Sui is a cutting-edge, layer 1 blockchain, powered by Proof-of-Stake, that provides high-speed transaction settlement and accommodates a broad spectrum of future-oriented decentralized applications. Its design is geared towards handling high latency and offers the flexibility for developers to construct Web3 projects in anticipation of an upsurge in Web3 users.
Behind Sui's development is Mysten Labs, a pioneering Web3 infrastructure entity, established by ex-high ranking officials from Meta's Novi Research. The team is composed of professionals specializing in cryptography, programming languages, and distributed systems.
Evan Cheng, Mysten's Co-Founder and CEO, likens the current state of Web3 to the initial, sluggish dial-up phase of the internet, characterized by slow and costly processes, security issues, and a challenging construction environment. Thus, Sui was created with the objective of removing intermediaries and enabling users to smoothly engage and blend their favorite products across various apps.
Key features of Sui stem from two primary innovations:
MOVE, a programming language native to the Sui blockchain, is based on RUST and was developed by Facebook's Libra project, with a focus on parallel execution.
On the other hand, the Narwhal-Tusk consensus algorithm employed in the Sui blockchain distinguishes data transmission from the transaction consensus process, tackling the Mempool-consensus issue found in traditional blockchain designs, such as Ethereum and Bitcoin.
Leveraging these two innovations, the Sui blockchain enables the network to scale horizontally, potentially supporting millions of transactions per second without necessitating specific nodes in the network. Consequently, users won't need to invest heavily in high-end hardware to process faster and more transactions since even normal computers will suffice.
The fastest, most convenient way to purchase Sui is to purchase it on ICONOMI. We check Sui live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Sui by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Sui is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Sui, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Sui in their structure.
Here you can read and comment on all posts made by Strategists about Sui SUI. See all Sui price predictions in real time and make the best use of their crypto knowledge.
$SUI has been on an incredible rise, jumping 140% in the past month!
What’s fuelling this momentum? It’s all about strategic partnerships, $USDC integration, and the launch of staking options, which are catching the eyes of both retail and institutional investors. Plus, with new technology like SCION improving the network, SUI is positioned for even more growth.
Want to know more about what’s driving this surge? Head over to our blog for a deeper dive.
Read the full analysis 👉HERE
MESEČNI POVZETEK
Strategija Titanium Skyhigh v zadnjem mesecu +40%✅
Najbolj donosni kovanci v tem obdobju: $SUI, $SEI (Solana killers); $BONK, $WIF, $PEPE (Meme); $CELO (Inovativen DeFi)🔥
Altcoin season index: 33 (Still a Bitcoin season)‼️📈
Fear and greed index: 49 (Nevtralno razpoloženje)😐
Znameniti oktober v teku... Če se zgodovina rima, bomo ta mesec dosegli še visoke donose💪
🤟 Rebalancing Info 01.10.2024 🤟
Strategy Performance September: +22%🚀
Winner September: $SUI +91🚀
Loser September: $POL -7% 📉
Every month I rebalance the strategy back to 4% each of the Top25 crypto coins without Stablecoins or wrapped Token.
There has been 1 change in the Top25:
1x Out: $STX
24x Rebalanced
1x New: $REN
Everything is rebalanced back to 4% each.
🤟 www.crypto-index-25.de 🤟
PREMIKI V ZADNJIH DNEH🚀📈🚨
Po izjemnih tedenskih donosov $SUI in $FET so večje donose v zadnjih dneh doživeli še:
V prihodnje pričakujemo večje segrevanje altcoinov🔥
