SUI, LINK, and ADA – Market Update at a Glance
SUI is holding steady around $4.00, showing signs of strength after recent consolidation. Momentum in the ecosystem is building fast, with total value locked approaching $2 billion. This uptick follows the news of Nasdaq filing for a 21Shares SUI ETF. Grayscale also highlighted SUI’s technical strengths, pointing to its potential to support billions of accounts and deliver instant finality—ideal for consumer-grade decentralized apps.
LINK is trading close to $19.68 and has seen a noticeable boost recently. It joined the SEC’s Crypto Task Force, adding a layer of regulatory credibility, while also playing a major role in JPMorgan’s Cross‑Chain Interoperability Protocol (CCIP). These developments helped push LINK up around 7% in recent sessions. Chainlink’s oracle upgrades and a spike in DeFi partnerships have also led to a massive increase in on-chain activity—up over 1,600% this week.
ADA is gaining ground, currently priced near $0.875. It's up roughly 2.5% in the past 24 hours and about 10% over the week. Cardano has now overtaken TRON to reclaim the number nine spot by market cap. Several factors are fueling this move: the upcoming Chang Hard Fork introducing Voltaire governance, integration with Blockchain.com’s wallet, and a surge in large transactions over the $1 million mark in just the last day.
In Short:
SUI is gathering serious momentum with ETF buzz and growing ecosystem strength.
LINK is backed by institutional support and surging on-chain utility.
ADA is showing strong fundamentals with governance upgrades and rising adoption.