🔍 What Is Haedal Protocol (HAEDAL)?

Haedal Protocol is a liquidity staking platform built on the Sui blockchain. It enables users to stake their SUI tokens to earn rewards while retaining the ability to utilize these staked assets in other decentralized finance (DeFi) activities.

📈 Current Market Data (as of May 23, 2025)

• Price: Approximately $0.1736

• Market Cap: Around $33.85 million

• 24-Hour Trading Volume: Approximately $252.68 million

• Circulating Supply: 195 million HAEDAL (19.5% of the total 1 billion supply)

• All-Time High: $0.2234

• All-Time Low: $0.0815

• Trading Pairs on Binance: USDT, USDC, BNB, FDUSD, and TRY

🚀 Recent Performance & Volatility

Since its listing on Binance on May 21, 2025, HAEDAL has exhibited significant volatility:

• Experienced a rapid surge from $0.1031 to $0.2263, marking a +119% increase in a single trading session.

• Currently stabilizing around $0.1736, indicating a correction after the initial spike.

📊 Technical Analysis & Price Predictions

Analysts have provided the following insights:

• Support Zone: $0.1780 – $0.1860

• Immediate Resistance: $0.2263 (24-hour high)

• Short-Term Targets:

• TP1: $0.2390

• TP2: $0.2570 

Some forecasts suggest that, with sustained momentum and buying pressure, HAEDAL’s price could reach $0.31 in the short term. However, if selling pressure increases, the price might drop below $0.15.

⚠️ Risk Considerations

• Seed Tag: HAEDAL is listed with a “Seed Tag” on Binance, indicating it’s a relatively new project with potential higher volatility.

• Token Release Schedule: Currently, only 19.5% of HAEDAL tokens are in circulation. Future token releases could impact the price.

• Market Sentiment: The token has garnered significant attention on social media platforms, with communities like #HAEDALARMY promoting its potential.

📌 Conclusion

HAEDAL presents an intriguing opportunity in the DeFi space, especially for those interested in liquidity staking on the Sui blockchain. However, given its recent launch and associated volatility, potential investors should exercise caution and conduct thorough research before participating.

If you need further details or have specific questions about HAEDAL or other cryptocurrencies, feel free to ask !