and REZ. Significant linear unlocks (daily unlocks over $1 million) will occur for: SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, SEI, ETHFI, JTO, FIL,… pic.twitter.com/0XCOn9PFrr

— Wu Blockchain (@WuBlockchain) July 28, 2025

SUI price prediction

Looking at the technical picture, SUI’s price trajectory appears upbeat.

Technical indicators, such as the Relative Strength Index (RSI), support the bullish outlook.

RSI currently sits at 65, having retreated from overbought territory, which means there’s room for further gains without SUI flipping immediately overheating.

Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bullish crossover.

The MACD line is above the signal line to suggest bulls have an upper hand.

Despite an upcoming cliff unlock, analysts predict SUI price could soon retest its all-time high of $5.35.

Price discovery could push the token’s value even higher. However, the token unlock and short-term profit taking may derail bulls.

SUI currently trades around $4.21, about 6% up in the past week.

The post SUI price: bulls eye all-time high amid spike above $4 appeared first on CoinJournal.

• Optimism price increased by more than 13% to highs of $0.84 amid gains for PancakeSwap, Ethena and SPX6900.
• Upbit, South Korea’s leading crypto exchange, announced the listing of the Ethereum layer 2 scaling solution’s native token OP.
• The price of OP could explode 100% as bulls eye $2.

Optimism (OP) price is up double-digits, mirroring moves by PancakeSwap, Ethena and SPX6900 as top altcoins by 24-hour gains.

Gains for the native token of the Ethereum layer 2 scaling solution come amid a major boost from Upbit, South Korea’s dominant crypto exchange.

With new trading pairs set to launch for OP, price could follow.

South Korea’s Upbit adds support for Optimism

Upbit, a titan in South Korea’s crypto landscape, is rolling out new trading pairs for Optimism (OP).

The exchange said this in an official announcement posted earlier today.

In it, Upbit confirms that trading support will kick off at 16:30 KST, bringing massive trading volume and liquidity to OP.

With South Korea being a big crypto market, this news has buoyed OP’s daily volume and price.

As noted, Optimism has managed an impressive 13% spike from its recent trough of $0.71 to a peak of $0.84.

The surge is accompanied by a staggering 420% spike in trading volume, which surged past $700 million.

It’s a reaction that reinforces Upbit’s reputation as one of crypto’s biggest exchanges by daily volume.

The listing may bolster bulls and bring new highs into the picture.

OP has also traded higher in recent weeks after $956 billion asset manager Hamilton Lane expanded its flagship fund, Senior Credit Opportunities Securitize Fund (SCOPE), to Optimism and the Ethereum mainnet.

Optimism price forecast: Another 100% gain for OP?

As the crypto market holds onto bullish sentiment and analysts say altcoin season is yet to unfold, one of the coins to watch is Optimism.

The OP token teeters on the verge of a breakout, with Upbit’s listing a potentially huge catalyst.

Notably, the exchange’s vast user base and low 0.05% KRW trading fees could propel OP into the spotlight, potentially attracting both retail and institutional players.

A look at technical indicators shows bulls have an upper hand.

The daily chart has a rising Relative Strength Index (RSI), which signals robust buying pressure.

OP’s price outlook is also positive as indicated by the Moving Average Convergence Divergence (MACD), currently sporting a bullish crossover.

While Optimism price hovers near $0.82 at the time of writing, upside momentum amid fresh retail demand could help push it past $1.

The token last traded at highs of $1.2 in April. If buyers reclaim this level, a break to $2 and YTD peak of $2.1 is likely.

However, if sellers emerge amid the Upbit listing-driven hype, primary support levels are around $0.74 and $0.68.

The post Optimism price spikes as OP lands on South Korea’s largest crypto exchange appeared first on CoinJournal.

• Bitcoin Cash has seen a notable surge in the past 24 hours, gaining 8% to $554.
• The altcoin sees gains as Bitcoin price dumps amid massive sell-off pressure.
• With trading volume up 44% and rising open interest also surging, BCH could defy the benchmark asset’s dip further and eye highs last seen in December 2024.

The Bitcoin Cash (BCH) price currently stands at approximately $551.

While it’s off its intraday highs of $554, it remains above the $550 mark, up as one of the top gainers in the past 24 hours.

According to CoinMarketCap, this comes as Bitcoin’s latest correction has many altcoins also showing weakness.

Bitcoin Cash defies BTC dump with 7% gain

BTC dropped to below $115k after Galaxy Digital, a prominent crypto investment firm, offloaded 30,000 BTC in under 24 hours.

Liquidations spiked amid the Bitcoin dump, but Bitcoin Cash looked to buck the trend.

