What is SUI blockchain? SUI Price Prediction 2023 to 2030
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What is SUI blockchain? SUI Price Prediction 2023 to 2030

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1 year ago

Sui Mainnet is launched on 3rd May, 2023 along with its native token SUI. SUI is now listed on Binance, Kucoin, Bybit and a few more crypto exchanges. For those who were able to participate in the SUI IDO is now sitting on a handsome return. However, for those who could not get t...

What is SUI blockchain? SUI Price Prediction 2023 to 2030

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Sui Mainnet is launched on 3rd May, 2023 along with its native token SUI. SUI is now listed on Binance, Kucoin, Bybit and a few more crypto exchanges. For those who were able to participate in the SUI IDO is now sitting on a handsome return. However, for those who could not get their hands on can now SUI tokens in the crypto exchanges mentioned above.

Is SUI token a good buy? What is SUI token’s price prediction for 2023 to 2030? Let’s find out all the answers in this post. But, before we go into SUI price prediction, let us learn about SUI blockchain in detail.

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What is SUI?

SUI is a decentralized Layer 1 blockchain that redefines asset ownership and offers unprecedented scalability and low-latency for simple use cases. It is designed to be both developer and user-friendly, supporting a wide range of application development at low cost. Sui is maintained by a permissionless set of validators and forgoes consensus to instead use simpler and lower-latency primitives, enabling new latency-sensitive distributed applications such as gaming and retail payment.

Written in Rust, Sui supports smart contracts written in Sui Move, a powerful asset-centric adaptation of Move for the Sui blockchain, defining operations on assets, including creation, transfer, and mutation. Sui is a promising platform for building decentralized applications with fast, secure, and cost-effective asset ownership. However, TPS wise, SUI is very slow. 137TPS is the peak. Currently SUI TPS is 15 but is expected to grow with time.

SUI Details

SUI Value
Price $1.38
Rank #64
Token SUI
Website sui.io
Whitepaper Click here
Market Cap $727,650,521
Circulating Supply 528,273,718 SUI
Total Supply 10,000,000,000
Max Supply 10,000,000,000
FDV $13,910,000,000

How to buy SUI token?

You can purchase SUI token from the following exchanges:

SUI Price Prediction 2023

When Maximum Price Minimum Price
May 2023 $1.75 $1.10
June 2023 $2.10 $1.65
July 2023 $2.52 $1.94
August 2023 $2.77 $2.13
September 2023 $2.91 $2.24
October 2023 $2.77 $2.31
November 2023 $3.05 $2.54
December 2023 $3.42 $2.85
According to our SUI Price Prediction for 2023, SUI token is expected to experience steady growth throughout the year, with a maximum price of $3.42 and a minimum of $1.10. This is due to the increasing popularity of SUI as a layer 1 blockchain that supports the use of the MOVE coding language and provides low-cost, high-speed transactions for various applications. SUI’s focus on asset ownership and the ease of creating and transferring assets make it an attractive platform for developers and investors alike. Additionally, SUI’s recent listing on Binance and its position within the top 60 market cap cryptocurrencies on day 1 suggest that it has strong market potential for further growth. However, its low TPS<150 may pose a challenge for high-throughput applications, which may limit its adoption in some use cases.

SUI Price Prediction 2024

When Maximum Price Minimum Price
January 2024 $3.59 $3.00
February 2024 $4.04 $3.37
March 2024 $5.39 $4.49
April 2024 $4.90 $4.08
May 2024 $4.08 $3.40
June 2024 $4.90 $4.08
July 2024 $5.88 $4.90
August 2024 $6.46 $5.39
September 2024 $6.79 $5.65
October 2024 $6.46 $5.39
November 2024 $7.11 $5.92
December 2024 $7.96 $6.63

The SUI price prediction for 2024 suggests a continued upward trend in the value of the token. As a hyped layer 1 blockchain that offers unprecedented low-latency transactions and asset ownership through its SUI Move programming language, SUI is poised for strong growth in the coming years. Although it faces competition from other blockchains like APTOS, SUI’s unique features and growing adoption are expected to propel its market cap into the top 30 cryptocurrencies by 2024. Furthermore, as a Rust-based smart contract platform, SUI offers a level of security and reliability that is attractive to developers and investors. The prediction of SUI crossing $5 USD in 2024 and reaching a maximum price of $7.96 USD suggests that SUI has strong potential for growth and long-term value.

SUI Price Prediction 2025

When Maximum Price Minimum Price
January 2025 $6.77 $5.46
February 2025 $7.96 $5.69
March 2025 $9.95 $8.03
April 2025 $11.85 $8.46
May 2025 $12.88 $10.39
June 2025 $15.45 $11.04
July 2025 $14.72 $11.87
August 2025 $12.27 $8.76
September 2025 $15.33 $12.36
October 2025 $19.16 $13.69
November 2025 $21.08 $17.00
December 2025 $25.61 $16.86
Looking at the SUI Price Prediction for 2025, it’s clear that the hype around this decentralized layer 1 blockchain isn’t dying down any time soon. With maximum prices projected to reach as high as $25.61 and a minimum of $5.46, it’s evident that investors and traders alike are bullish for the SUI blockchain. While some have compared SUI to its competitor Aptos, the consensus is that SUI has more potential for growth and adoption.

The RUST-based smart contract platform is continually being developed and upgraded, making it a strong contender in the blockchain space. There is also speculation that SUI could reach as high as $25 in 2025, which would be a significant milestone for this relatively new platform. Despite occasional dips in price, the overall trend for SUI appears to be upward, making it a potentially lucrative investment for those looking to get involved in the blockchain market. In short, SUI is far from dead, and with continued development and innovation, it could become a major player in the top 30 by marketcap in the coming years.

SUI Price Forecast 2026 to 2030

When Maximum Price Minimum Price
2026 $15.74 $8.74
2027 $12.59 $7.00
2028 $16.37 $9.09
2029 $49.11 $27.28
2030 $98.22 $65.48

FAQs

Can SUI reach 10USD?

10USD with current circulating supply of 528,273,718 tokens will take SUI marketcap to 5,282,737,180USD, which I think is easily possible.

Can SUI reach 25USD?

SUI could potentially reach 25USD by the December 2025.

Can SUI reach 100USD?

For SUI to reach 100USD, FDV of SUI needs to be 1,000,000,000,000USD, which is almost 1.6 times of BTC’s fully diluted marketcap, which I do not think is possible in the near term.

What is SUI price Prediction for 2025?

SUI token price prediction for 2025 suggest SUI could be trading in between $5.46 and $25.61 in 2025.

What is SUI price Prediction for 2030?

Maximum and minimum SUI price prediction for 2030 is $98.22 and $65.48 respectively.

Binance is the most recommended crypto exchange to buy SUI tokens. But if you are someone who do not like to complete your KYC and still buy SUI, you can do that on Kucoin. If we compare that with Aptos, we can see that APTOS is sitting at a marketcap of 1,814,521,979USD which means, SUI needs to more than 3x to cross Aptos by marketcap.

Conclusion: Should you buy SUI now?

SUI was able to secure a spot on top crypto exchanges Binance on Day 1, which speaks a volume about the team, and the management. SUI’s founders are former DIEM (Facebook’s native crypto project) engineers. I think SUI has a good future which is why I purchased a very small amount of SUI today from Binance. Though the marketcap of SUI looks to be on the higher side, I still the coin could reach 1.75USD by the May, 23 end. If you are planning to invest in SUI, my suggestion would be to not to go all in and wait for the SUI token’s price to drop. But if you are one of those impatient investor (sometimes like me), you can put a very small amount in purchasing SUI tokens today.

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