The SUI currency is considered one of the new projects in the blockchain world and is trying to establish its presence amidst fierce competition, especially with strong projects like Solana and Aptos. Their team has a strong technical background as they are from Meta and were working on the Diem project, which gives them a degree of credibility. However, success in crypto is not solely dependent on the team; the market determines that. Technically, Sui relies on advanced architecture that allows for fast transactions and high scalability, but its reception as a project is still limited compared to the hype it had at launch. In the current market, its price has been significantly affected, dropping from launch levels, which is normal for new projects. However, there are still no clear indicators of widespread real adoption or strong partnerships that enhance its value in the medium term.
As a professional trader, I see that SUI could be a short-term speculative opportunity, especially during hype moments or partnership announcements. However, as a long-term investment, it has yet to prove itself, and the market has more mature and trusted projects. If you want to make a long-term investment, I advise diversifying your portfolio and not putting a large percentage into new currencies like SUI, as there is high risk, and it could just be another project that declines and fades away over time if it fails to create real demand on the network.
