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- Pi Coin has surged over 100% in the past week, recovering from a prolonged correction period amid broader altcoin market recovery.
- Sui (SUI) has gained 84% over the last 30 days, supported by rising on-chain activity, institutional inflows, and partnerships like 21Shares.
Several altcoins have recently surged massively, with Pi Coin (PI), Sui (SUI), and Fartcoin (FARTCOIN) among the top gainers. These tokens are showing renewed bullish momentum with a surge in trading activity and investor attention. Let us take a closer look at their present performance and future resistance zones.
Pi Coin Price Analysis
The PI token has been experiencing a sharp recovery after the prolonged correction phase which had the PI trade under 1$ from the 21st of March to the 11th of May. The recent rally that has seen PI increase more than 100% over the past week has come at the back of anticipation with a major update to the Pi Network ecosystem on May 14 among other factors.
Pi Network has recently added to the token’s visibility, ascending into sixth place among the social-oriented applications in Finland. As reported earlier, mounting market speculation about a possible listing of the altcoin on Binance has driven up interest in the venture.
PI price now seems to be aiming at important levels at $1.79 and $2. But it still stands 127% below the all-time high achieved on February 27, which means that there’s plenty of room for upside.
Sui Price Prediction Today
Altcoin SUI has become one of the best Layer 1 assets that offer a 30-day growth of 84% and a 7-day rally of 20%, as mentioned in our previous report. This was the first break of the $4 threshold that the token made since the 31st of January supported by rising on-chain activity and strong institutional appetite.
It’s reporting more than 1 million new wallet creations every day and more than 80% of the active addresses are from new users. The decentralized exchange (DEX) volume has remained above $500 million. Whilst, the stablecoin market cap that is totaled on SUI networks now stands at $885 million.
Growing meme coin presence and a recent partnership with an investment firm, 21Shares, have also added to the interest. Sui has seen the third-largest institutional inflows recently. It overtook Solana in the race, implying massive capital flowing into its ecosystem. Technically speaking, the next price barriers to watch for the altcoin are then at $4.24 and $4.75. Here, a breakout can lead to a new all-time high at $5.30. SUI price is currently 28% below its peak.
What’s Next For Fartcoin Price?
Fartcoin price was able to rally much higher than its meme coin opponents, as a 600% hike came into play between 10 March and 12 May. Although there was general feebleness for the altcoin market at that stage, FARTCOIN went on the rise, becoming the sixth-largest meme coin by market cap and knocking out coins such as WIF, FLOKI and BRETT.
The bullish trend for the altcoin is still on as the coin has posted a 31% gain during the week past. Resistance levels are as follows: $1.61, $1.98. Meanwhile, the $2 level is viewed as a psychological and technical barrier. Breaking above $2 would be its first since January and would need a 86.5% move up to test its ATH.
