SUI Token Faces 2.68% Dip as 44 Million Unlock Nears, Market Eyes July 2025 Impact
SUIUSDT is currently trading at $2.7744 on Binance, reflecting a 2.68% decline over the past 24 hours. The recent price decrease is primarily attributed to investor caution ahead of the scheduled July 1, 2025 token unlock, which will release 44 million SUI tokens (1.3% of circulating supply) into the market. Historically, similar unlocks have introduced short-term volatility and downward price pressure, as observed in the lead-up to this event. Despite a significant rally in June 2025, where SUI surged 150% to highs above $4.30, the price has since retreated and stabilized below $3.00, with current trading volumes ranging from $770 million to $876 million and a market capitalization of approximately $9.43 billion. SUI maintains a strong DeFi presence with over $2 billion in TVL, signaling ongoing investor interest, but near-term price action remains sensitive to supply changes and broader market sentiment.
ARB Token Surges 17.5% on Robinhood Blockchain Buzz Before Retracing Amid High Volatility
Arbitrum (ARB) experienced significant volatility over the past 24 hours, primarily driven by speculation and optimism related to a potential partnership with Robinhood, following Robinhood’s public confirmation of a new blockchain product built on Arbitrum and a high-profile event featuring representatives from Robinhood, Arbitrum, and Ethereum. This led to a sharp price rally, with ARB gaining up to 17.5% intraday and trading volume surging by over 400%; however, the price subsequently retraced as no formal partnership announcement was made, and traders reacted to broader market volatility.
As of the latest Binance data, ARBUSDT is trading at $0.3399, down 6.31% over the past 24 hours from an open of $0.3628, with a circulating supply of 4.96 billion ARB and market capitalization between $1.69 and $1.80 billion, reflecting high trading activity and ongoing short-term price fluctuations.
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