Sui, XRP Lead Gains as Crypto Market Momentum Mounts
Bitcoin’s surge above $93,000 has triggered a broad crypto market rally, increasing total market capitalization by $250 billion to $3.297 trillion within a week. Altcoins Sui and XRP have gained 16.6% and 10.5% respectively over the past 24 hours. Sui’s rise is driven by renewed risk appetite, strong ecosystem activity, and trends favoring high-throughput Layer-1s. XRP is benefiting from expectations of increased institutional adoption, improving regulatory clarity, and expanded use in cross-border payments. Capital is rotating into various sectors, with AI tokens like Render and Virtuals Protocol soaring over 50% in a week, reflecting a shift toward riskier, future-oriented assets. Market sentiment has shifted from fear to neutral, signaling growing risk tolerance. However, some caution persists, with prediction markets giving only a 17% probability of a full “alt season” starting in the first quarter of 2026.
