Chiliz price drops 15% amid sharp altcoin pullback

  • Chiliz (CHZ) price fell sharply on Thursday, with a more than 15% plunge sending prices to lows of $0.046.
  • Losses for the token comes as Bitcoin price drops sharply to impact top altcoins.
  • Upbeat sentiment around CHZ remains amid roadmap plans and World Cup 2026 anticipation.

The CHZ token, native to the leading blockchain platform powering fan engagement in sports, saw its value tumble as the broader altcoin market faced a fresh downturn.

Chiliz traded to its intraday lows as Bitcoin dropped to under $85,000 again.

BTC’s sharp plunge has altcoins in peril mode, with Ethereum down to $2,800, XRP to $1.79, and Solana to $117. CHZ ranked as one of the biggest losers in the top 100 by market cap.

CHZ dips after recent surge

The Chiliz price enjoyed a robust 30% weekly rally leading into late January, with a sudden pump outpacing a slumping global crypto market. CHZ pumped to near $0.06.

In reality, the upswing can be traced back to the momentum of mid-December 2025, when bulls shattered the $0.035 resistance level.

The uptick coincided with heightened anticipation for the FIFA World Cup 2026 set for the summer in the United States, Mexico, and Canada.

Chiliz’s Fan Token ecosystem, which powers tokens for clubs like FC Barcelona and Juventus, has positioned itself as a key blockchain partner.

Event-driven sentiment and Chiliz Chain 2.0 upgrades bolstered bulls. However, concerns over fan attendance amid US visa bans and boycott calls have slightly dampened the outlook.

Chiliz Price Chart
Chiliz price chart by CoinMarketCap

Sharp declines come amid this, with widespread profit-taking by short-term holders and mounting weakness across altcoins, exacerbating the situation.

Chiliz price forecast: any bullish catalysts?

The current market conditions could allow bears to target the $0.040-$0.035 support zone.

However, beyond its recent volatility, Chiliz’s price may ride broader tailwinds.

The FIFA World Cup in June-July 2026 looms as a centerpiece, while upgrades and regulatory developments could ignite further Fan Token launches.

Chiliz’s “2030 Vision” roadmap, which emphasizes DeFi integrations and institutional tie-ups, also adds to the potential bullish catalysts.

The optimism for Chiliz also lies around the implementation of a transaction fee burning model similar to Ethereum’s EIP-1559.

With this mechanism, a portion of CHZ is burned every time users trade Fan Tokens, mint real-world assets, or transfer a media rights asset.

Users pay gas fees using the CHZ token, and a reduction in supply can significantly impact prices in the long term.

Technically, a rebound above the $0.050 psychological level will hint at resilience. A break above $0.064, the token’s January 17 peak, could bring  $0.10 into view.

The MACD’s upward histogram and OBV strength suggest accumulation may persist.

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SUI price outlook: Grayscale Sui ETF filing lifts sentiment as token eyes $1.55 resistance

  • 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.
SUI, the native token of the Sui blockchain, is experiencing renewed optimism following Grayscale’s update to its S-1 form for a Sui-focused ETF.

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.

Sui price analysis
Sui price chart | Source: TradingView

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.

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Jupiter price prediction: JUP extends gains as bulls eye $0.30 next

  • 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.

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