SUI recently dropped by 3.5%, now priced at 4.35 USD, while the overall cryptocurrency market fell 2%. However, SUI’s significant monthly gain of 21% and impressive annual rise of 495% highlight its resilience.
Analysts are optimistic, comparing SUI to Solana, anticipating prices may reach 4.50 USD by year-end. The network’s total value locked has doubled to 1.7 billion USD since September 2024, indicating increasing market confidence.
SUI is leveraging its partnerships, including one with Revolut, and utilizes the Move programming language. These factors significantly enhance its real-world application prospects and community growth, fueling further interest among investors.