Want to know why the *SUI* token exploded? 🚀

Then follow the 2-minute reading below

🟢 $SUI is the native token of #SuiNetwork (blockchain), Layer 1, whose metrics have shown an above-average performance compared to the others.

🟢 Considering the network's lifetime, it is possible to see that #SuiNetwork has very positive numbers of users and on-chain transactions, when compared to other first-layer networks, up to 2 years old.

🟢 In addition, it is known that the crypto market loves novelties. During previous bull cycles, a new layer 1 blockchain always stood out, causing the respective native token to appreciate highly.

🟢 In 2014/15, we had #ethereum , with the consequent explosion of $ETH .

In 2017, it was the turn of #bsc (Binance Smart Chain), with the consequent explosion of BNB.

In 2020/2021, it was the turn of #solana , with the consequent explosion of the token $SOL , going from a few cents to $260 USD, at its all-time high, something around +8,000%.

🟢 In the current bull cycle, 2024/2025, it has not yet been revealed which Layer 1 will be the highlight. However, according to its numbers, SuiNetwork is the main bet of investors.

🟢 For this reason, there has been a recent explosion in the SUI token. Investors are buying it, betting that the token will appreciate by more than 1,000%, repeating previous cases.

🟢 However, even if it appreciates by half of this amount, +500%, it would be enough to make many millionaires.