Its intraday gains of over 8% see it rank among the top performers in the 100 largest cryptocurrencies by market cap.

Notably, gains keep BCH in an uptrend over the longer time frames. The altcoin’s price is on an upward trajectory since touching lows of $268 in April 2025.

Also, the price gain amid a 44% increase in trading volume to over $870 million suggests potential buying pressure.

Crypto analyst CW points to increased whale interest, particularly in China.

There is a strong buying trend for $BCH on Binance and OKX, where Chinese whales are active. pic.twitter.com/49b4oiZHSd

— CW (@CW8900) July 25, 2025

Is BCH poised for a rally to $1,000?

BCH price last traded at $1,000 in May 2021, at the time when bears pushed it lower from above $1,427.

In the past year, an attempt by buyers to reclaim the level fizzled out at around $624 in December 2024.

While the cryptocurrency has struggled for upside momentum, analysts are increasingly optimistic about Bitcoin Cash’s potential to rally toward $1,000.

Other than the overall long-term bullish sentiment around crypto, the short-term picture highlights robust market metrics and technical outlook.

For instance, open interest in BCH derivatives has jumped 24% to $533 million, with volume 28% up to over $1.3 billion.

A surge in speculative activity signals bullish confidence in the token’s price.

The technical picture further bolsters this bullish outlook.

The Relative Strength Index (RSI) currently reads 63.

Meanwhile, the Moving Average Convergence Divergence (MACD), is also flashing a bullish crossover to hint at potential short-term upward pressure.

If bulls manage a breakout to the supply wall at $540-$565, they could retest the $620-$650 area.

Above this, resistance above $700 could allow bulls to target $1,000. Conversely, support lies around $480 and then $380.

The post Bitcoin Cash up 7% as bulls defy BTC dump, eye gains on rising volume appeared first on CoinJournal.

• Onyxcoin (XCN) price is around $0.015, down 19% over the past week.
• XCN is under pressure as the broader market battles fresh selling as traders book profits.
• Onyx V2’s anticipated launch and the regulatory clarity provided by the CLARITY Act could be a bullish catalyst.

Onyxcoin (XCN), the native token of the web3 protocols ecosystem Onyx, is experiencing the downside pressure that currently engulfs the broader crypto market. Celestia is among the altcoins to see 24-hour losses.

As of writing, XCN is trading at $0.01538, with a 24-hour trading volume of over $38 million.

While the market cap has dipped to $527 million, the slight uptick in daily volume indicates a notable level of market interest.

Onyx eyes traction with V2 ahead of CLARITY law

The Onyx ecosystem is gearing up for a significant upgrade with the impending launch of Onyx V2, aimed at enhancing compliance and functionality.

According to a recent announcement by OnyxDAO on X, the launch of Onyx V2 is designed to meet the highest compliance standards under the United States’ crypto markets regulation CLARITY Act.

Onyx V2 is coming 🔜 @OnyxDAO’s launch aims to meet the highest compliance standards under the upcoming U.S. CLARITY Act, positioning $XCN as a Digital Commodity Token within a Mature Blockchain System. pic.twitter.com/4avN6ByWIg

— Onyx (@OnyxDAO) July 24, 2025

The CLARITY Act, formally known as H.R. 3633, aims to provide a clear regulatory framework for digital assets by distinguishing between digital commodities, securities-like assets, and stablecoins.

As Onyx notes in its post on X, the V2 rollout will position XCN “as a Digital Commodity Token within a Mature Blockchain System.”

Potentially, this means broadening the project’s appeal to institutional investors amid broader regulatory compliance.

Onyx has cautioned the community that there will be no token swaps, with users asked to beware of scams and fake airdrops.

Onyxcoin price outlook

The anticipation surrounding Onyx V2 could spark considerable interest in XCN, hence catalyzing an upward flip.

Among market outlook indicators traders are watching to gauge potential price movements is open interest.

While XCN derivatives have seen a slight decrease in OI, the weighted funding rate remains positive. Derivatives volume, which reflects trading activity in futures and options, has also fallen 14% to around $25 million.

From a technical point of view, indicators on the daily chart further support a short term bearish strength.

The Relative Strength Index (RSI) for XCN is currently at 43, not yet oversold. However, it is downsloping to suggest sellers could gain momentum.

Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line crossing below the signal line. XCN price is also near the support line of a falling wedge, and a drop could extend losses.

Interestingly, Onyxcoin is down 19% over the past week and has pared most of the gains seen when price jumped to highs of $0.02 in mid-July.

XCN is nonetheless more than 914% up in the past year. While this suggests a bullish trend amidst broader market volatility, price is near a critical support level.

The post XCN price forecast: will bulls rally ahead of Onyx V2 launch? appeared first on CoinJournal.