ASTR:
Astar Network (ASTR) is positioned as a key player in driving global adoption and delivering web3 technology to a broad user base. Recently, the project announced a major milestone on its official X account, revealing that it currently has over 650,000 ASTR holders. This statistic highlights Astar Network’s rapid acceptance within the Web 3.0 ecosystem.
Additionally, to complement this achievement, the total number of ASTR tokens staked in projects within its ecosystem has exceeded 3.4 billion. Additionally, Astar has only 5.5 billion ASTR in circulation, according to Coincodex data. The update resulted in a positive change in the price of ASTR; the coin is trading at $0.1798, up 7.51% in the past 24 hours.
Likewise, ASTR is up 19.21% on a weekly basis, ranking among the market’s best-performing altcoins. Additionally, ASTR saw a price increase of 328% last year, outperforming 90% of the top 100 cryptocurrencies. Astar Network attributes its success to its growing community and widespread adoption.
Additionally, Astar Network is preparing for a major rebranding initiative: Astar 2.0. The project aims to enhance network capabilities, with further adoption expected in line with its long-term growth goals.
Astar Network, on the other hand, has achieved important milestones in terms of user adoption and token staking within its ecosystem. Positive market reaction and a major rebranding plan have positioned ASTR as the next explosive cryptocurrency.
SUI
Sui (SUI), a layer 1 (L1) blockchain developed by the team behind Meta’s Diem stablecoin project, recently achieved a major milestone with a 2000% surge in total value locked (TVL) to over $300 million . The Sui (SUI) ecosystem has seen a significant increase in protocol adoption, with an influx of new projects. Notable achievements include bridging USDC worth over $100 million, processing a record number of transactions in a single day, and demonstrating high transaction rates without network outages or fee spikes.
Sui (SUI) is currently trading within a price range of $0.86 to $1.5. The 10-day moving average is $1.20 and the 100-day moving average is $1.03. The coin has established support at $0.47 and faces resistance at $1.75 and $2.39.
The significant increase in TVL and the growing popularity of the Sui (SUI) ecosystem points to a positive outlook – the altcoin’s ability to maintain a stable network with high transaction rates may attract more users and developers, potentially driving prices higher. However, the resistance levels at $1.75 and $2.39 may pose challenges. Overcoming these levels could signal further growth, while failure to do so could lead to price consolidation or a pullback.
XI
Xai (XAI) has experienced a significant price increase recently, rising by more than 50% after the airdrop gained popularity and landed on major exchanges. Cooperation with well-known companies such as BNB has significantly increased its market influence, while listing on multiple exchanges has also increased the buzz around its mainnet launch and increased trading volume.
Xai (XAI) is currently trading within a range of $0.93 to $1.124, and it has a 10-day SMA of $0.87 and a 100-day SMA of $0.97. Support is found at $0.67 and $0.85, while resistance is found at $1.22 and $1.41.
Looking ahead, Xai (XAI) is showing promising signs of growth given its recent developments, the buzz generated by airdrops, and new listings on leading exchanges. Combining gaming with blockchain technology, Xai’s (XAI) platform-sharing strategy is set to succeed even in a tough crypto market. However, while this combination shows promise, volatile cryptocurrency markets and intense gaming competition could affect Xai's (XAI) trajectory.