SUI The Rising Star: Analyst Foresees Over $25 Breakthrough

Name	Symbol	Market	Market Cap ($)	Algorithm
TRON	TRXUSD	Crypto	21,541,213,739	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

TRON

TRXUSD

Crypto

21,541,213,739

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	0.00049	0.20%	0.24875	0.248523	0.248607

Price Change

Price Change %

Current Price

Bid Price

Offer

0.00049

0.20%

0.24875

0.248523

0.248607

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.249054	0.24826	0.24826	0.24826	0.077142 - 0.449994

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.249054

0.24826

0.077142 - 0.449994

Exchange	Last Trade	Size	Trade Price	Currency
KRKN	00:08:03	436.75	0.24875	USD

Exchange

Last Trade

Size

Trade Price

Currency

KRKN

00:08:03

436.75

0.24875

USD

Price x Volume	Volume	Base Symbol	Related Pairs
2,151.34	8,649.01	TRX	TRXEUR	TRXGBP	TRXBTC

Price x Volume

Volume

Base Symbol

Related Pairs

2,151.34

8,649.01

SUI The Rising Star: Analyst Foresees Over $25 Breakthrough

20/12/2024 12:30pm

NEWSBTC

Sui Network, the layer-1 blockchain, has gained interest in the cryptocurrency space due to its excellent performance and speed. Since its launch in May 2023, Sui quickly positioned itself as a huge player in the blockchain platform sphere, especially in real-time applications such as gaming and DeFi. Related Reading: Solana Poised For Growth In 2025 With Record $173 Million Q3 Funding—Report SUI: Surge In Popularity The expanding user base and market performance of SUI reflect a rise in interest. Lately, the price of the altcoin attained an unprecedented peak of nearly $5. Analysts predict that the coin may see further appreciation, potentially attaining $5.10, or even $6, by year-end. Sui’s unique design lets it handle up to 300,000 transactions per second, making it faster than blockchains that process transactions one by one. This speed appeals to both users and developers. Several elements also contribute to this impressive feat, among them the introduction of new features like cross-chain USDC transfer protocols that improve the liquidity and use of the platform. Currеntly trаding аt $3.80, SUI is supportеd by robust dеvеlopmеnts thаt could push the altcoin’s pricе еvеn highеr. Analysts’ Favorable Forecasts Leading experts have given Sui (SUI) positive predictions for the future, which shows that they have a strong belief in its potential. “JoshuaOrhue.sui” said on December 15 that “$SUI will attain $15 by the first quarter of 2025.” $SUI is one altcoin I think could outperform the many others: $25+ is very achievable pic.twitter.com/iwW2MSvrxN — Greeny 🇦🇺 (@greenytrades) December 18, 2024 According to this forecast, market analysts are growing more sure of Sui’s potentials. “‘SUI is an altcoin I believe has the potential to surpass many others: $25+ is quite attainable,” another analyst, Greny, stated. These forecasts reveal that people’s optimism on the expansion possibilities of the token is rising. Impressive Growth Analysts predict that the token could hit $25 by the end of the year. This remarkable growth is attributed to several factors, including the launch of new features like cross-chain USDC transfer protocols that enhance liquidity and usability on the platform. With these developments, Sui is becoming increasingly appealing to both retail investors and crypto whales looking for undervalued assets. Related Reading: The $589 XRP Dream: Believers Aren’t ‘Delusional’ Enough, Expert Says This update raises ecosystem value. The coin’s future seems bright given improved technology and an increasing user base. Analysts think constant transaction activity might raise the value of the cryptocurrency. Consequently, the blockchain project has become rather important since it encourages consumer acceptance and innovation by means of pushing technologies. Investors are closely keeping an eye on this altcoin, and the forecasts of analysts such as Joshua Orhue and Greny provide the market a clear insight of the growth of SUI. Though it remains to be seen whether these forecasts come true, Sui keeps attracting interest now as it aims to outperform its rivals in the cutthroat blockchain market. Featured image from ChainWire, chart from TradingView

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

TRXUSD TRON