August 4 Crypto Rally: SUI Hits $3.47, XLM Jumps 9%, LINK and BCH Climb

$SUI (Sui) is trading at $3.47, up about +2.1% today.

$XLM (Stellar) is at $0.4120, gaining roughly +9.4% intraday.

$LINK (Chainlink) sits at $16.59, with a gain of about +4.1% today.

BCH (Bitcoin Cash) is at $549.89, climbing by about +3.6%.

SOL (Solana) is around $162.01, up +1.08% today.

USDT (Tether) remains pegged at $0.99999, virtually unchanged.

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SUI (Sui)

Institutional interest is picking up—Nasdaq-listed Mill City Ventures announced a $450M placement to acquire SUI for its crypto treasury . Additionally, the token continues to attract inflows, with last week bringing $11.7M, compared to $3.3M outflows from Solana . Technically, SUI has recently bounced off support (~$2.58‑2.60) and currently trades in the $3.4‑3.5 range, showing improved momentum .

LINK (Chainlink)

Chainlink is seeing strong momentum, up ~8.4% in the last 24 hours, trading above $26 resistance earlier in Q2 with speculation of targets up to $30–36 given bullish RSI readings . Its current price (~$16.59) reflects it may have cooled off after that rally, but still shows solid recovery potential.

XLM (Stellar)

XLM is the day's standout performer with nearly +9.4% gains. Although we don't have the latest breakdown on what triggered the move, Stellar is frequently responsive to broader market sentiment and on-chain activity shifts. It’s worth watching for news catalysts or pairing setups.

SOL (Solana)

Solana is up modestly at +1.1%. Meanwhile, SUI continues to outperform Solana in institutional flows and daily on-chain growth—even as Solana still leads in TVL and raw volume .

BCH (Bitcoin Cash)

BCH is steady, up +3.6%, following broader altcoin strength. No major news surfaced today, suggesting standard market recovery momentum or rotation.

USDT (Tether)

As a stablecoin, USDT remains at parity with the USD, unchanged and stable at $1.00.