Sui (SUI), currently ranked 14th among global cryptocurrencies by market capitalization, continues to solidify its position as one of the most promising Layer 1 blockchains. Developed by Mysten Labs, the network uses the Move programming language and an object-centric model, enabling parallel execution and transaction finality in under one second.
Scalability and Adoption
With the ability to process over 297,000 transactions per second and an average finality time of just 400 milliseconds, Sui has already handled more than 11 billion transactions and hosts around 183 million active accounts. Its high performance is attracting developers from gaming, DeFi, e-commerce, and NFT sectors, who benefit from low latency and competitive costs.
Growing Institutional Demand
Swiss bank Sygnum has begun offering regulated custody, trading, staking, and collateralized lending services with SUI for institutional clients. This move represents a significant step toward boosting liquidity and integrating the asset further into traditional finance.
Optimistic Outlook
Analysts highlight the $3.50 support level as a key area to maintain bullish momentum. Forecasts from CoinPedia suggest that SUI could reach $7.01 by the end of 2025, and in a more optimistic scenario, surpass $23 by 2030, driven by increased institutional adoption and potential ETF integrations.
Combining high technical performance with growing interest from major players, Sui positions itself as a project with strong potential heading into the next market cycle.
source: Sygnum, Crypto Economy, Blockchain News, CoinPedia
