Kategorie: Crypto News

• Grayscale has filed for an Sui ETF, boosting institutional interest in SUI.
• SUI currently trades at $1.41, facing key resistance at $1.55.
• Analysts warn of a possible short-term dip before a stable base forms.

The proposed ETF would trade under the ticker GSUI on the NYSE Arca, and it is designed to include staking features, allowing investors to earn yield while holding the token.

Coinbase will serve as the prime broker for the ETF, while the Bank of New York Mellon will provide administrative support.

Other firms, including Bitwise and Canary Capital, have also filed for SUI-related products.

These signals are growing institutional interest in the Sui ecosystem.

The filings suggest that SUI may gain traction not only among retail investors but also professional investors seeking regulated exposure.

Sui price analysis

SUI is currently trading at $1.41, down 3.6% over the past seven days.

Its 24-hour trading range has been narrow, between $1.40 and $1.45.

Technical analysts point to $1.55 as the next key resistance level that traders should watch.

A break above this point could pave the way for further gains toward $1.60 and $1.68.

However, short-term support is currently around $1.40, and a decisive break below this could push SUI toward the $1.20–$1.30 range.

The Relative Strength Index (RSI) suggests SUI may be oversold in the short term, providing potential for a rebound.

Despite this, some analysts caution that the recent bounce may be weak compared to larger cryptocurrencies like Bitcoin and Ethereum.

They suggest that SUI could retest lower support levels near $1 or slightly above, before forming a more stable base.

The 7-day range of $1.38 to $1.54 indicates volatility but also shows that buyers are still defending critical price zones.

SUI price outlook

Institutional interest is growing as the broader crypto market navigates volatility.

ETF filings from multiple firms demonstrate confidence in the long-term prospects of SUI.

At the same time, historical performance shows that the altcoin has faced large swings, with an all-time high of $5.35 and a low of $0.3648.

Even with these fluctuations, the token has gained more than 285% from its recent low, reflecting strong recovery potential.

Trading volume remains healthy, with over $635 million exchanged in the last 24 hours.

This liquidity can support price movements as the market reacts to ETF developments and technical patterns.

If bullish momentum persists, the cryptocurrency may challenge the $1.55 resistance in the near term.

Conversely, failure to break above key levels could result in a consolidation phase or minor pullback.

The combination of institutional interest, ETF filings, and technical setups makes this a critical moment for SUI.

Investors and traders will likely monitor both price action and regulatory updates closely.

As the token navigates resistance and support levels, the next few weeks could determine its trajectory.

With proper momentum, SUI could be poised for a renewed bullish phase, edging closer to $1.55.

The post SUI price outlook: Grayscale Sui ETF filing lifts sentiment as token eyes $1.55 resistance appeared first on CoinJournal.

• Jupiter price jumped to above $0.23 as several altcoins pumped.
• Social chatter around airdrop activity and exchange integrations.
• JUP is also up for robust product adoption on Solana.

Jupiter (JUP), the cryptocurrency token of Solana’s leading decentralized exchange, rose to highs of $0.23 on Wednesday, tracking intraday momentum across the broader market.

The double-digit gains, which extend Jupiter’s uptick amid multiple key catalysts, mean another surge could bring the $0.30 level into view.

Why is JUP price rallying this week?

JUP is climbing alongside broader altcoin gains, with the token extending its rally to 13% over the past week.

Bulls edged nearly 10% up in the past 24 hours, before a slowdown cut these to around 8% at the time of writing.

After touching highs near $0.23, JUP traded around $0.21, but its latest rally reflects trader interest in Solana’s leading DEX aggregator.

One key tailwind is the final Jupuary snapshot scheduled for January 30.

Demand is spiking as users position for the potential 200 million JUP rewards. This event has amplified trading activity and liquidity provision ahead of the deadline.

Meanwhile, Coinbase’s recent Solana integration further bolsters momentum. By enabling users to trade via Jupiter directly within the exchange, Coinbase puts the DEX on track for expansion to millions of retail traders.

