Sui (SUI) has been one of the best-performing cryptocurrencies of the past week as it has delivered gains of 53.8% to investors during the most recent rally.
Market sentiment has improved recently as indicated by the Fear and Greed Index, which has recovered from a record low reading of 15 a couple of weeks ago to 53 at the time of writing as investors moved from “Extreme Fear” to a “Neutral” outlook.
The White House’s recent comments supporting negotiations with China and President Donald Trump’s backpedaling on some hostile comments toward the head of the Federal Reserve have contributed to producing this recent uptick.
However, SUI has outpaced all of its rivals with its stellar performance, as other utility tokens like Solana (SOL) and Ethereum (ETH) have delivered milder gains of 11.3% and 9.5%, respectively.
Trading volumes for SUI have been nearly unchanged today. However, they are still quite high at nearly $3 billion – a figure that accounts for more than a quarter of the token’s circulating supply.
Introducing the Grayscale $SUI Trust
Open to eligible accredited investors.
Learn more about $SUI and see important disclosures: https://t.co/WgCAFA7E8L pic.twitter.com/qGbeJZIXe8
— Grayscale (@Grayscale) April 23, 2025
Yesterday, the asset management firm Grayscale officially launched their Sui Trust – a passively managed vehicle that allows accredited investors (e.g. institutional investors and high-net-worth individuals) to invest in this token.
This vehicle has attracted nearly $10 million from investors already and charges an expense ratio of 2.5% to holders. The SUI Trust should help raise awareness among institutional players about the prospects of this smart contracts platform.
Sui stands to compete against top blockchain projects in this space as it is capable of processing nearly 100,000 transactions per second theoretically – 1.5x more than Solana.
SUI Could Retest Its $5 All-Time High if It Breaks Above This Level
SUI broke above its 21-day exponential moving average (EMA) a couple of days ago with strong volumes and also pushed through two key resistances along the way that probably unlocked significant buying volumes as they likely triggered a short squeeze.
The price has been on a 4-day winning streak with above-average volumes, meaning that buying interest has been quite strong for this altcoin.
The Relative Strength Index (RSI) has now reached overbought levels as it approaches a key resistance at $3.5 per token, where trading volumes have been quite strong.
If bulls manage to push the price above this threshold, positive momentum could accelerate as they enter a low-volume area where they will have a free pass to push the price higher and trigger a wave of FOMO among late buyers.
The combination of a strong EMA breakout with strong trading volumes and a strong surge above the point of control suggests that the bear market is over for SUI. This means that the token could keep rising in the next few months, possibly toward the $5 level again.
As altcoins and meme coins make a strong comeback, the best crypto presales of the year like MIND of Pepe (MIND) stand to gain.
MIND of Pepe (MIND) Surpasses $8M Raised as Meme Coins Recover
MIND of Pepe (MIND) is an AI agent token designed to capture the attention of users across social media platforms like X to collect valuable insights that token holders can use to improve the performance of their crypto investments.
The agent will build its influence by interacting with high-profile accounts primarily and discussing interesting topics about meme coins and other social trends.
The most relevant information it gathers from these conversations will be passed on to $MIND holders so they can take advantage of new opportunities in the marketplace before others.
In addition, the agent can launch its own meme coins and capture the public’s interest in certain topics, images, or trends and it can also give $MIND investors privileged seats at private sales to reap the highest returns once these tokens are offered to the general public.
To buy $MIND and take advantage of this token’s discounted presale price, head to the MIND of Pepe website and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to make your investment.
