Ethereum News Today: Institutional Bet Shifts: ADA and SUI Lead, SHIB Struggles, XYZ Remains a Gamble

Big Money Continues Stacking These Cryptocurrencies – Here’s How Far ADA, SUI, SHIB & XYZVerse (XYZ) Price Soars If…

The cryptocurrency market remains a focal point for institutional and retail investors, with several tokens capturing significant capital flows. Amid broader volatility and divergent market performance, Cardano (ADA), Sui (SUI), Shiba Inu (SHIB), and XYZVerse (XYZ) are drawing attention for their price dynamics and underlying fundamentals. While ADA and SUI show signs of strong institutional support, SHIB’s price remains in a bearish phase, and XYZ’s potential remains speculative.

ADA, the native token of the Cardano blockchain, has maintained a bullish trajectory, supported by its research-driven development and recent upgrades. The token has demonstrated resilience against broader market corrections, with a 7% pullback following a rejection at $4,800. However, it remains above the $4,000 psychological level, a critical support that traders are monitoring closely. Analysts suggest that if ADA holds this level, it could retest its all-time high of $4,868 in late August or early September, potentially opening the door to price targets above $6,000. The 3-day MACD remains bullish, and on-chain data indicate growing buy pressure, suggesting a favorable environment for further upward movement.

SUI, the token of the Sui blockchain, has emerged as a high-performance Layer-1 solution tailored for scalable Web3 applications. The token has experienced notable institutional backing, with treasury firms and regulated banks increasing their holdings. In August 2025, Mill City Ventures added $20 million in SUI to its treasury, and Swiss bank Sygnum expanded its custodial and trading services for the token. These developments have coincided with increased DEX volume and DeFi total value locked (TVL), which rose 44.3% quarter-on-quarter to $1.76 billion. Despite a recent 4% price drop, SUI remains up 239.6% year-to-date, outperforming most Layer-1 competitors. Institutional activity and growing developer adoption position SUI as a strong candidate for continued appreciation, provided the broader market remains supportive.

Shiba Inu (SHIB), the Ethereum-based meme token, has seen a more challenging year. The token has underperformed compared to other meme coins, with a 21% price decline in the past two weeks and a 18.65% drop over the last 12 months. SHIB’s market cap currently stands at $7.33B, with a 24-hour trading volume of $145.91M. The token’s circulating supply remains at 589 trillion, and while the ecosystem has launched Shibarium—aimed at improving scalability—price action has been weak. Recent data indicate that SHIB’s exchange reserves have hit monthly lows, and whale activity suggests accumulation. However, bearish indicators like the Chaikin Money Flow (CMF) and EMA crossover remain in play, signaling potential for further price compression unless significant support levels hold.

XYZVerse (XYZ), a newer entrant to the crypto space, remains speculative, with no clear metrics or institutional backing yet. The token has not been mentioned in the provided data, but as a high-growth project, it could see interest if the broader market rebounds. XYZ’s potential relies heavily on its underlying ecosystem development and token utility. Investors are advised to approach XYZ with caution, as its price movement is likely to be highly volatile and influenced by macro trends rather than fundamentals.

The broader market context plays a crucial role in how these tokens perform. Ethereum (ETH), for example, has seen a 7% weekly loss after being rejected at $4,800, but it remains above $4,000. Binance Coin (BNB) recently reached a new all-time high at $883 before entering a pullback phase. Ripple (XRP) has underperformed, with a 9% weekly loss and a breakdown below the $3 level. These movements reflect the overall bearish sentiment, which could delay or suppress price action for ADA, SUI, SHIB, and XYZ.

For investors, the key will be monitoring institutional activity, on-chain metrics, and macroeconomic factors. SUI and ADA appear to have stronger fundamentals and ecosystem support, making them more likely to outperform in a market recovery. SHIB, while facing headwinds, could experience a rebound if support levels hold and whale activity intensifies. XYZ remains a speculative bet, with its success dependent on future developments and market conditions.

Source:

[1] SHIBA INU Price, SHIB Price, Live Charts, and Marketcap (https://www.coinbase.com/price/shiba-inu)

[2] SUI Price, SUI Price, Live Charts, and Marketcap (https://www.coinbase.com/price/sui)

[3] Crypto Price Analysis August-22: ETH, XRP, ADA, BNB ... (https://cryptopotato.com/crypto-price-analysis-august-22-eth-xrp-ada-bnb-and-hype/)

[4] Top Crypto to Buy Now: BlockDAG, Stellar, Sui & Cardano ... (https://crypto-economy.com/top-crypto-to-buy-now-blockdag-stellar-sui-cardano-are-poised-for-big-gains/)