Elsewhere, Jupiter has established its footprint with product developments like JupUSD stablecoin and Jupiter Lend, with DeFiLlama metrics showing a sharp increase in revenue generated.

Notably, Meteora, Jupiter and Uniswap saw huge revenues in 2025. Per data, the three platforms dominated other DeFi protocols’ fee revenue, with each generating well over $1 billion over the year.

DEX volume has also increased significantly over the past week.

Jupiter price prediction: Is $0.30 next?

JUP’s price outlook is bullish amid the latest gain.

While the long-term trend highlights the plunge from above $1 in 2025, resilience in the past weeks has technical indicators pointing to a possible momentum shift.

The Moving Average Convergence Divergence (MACD) boasts a bullish crossover, while histogram bars have turned positive.

Also alluding to renewed buying strength is the Relative Strength Index (RSI), which hovers near 58 on the daily chart.

Except for a looming unlock of about 53 million JUP tokens, the overall picture is primarily positive.

If transaction flows and user engagement hold firm, a breakout to $0.30 will highlight $0.60 as the next target.

However, this confluence of catalysts could be overridden by broader market headwinds. JUP support lies in the $0.20-$0.18 area.

Jupiter price reached its all-time high of $2.04 in January last year.

The post Jupiter price prediction: JUP extends gains as bulls eye $0.30 next appeared first on CoinJournal.

• Bittensor (TAO) price gained 5% to intraday highs of $241.
• TAO rose as AI tokens rallied, with Render and Virtuals Protocol also up.
• Bulls target a breakout, with $240 as support amid potential macroeconomic tailwinds.

Bittensor’s TAO token was showing strong bullish momentum as the artificial intelligence-linked cryptocurrency segment recorded notable gains.

TAO ranked among the top performers over the past 24 hours, with traders eyeing a potential breakout above the $240 level.

Beyond the broader AI narrative, improving market sentiment ahead of key macroeconomic events and earnings releases has helped drive renewed interest in the decentralised AI token.

Bittensor price touches $240

Bitcoin’s move to above $90,000 on Wednesday, and Ethereum’s uptick to $3,000 headlined crypto stories in early trading sessions on January 28.

An anticipated Federal Reserve decision and Big Tech earnings, which highlight this week’s events, helped put risk assets back into an upward trajectory.

As the top coins heave at resistance levels, Bittensor and other AI tokens rallied.

TAO price jumped 5% as derivatives signalled retail interest, with trading volumes spiking alongside heightened open interest in futures markets.

Having retested the $240 level and briefly touched $241, bulls are likely to regroup and power to new intraday highs.

Macroeconomic tailwinds could catapult TAO higher.

TAO gains as AI tokens rally

Bittensor was not the only AI-linked token to post gains on the day.

Rallies in Render, Virtuals Protocol and the Artificial Superintelligence Alliance placed all three among the top gainers within the top 100 cryptocurrencies by market capitalisation.

RENDER, VIRTUAL, and FET rose between 5% and 9% over the past 24 hours, while smaller tokens such as Oasis, AI Companion and Kite recorded sharper advances.

The broad-based move higher points to a renewed upswing in the AI crypto segment, underscoring the strength of the sector’s narrative, with Bittensor continuing to stand out through its subnet-based ecosystem.

Improving sentiment across the category suggests potential accumulation, with large holders showing interest as asset managers roll out investment products that provide exposure to AI-focused digital assets.

Bittensor price forecast

Bittensor’s architecture incentivises AI model contributions via competitive subnets, which is driving adoption and value accrual.

Technical patterns signal a potential bullish breakout, with support targets above $240 likely if bulls dominate on strong volume.

On the 4-hour chart, Bittensor sports positive momentum indicators, including RSI recovery and MACD.

The latter paints a bullish crossover pattern, suggesting taking out bears above $240 might be pivotal for buyers.

On the flip side, support lies around the $235-$230 area. Bulls will be eyeing the artificial intelligence narrative and the Fed.

The post TAO price gains 5% as AI crypto segment posts broad rally appeared first on CoinJournal.