Altcoin Volatility Alert: Sui, Aptos, Sei, TIA, and INJ to See Sharp Price Swings
The crypto markets have shown some relief in recent times, but several altcoins are expected to experience higher volatility in September. Macro uncertainty, token unlocks, and shifting risk appetite are contributing factors to these sharp price swings.
Sui (SUI) is one such asset that has been consolidating within a tight range after pulling back from its local highs at $0.95. The current price is around $0.7, with a scheduled unlock adding supply pressure. However, a recent Switchboard oracle compromise affecting Sui DeFi protocols has weighed on sentiment.
Aptos (APT) also faces a scheduled unlock in September, where nearly 14.36 million APT tokens worth $7.4 million will be released, representing about 1.8% of its market cap. The APT price has been forming consecutive lower highs and lows while holding above the support around $0.5.
Sei (SEI) staged a strong upswing in August, attracting more than 25% gains, but failed to clear the $0.05 resistance zone. Despite the pullback, SEI remains strong above the $0.045 support, with trading volume surging to over 76 million SEI.
Celestia (TIA) faces continued supply additions in September, with daily releases of around 344,924 scheduled through the early part of the month. This makes absorption an important factor for price. TIA remains a high-beta altcoin, and a breakout above $0.048 with strong volume could produce a strong upswing.
Injective (INJ) has a more fundamental catalyst to watch in September, which is the planned migration to native USDC to improve liquidity and ecosystem activity. Injective also operates a token-burn mechanism; September's community buyback was valued at over $168,000.