SUI Coin Price Predicted to Fly 150%, Here's Crypto Expert Prediction

Bittime - Sui, a first-tier blockchain platform, has experienced a tremendous price surge, attracting the attention of investors and analysts. 

Its innovative approach to scalability and security has positioned it as a potential competitor in the emerging blockchain ecosystem. The question on everyone's lips is: Can this momentum last, and what lies ahead for Sui prices?

Strong SUI Price Performance

Currently, the price of SUI is at $0.8899, with trading volume in the last 24 hours reaching $1.38 billion. Although the value of this coin fell by about 5% in a day, this drop is considered a normal fluctuation in an upward trending market. Therefore, this is not a worrying event.

With a market capitalization of $2.3 billion, SUI controls 0.10% of the crypto market. While the numbers seem small compared to industry giants like Bitcoin or Ethereum, they show SUI's huge potential as a new competitor in the market.

Read also: Latest Sui Coin (SUI) Price Prediction, Will This Coin Continue to Rise?

SUI Price Technical Analysis

Crypto experts, such as Carter, take an optimistic view of SUI. According to Carter, SUI recently managed to break out of a descending triangle pattern, which is a bullish signal that prices will increase. 

Carter estimates that if the current trend continues, SUI could reach a price of $2.60, or an increase of about 150%. This prediction is based on SUI's resilience and potential price increases in the short term.

SUI Technology Advantages

Apart from the price, the technology behind the SUI network also attracts attention. The Layer 1 architecture of this platform is capable of processing 297,000 transactions per second (TPS) with transaction finality in just 390 milliseconds. 

This speed far surpasses most of its competitors, including Solana.In recent trials, SUI was proven to be six times faster than Solana, making it one of the fastest in the DeFi space. 

It is no surprise that the SUI network currently ranks third among non-EVM chains by Total Value Locked (TVL) and in the top 13 by DeFi volume.

Conclusion

With strong price performance and advanced technology, SUI is predicted to continue to show significant growth. If this prediction proves correct, SUI's price could soar by up to 150%, making it one of the crypto coins to watch out for in the future.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.