Solana (SOL) and Sui (SUI) cryptocurrencies have shown notable price increases over recent days, with SOL rising from $195 to $211 and SUI climbing from $3.66 to $3.82. Bitcoin (BTC) and Ethereum (ETH) prices were also reported at $114,500 and $4,930 respectively. Sui has experienced substantial network activity, processing 11 million transactions in the past 24 hours, and its decentralized exchange (DEX) volume reached $10 billion in August, indicating strong user engagement. Technical analysis of SOL suggests it has touched the top of a triangle pattern, targeting a price of $233.44. Market commentary highlights SOL's performance as aligned with ETH despite ETH reaching new all-time highs, with some analysts suggesting the SOL/ETH ratio may have bottomed. Overall, the data points to positive momentum and increased trading activity in these cryptocurrencies.
timeline is bullposting eth and hype (justified) but underpricing sol all 3 have the reflexive capacity to send over the next couple of months
SOL/BTC ratio holding strong https://t.co/XQ8BOvwOrG
🔥 Which altcoin are you more bullish on: $SUI or $SUPRA? https://t.co/VUD3zpQjru