SUI Price Drops 18% to $2.87, Cardano Falls 25% to $0.65 as Crypto Market Confronts Heightened Volatility

The cryptocurrency market confronts heightened volatility, with SUI price plummeting 18% to $2.87 and Cardano falling 25% to $0.65 over recent weeks.

The cryptocurrency market continues to experience heightened volatility, with some altcoins facing significant price drops.

SUI Price Drops 18% as Token Unlock Event Releases $51 Million in Assets

The SUI price has been under pressure in recent weeks, dropping to $3 after a 22% decline over nine days and a 30% decline in 30 days. The broader market downturn and an upcoming token unlock event have contributed to the sell-off.

According to data from CoinMarketCap, the SUI token’s last unlock event occurred on December 21, 2023, releasing 64 million SUI tokens (around $51 million at current prices) into circulation. Typically, such unlocks trigger short-term sell-offs as investors cash out their holdings.

However, the SUI price could stabilize if critical support at $3.69 (highlighted by a Fib retracement level) manages to hold traders at bay. Notably, the token price failed to hold this support level.

Despite the recent price decline, some analysts remain bullish on SUI. For example, VanEck projects the SUI price could rebound to $16 by late 2025, contingent on network adoption and ecosystem growth.

The downward trajectory mirrors challenges across altcoins. For instance, Cardano has also struggled despite rising ADA ETF optimism. While the SUI price volatility underscores the market fragility, AI-driven platforms like IntelMarkets mitigate risks through adaptive trading mechanisms, positioning themselves as potential stabilizers in uncertain conditions.

Cardano Price Drops 25% Despite Growing Speculation Around Potential ADA ETF

Cardano’s price has also been under pressure, despite the optimism around a potential ADA ETF. The token price dropped by 35% over the past month.

In early February, Tuttle Capital applied for a 2x leveraged Cardano ETF, aiming to provide investors with exposure to double the daily performance of ADA. If approved, the ETF could be a major win for Cardano, following the approval of ProShares’ Bitcoin ETF.

After the Bitcoin ETF drove the BTC price to new all-time highs, several ADA investors hoped for a similar outcome. However, skepticism persists as synthetic ETF structures may prioritize speculation over ecosystem growth, ultimately leading to short-term ADA price swings without fundamental improvements.

According to Polymarket, traders are giving the ADA ETF a 54% chance of approval. However, the skepticism is palpable. Notably, Cardano’s Midnight zk-rollup launch and integration with the Bitcoin network could strengthen the case for the ETF.

Currently, the ADA price trades around the $0.95 level, with traders closely watching the ADA ETF narrative unfold.

Meanwhile, the leveraged ETF mechanism relies on synthetic exposure, which risks decoupling the price action from Cardano’s real ecosystem health. While Tuttle Capital’s proposal could amplify daily trading volumes, it bypasses network participation metrics like developer activity or decentralized application growth.

This divergence is evident in ADA’s current $0.70 valuation, which remains 45% below January highs despite the ETF optimism. It highlights the challenge of translating financial products into sustainable blockchain adoption. Analysts caution that without parallel advancements in real-world utility, ADA ETF-driven gains may be short-lived compared to projects integrating AI and institutional infrastructure.

AI-Powered Trading Systems Redefine Market Stability for 2025

As traditional assets falter, IntelMarkets showcases how AI addresses crypto volatility. Their Intelli-M™ bots analyze 100,000+ data points to automate strategies, adapting to real-time SUI price fluctuations and ADA ETF developments. This infrastructure processed $8 million in presale funding, leveraging dual-chain Ethereum/Solana compatibility to optimize transaction speeds during market turbulence.

Studies indicate that AI trading reduces execution errors by 80% and improves portfolio returns by 30%, a critical advantage as SUI price and Cardano face macroeconomic pressures. IntelMarkets’ 1000x leverage and sentiment analysis tools further empower traders navigating ADA ETF uncertainties, positioning INTL as a top crypto to invest in for exposure to AI-DeFi convergence.