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Crypto Price Today (July 5): SOL, SUI Eye Bullish Breakout, DOGE and XRP Hold Gains

Crypto Price Today (July 5): SOL, SUI Eye Bullish Breakout, DOGE and XRP Hold Gains

2025/07/05 17:10
By:

The crypto market is steady as investors are resting on the weekend. Right about now, the market is just consolidating sideways with major cryptocurrencies seeing a rise and drop of no less than 1%. However, next week looks promising as bullish patterns are forming on some coins.

After a bearish turn, Bitcoin price is back above $108,000, gaining 0.50% today. Also, Ethereum’s price rebounded and reclaimed the $2,500 level with a gain of 0.88%.

Solana (SOL) Eyes Breakout Toward $226

SOL, the native token of the SUI Blockchain, has seen much active performance over the past week. In the last 7 days, the token has only surged by a modest 0.75%. At the time of writing this report, the coin is trading for $147.94, after hitting a weekly high of $158 on Monday, June 30, 2025.

Its trading activity has also reduced, mainly due to the drop in momentum as per the weekend. Now, its trading volume has dropped 32%, that is in the last 24 hours, with a market capitalization of $79.22 billion, according to CoinMarketCap.

Crypto Price Today (July 5): SOL, SUI Eye Bullish Breakout, DOGE and XRP Hold Gains image 0 Solana SOL Price Chart | Source: CoinMarketCap

However, the price action that is playing out on the daily time frame looks promising. Currently, SOL price is in a downtrend, creating a series of higher highs and lows. But it’s also forming a bullish flag pattern is the way. This usually suggests that a surge might be coming. If the price breaks out of the pattern, there could be a 53% surge to target $226 or even higher. This is calculated based on the last surge from a previous breakout that happened on April 11, 2025.

Crypto Price Today (July 5): SOL, SUI Eye Bullish Breakout, DOGE and XRP Hold Gains image 1 SOLUSD Daily Price Chart | Source: TradingView

SUI Gears Up for a Potential 83% Rally

SUI, the native token of the SUI Blockchain, saw a 5.49% surge in its price this week. This is unlike SOl. Currently, the price is trading for $2.90. This is backed by the 0.41% rise recorded in the last 24 hours, with a 28% drop in trading volume to $575 million. 

Meanwhile, the SUI shared the same price action as SOL. On the Daily chart via TradingView, SUI is also eyeing a bullish breakout from that pattern that has been forming through a downward consolidation since May 6, 2025. This started after a previous breakout in April from a similar bullish flag pattern. If the price breaks out, it could surge towards $5.4, which is 83% and more realistic cause liquidity lies in the swing high.

DOGE and XRP Holds Steady as Weekend Volume Drops

Dogecoin is also holding steady, up just 0.03% in the last 24 hours. Currently, the price is at $0.1630, down from an intraday high of $0.1640, with a 25% drop in its trading activity to $655 million in volume. XRP, the native token of Ripple is up 0.5% from a daily low of $2.19 to now trading at $2.22. 

Crypto Price Today (July 5): SOL, SUI Eye Bullish Breakout, DOGE and XRP Hold Gains image 2

DOGE Price Chart | Source: CoinMarketCap

Trending Cryptos Today

  • Bonk (BONK) 
  • Build On BNB (BOB)
  • Degen Spartan AI (DEGENAI)
  • CARV (CARV)
  • Livepeer (LPT)
  • Audius (AUDIO)
  • Safe (SAFE)

Top Gainers & Losers Today

Gainers Losers
Bonk (BONK): +11.41% Injective (INJ): -3.27%
SPX6900 (SPX): +4.69% Celestia (TIA): -2.99%
XDC Network (XDC): +4.56% Immutable (IMX): -2.82%
Hyperliquid (HYPE): +3.42% Stacks (STX): -2.16%
Aave (AAVE): +3.03 GateToken (GT): -2.14

Crypto Market Cap Overview

Because of the drop in trading activity, the overall market cap is holding steady at $3.32 trillion. However, this is a 0.24% increase from the previous day, but with a 19% drop in trading volume to $77 billion recorded, according to CoinMarketCap .

In addition, about 46,844  were liquidated in the last 24 hours. This resulted in about $79.8 million lost in the market. According to data from Coinglass , $48.36 of the fund came from traders who had bet on long positions, while $31 million came from short positions.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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