The crypto market is still moving dynamically with several assets attracting investors' attention.
Some projects recorded significant price appreciation in a short period of time, while others experienced consolidation due to selling pressure.
In this article, we will discuss five crypto assets that are currently being widely discussed: Story Protocol (IP), Ondo Finance (ONDO), Sui Network (SUI), Ripple (XRP), and Kaito AI (KAITO).
1. Story Protocol (IP)
Story Protocol has managed to attract attention as an artificial intelligence-based project that has experienced rapid price appreciation since its launch.
The project managed to break into the top 10 AI crypto list in a short time, reflecting the high investor interest in innovation in this sector.
Story Protocol currently has a market cap of around $1 billion, with the price having risen 160% in the past week. However, in the past 24 hours, the price has experienced a correction of more than 6%, indicating profit-taking by early investors.
IP/USDT Daily Chart
From a technical analysis, Story Protocol is currently trying to maintain its lower boundary around $3.9, which is an important defensive area for investors.
If the selling pressure continues, the price could drop towards $2.7, but if the buying momentum strengthens again, IP could move up to $5.7 in the next few days.
2. Ondo Finance (ONDO)
Ondo Finance remains a major player in the Real-World Assets (RWA) ecosystem, despite its token price coming under pressure in recent times.
The project has a market capitalization of $3.55 billion, indicating a large scale that still attracts market players.
In the last 30 days, ONDO has experienced a correction of more than 25%, indicating significant selling pressure.
ONDO/USDT Daily Chart
If this price movement continues, there is a possibility that ONDO will test the lower limit around $1. However, if the selling pressure decreases and demand increases, the asset could rise again towards $1.2, with the next target at $1.5 if it manages to get a positive push.
Despite the market still being volatile, adoption of RWA-based assets continues to increase, and Ondo Finance remains one of the most relevant projects in the sector.
Investors are currently waiting and re-researching whether positive price movements can bring ONDO back to higher price appreciation.
3. On Networks (SUI)
Sui Network recorded a significant increase in the number of daily active addresses, reaching 1.4 million, the highest in the past three months. This phenomenon reflects the increasing adoption and demand for the SUI network.
However, on the price side, SUI is under significant pressure. In the past month, the asset has corrected by 23.71%, with the current price movement hovering around $3.2 as its strong lower limit.
SUI/USDT Daily Chart
Despite the pressure, an increase in user activity could be a positive signal for long-term investors.
From a technical perspective, SUI is still trying to hold the lower limit of $3.2. If the buying momentum strengthens again, there is a potential for SUI to break through $3.5 and retest $4 in the next few days.
However, if selling pressure still dominates, the price may return to the previous price area before making further movements.
4. Ripple (XRP)
Ripple is back in the spotlight after an XRP-based ETF proposal officially entered the SEC review process. The move has raised speculation among investors about a potential approval that could drive liquidity and wider adoption.
In the past week, XRP has been in a consolidation that still looks strong with the current price still above $2.7. However, the market is still in a neutral condition, with investors waiting for confirmation of further movement.
XRP/USDT Daily Chart
If the price can stay above $2.7, there is a possibility that XRP could rise again to $3.3 in the next few days.
However, for now, there is still no positive sentiment in the overall movement, unless the SEC suddenly approves the XRP ETF.
5. Kaito AI (KAITO)
KAITO was one of the projects that experienced major fluctuations after the airdrop, with the price increasing by 60% since launch. However, currently, selling pressure is starting to dominate, with the price dropping by 7% in the last 24 hours.
Currently, KAITO is trying to hold the lower limit of $1.43, which is a critical point for investors. If the selling pressure continues, the price could drop significantly with the next target being at $1 if the pressure gets stronger.
KAITO/USDT Daily Chart
On the other hand, if buying momentum strengthens again, KAITO could target $1.6 again, with the possibility of reaching $2 if market sentiment returns to positive.
However, considering the airdrop that is currently taking place, there is a possibility that KAITO will still experience strong selling pressure, so it is better to wait.
Conclusion
The crypto market is still showing strong movement, with some projects experiencing consolidation while others record significant price appreciation.
In the coming weeks, investors will continue to monitor regulatory developments, technology adoption, and global market sentiment to determine their next investment steps.