Why can $SUI break through the L1 public chain???
With the continuous evolution of Web3 technology, the smart contract language is gradually shifting from being dominated by Ethereum to the more secure and resource-abstracting MOVE language. In this context of evolution, APT and SUI have become the dual core representatives of the MOVE ecosystem.
In the past year, APT's ecological development has been slow, with user and developer activity lower than that of SUI. In terms of incentives, APT has had airdrops but lacks continuous incentives, whereas the SUI Foundation has provided significant support, with monthly active addresses and on-chain transaction volume both surpassing APT. Currently, the market is more optimistic about SUI.
SUI is a true L1 that has reconstructed the smart contract operating mechanism and on-chain resource management from first principles. It is not about high TPS; it is about rewriting how blockchains should operate. This is the most important aspect! This means that SUI is not just powerful in performance but also leads in paradigm, serving as a technological foundation born for complex on-chain interactions and large-scale Web3 applications.
In a favorable market situation, public chains will prioritize driving ecological growth. SUI is strongly controlled by major players. Recently, nearly 70 million has flowed into the chain in the past week, with locked funds at 2.8 billion, indicating that the potential for growth has yet to be fully tapped!
When the volume began to increase on the 10th, Brother Sen quickly sensed an opportunity and brought his fans to ambush the market. It has now risen by 25%. In the short term, 3.97 serves as the primary resistance level on the daily chart. If it breaks through, it will soon reach the 4.15 level. For those who haven't entered yet, it's not advisable to chase further; you can wait for the US stock market to open in the evening to find a suitable entry point. Personally, I am optimistic about the breakout! Alternatively, you can ambush strong altcoins with limited growth in their ecosystem for a swing trade.
This world is very fair; you will never earn money beyond your understanding. Unless you rely on luck, but relying on luck often results in losses due to lack of skill. When a person's wealth exceeds their understanding, society has 100 ways to harvest you.
When to enter, when to exit? How to catch strong coins? How much to set for profit-taking? Brother Sen will inform fans first in the luxury group. As long as you follow my thinking and execute what I say, you will definitely benefit 🌹
