Keep Your Eyes on These 3 Cryptos in Early July 2025

Jakarta, Pintu News – While Bitcoin is trying to break through the $107,000 level and fund flows from ETFs are approaching the $50 billion mark, Sui is in the spotlight ahead of its unlock of 5.22 billion tokens on July 1-worth more than $154 million, or about 1.63% of the total supply.

This monthly event, which is scheduled to last until 2030, has been one of the main triggers of price volatility.

Technical indicators are signaling further downside potential as SUI is trading below its 50-day moving average in a descending channel pattern. With the price now approaching the $2 support level, traders should be prepared for significant price movements.

On the other hand, general market sentiment is still mixed, especially as macroeconomic data such as nonfarm payrolls and trade updates from the United States are due soon.

Sonic is also a concern ahead of the release of the latest US nonfarm payroll data scheduled for July 3.

Bitcoin Price Eyeing a Big Breakout

Bitcoin is expected to remain one of the top crypto assets as fund flows to ETFs surge and technical signals point to a potential breakout towards an uptrend.

Read also: 3 Crypto Coins Investors Buy for the Long Term!

The latest data notes that fund flows into Bitcoin ETFs increased by more than $2.2 billion last week-marking the third consecutive week of growth. In total, the accumulated inflows are now close to $50 billion.

Technical indicators show that the Bitcoin price is eyeing a breakout towards record highs, which could potentially happen this week. The chart patterns formed are bullish flag and cup-and-handle, which historically often indicate a continuation of the uptrend.

The distance between the upper and lower sides of the cup pattern is about 30%. If the distance is calculated from the upper side, the price target is around $145,000. This move could potentially trigger the start of a new bull run in the crypto market.

Sui Price Threatens to Drop Ahead of Big Token Unlock

On the other hand, Sui, a leading layer-2 network, will be in the spotlight as the Sui Foundation prepares to unlock 5.22 billion tokens worth over $154 million, or about 1.63% of the total supply.

Sui has a maximum supply limit of 10 billion tokens, with the current number in circulation at around 3.39 billion. Every 1st of the month, more than 55 million tokens are released to the market-a pattern that will last until 2030.

Technically, the price of SUI has dropped below its 50-day moving average and formed a descending channel pattern. As such, prices are likely to remain weak, with traders’ attention on the support level of $2 ahead of the unlock.

Sui itself is a Layer-1 blockchain designed to support decentralized applications(dApps) with low latency and high scalability.

The project was developed by Mysten Labs, a company founded in 2021 by former Meta (Facebook) engineers who were previously involved in the development of the Diem blockchain and its smart contract language, Move.

Sonic Price Prepares for Token Unlock

Sonic (S), formerly known as Fantom, has been on a downward trend, with its token price having fallen by 70.5% from this year’s high.

Read also: Top 4 Altcoins Worth Grabbing in July 2025!

The main trigger for Sonic’s price movement will occur on Thursday, when the network unlocks over $73.7 million worth of tokens, representing 7.50% of the total tokens in circulation.

Currently, Sonic has a circulating supply of 2.88 billion tokens, out of a total supply of 3.17 billion.

On the 12-hour chart (30/6), it can be seen that Sonic’s price has plummeted from this year’s high of $0.9833 to its current position of $0.3166. Recently, the price also broke below the $0.3810 support level – which was the lowest point on April 8 – and remains below its 50-period moving average.

Given this, it is likely that the token price will continue to decline, with sellers eyeing the next support level at $0.20.

Sonic is a continuation of the Fantom Foundation initiative, led by renowned DeFi developer Andre Cronje, and was introduced in early 2024.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Crypto News. Top cryptocurrencies to watch this week: Bitcoin, Sui, Sonic. Accessed on June 30, 2025