Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solana Faces Correction as SUI Gains Lead

Solana Faces Correction as SUI Gains Lead

BitcoininfonewsBitcoininfonews2025/08/03 10:30
By:Bitcoininfonews
What to Know:
  • SUI gains on institutional interest; Solana sees resistance.
  • SUI’s price supported by 200-day EMA.
  • Solana active in NFTs, gaming, faces potential correction.
Solana Faces Correction as SUI Gains Lead

SUI has surpassed Solana in market interest early August 2025, fueled by significant institutional investment while Solana contends with potential corrections amid active NFT and DeFi ecosystems.

This shift highlights SUI’s growing allure as institutional involvement strengthens while Solana’s market participants anticipate possible breakout or deeper correction in a dynamic Layer 1 environment.

SUI exhibits strong market performance influenced by substantial institutional investment, gaining momentum as Solana struggles with resistance at key price levels, early August 2025.

Investors eye SUI’s 618% gains YTD with continued bullish potential. Solana reflects potential vulnerability to corrections amid NFT, DeFi engagements.

SUI Surges with 618% YTD Gains

SUI is leading the market due to strong institutional investments marked by Mill City Ventures III’s involvement . The institutional interest significantly drives SUI’s bullish market activity, along with robust ecosystem growth.

Solana Battles Price Resistance Amid Heavy NFT Activity

Solana, led by Anatoly Yakovenko and team, remains a dominant force. Despite high activity in DeFi and NFTs, Solana encounters resistance in its pricing, reflecting market indecision and flattening movements.

“SOL rallied to $203.31 in late July, reflecting a 33% surge in a single month, but is now consolidating around the $177–$200 range, showing market indecision.” – Source: Bankless Times

Institutional Investments Propel SUI, Solana Faces Uncertainty

The empowerment of SUI by institutional backing has indicated positive market transitions, hinting at potential price breakout scenarios. Solana seems poised for corrections or breakthroughs, depending on broader market sentiments.

SUI Mirrors Solana’s Previous Rally Patterns

SUI’s bullish retracements are reminiscent of Solana’s past rallies, where sharp corrections heralded institutional optimism and fresh price rebounds.

If historical patterns prevail, current trends suggest potential for breakouts or further consolidation, depending on institutional flows and upcoming tech advancements within both ecosystems.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!