Bitcoin Price Today, XRP News , and More

Grayscale Research highlights Sui as a rising star among smart contract blockchains. Unlike Ethereum, Sui handles high transaction volumes without needing extra scaling layers. Though it holds just 0.3% market share in Grayscale’s crypto sector, Sui has rapidly grown, reaching $830M in TVL within a year. With a strong TVL-to-market cap ratio of 2.16, Grayscale sees Sui as a serious contender to challenge Ethereum’s dominance.

Over the past three days, Bitcoin has seen a balance between Long and Short positions, with Longs slightly ahead. However, Longs have clearly dominated over the past week. Major liquidation zones are around $89K and below $83K. No matter which way Bitcoin moves next, many traders are expected to face liquidations due to heavy positioning near these key levels.