Solana’s Surge in Activity, SUI Set for Volatile Period, and Cold Wallet Emerges as a Leader

The layer-1 blockchain market is experiencing renewed interest, with Solana (SOL) showing signs of recovery. While the price of SOL has surged past $4,500, its growth isn’t solely driven by speculation. Solana is seeing activity surge across decentralized exchange platforms, and key technical developments suggest a potential breakout above $200. Meanwhile, SUI, another layer-1 blockchain project, is on track for significant price volatility with a major unlock event of nearly $200 million in tokens. Experts anticipate market direction will depend on how the influx of supply is digested.