Why Solana, Cardano, and Sui Were Up Big This Week
Altcoins were hot this week as investors poured back into the crypto market after a major sell-off early in April.The biggest move came from Sui (CRYPTO: SUI), which has been gaining momentum from users this year, and jumped 68.4% this week. Solana (CRYPTO: SOL) was up 13% on the week, Cardano (CRYPTO: ADA) was up 14.8%, and Avalanche (CRYPTO: AVAX) popped 17.6%.It's hard to discuss crypto trading without acknowledging the impact that market dynamics and trade volatility are having on the value of assets. When President Donald Trump announced tariffs earlier this month the market tanked because of the negative impact they could have on global trade and economies all around the world.Continue reading
Altcoins were hot this week as investors poured back into the crypto market after a major sell-off early in April.
The biggest move came from Sui (CRYPTO: SUI), which has been gaining momentum from users this year, and jumped 68.4% this week. Solana (CRYPTO: SOL) was up 13% on the week, Cardano (CRYPTO: ADA) was up 14.8%, and Avalanche (CRYPTO: AVAX) popped 17.6%.
It's hard to discuss crypto trading without acknowledging the impact that market dynamics and trade volatility are having on the value of assets. When President Donald Trump announced tariffs earlier this month the market tanked because of the negative impact they could have on global trade and economies all around the world.