What Is $SUI ?
Sui is a layer-1 blockchain optimizing for low-latency blockchain transfers. Its focus on instant transaction finality and high-speed transaction throughput make Sui a suitable platform for on-chain use cases like games, finance, and other real-time applications. Suiâs smart contracts are written in Move, a Rust-based programming language that prioritizes fast and secure transaction executions.
Suiâs âhorizontal scalingâ is achieved through a process called âtransaction parallelization,â allowing âparallel agreementâ across different, independent types of transactions. Thanks to the organization of data as independent objects, transactions that are independent of one another are validated by Sui nodes via byzantine fault-tolerant proof-of-stake (PoS) consensus mechanism.
Price Prediction for December 2024
According to the technical analysis of $SUI prices expected in 2024, the minimum cost of Sui will be $2.45. The maximum level that the SUI price can reach is $3.76. The average trading price is expected around $3.38.
Sui Price Prediction 2025
After the analysis of the prices of Sui in previous years, it is assumed that in 2025, the minimum price of Sui will be around $7.909. The maximum expected SUI price may be around $10.89. On average, the trading price might be $8.87 in 2025.
