Crypto Markets Heat Up: Tokens, XRP, and SUI Defy Gravity – May 22 Price Surge

Digital assets rally as traders shrug off regulatory fatigue—because who needs sleep when there’s volatility to chase?

XRP claws back from SEC battle scars while SUI’s Layer 1 narrative gains traction. Meanwhile, altcoins mimic meme-stock energy.

Bonus cynicism: Another day, another ’institutional adoption’ press release that somehow avoids mentioning price crashes.

Ripple’s (XRP) price accelerates the uptrend to around $2.43 at the time of writing on Thursday, propelled by improving sentiment in the broader crypto market after Bitcoin (BTC) rapidly rallied to new all-time highs at approximately $111,880. Short-term support at $2.40 sits above key demand areas like the 50-day Exponential Moving Average (EMA) at $2.29 and the 100-day EMA at $2.26, reinforcing XRP’s bullish outlook.

Sui’s (SUI) over 60% surge in the last 30 days hangs in the balance after the protocol announced a hack attack on its largest liquidity provider, Cetus. The smart contracts token has reversed the gains on Thursday, down slightly on the day to $3.81 at the time of writing.