How Ethereum’s outflow has boosted SUI’s price, explained

Quick Summary:

Ethereum’s outflows toward Sui Network mark a pivotal shift, as the blockchain ecosystem diversifies amidst rising competition.

The key question is how SUI manages its growth — and whether Ethereum can work to regain lost capital.

The sharp rise in trading volume supported the positive price momentum, driven by investor enthusiasm and increased adoption.

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Article Details

Author / Journalist: Samantha LKM

Category: Crypto

Markets: United StatesMali

Topics: Trading View News 1 Ethereum Social Altcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 03:00:58 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 488 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23564182

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 20 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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