Sui Community has achieved a brand new Milestone at present reaching a whopping $700M in Complete worth Locked. Essentially the most astonishing factor about this milestone is that Sui has performed skinny in lower than a yr from the launch of its mainnet. Sui has achieved this milestone with steady improvement. Just lately, Sui was declared the 2024 Blockchain Resolution throughout the AIBC Eurasia awards.

$SUI Witnesses 31% Price Progress in March 2024

Regardless of bearing some hurdles within the final quarter of 2023, $SUI has picked up momentum in 2023, particularly in March. Because the crypto market is getting into a brand new bull cycle, SUI can be gearing up for some astonishing positive factors. From its start line of $1.6 on March 1, SUI has risen impressively to $2.16 by March 27. This quantities to a 31% improve for the reason that begin of this month.

Regardless of extreme market turbulence after mid-March, the SUI coin has displayed full potential which is often supported by its new developments in very quick intervals. An instance of such developments is the announcement of the Greek Inventory Alternate (ATHEX) to combine its digital guide constructing into Sui’s blockchain ecosystem. This integration was a collaboration between ATHEX and Mysten Labs and proves the significance of Sui’s adoption in the actual world.

$SUI Stays in Prime-3 Gainers

In at present’s session, sui remained among the many high 3 performers. As per our BlockchainReporter evaluation, SUI is now in a excessive volatility vary however it’s anticipated to take care of at present’s excessive of $2.16 and its total upward momentum. For the time being it’s in a robust resistance space. After the upcoming Bitcoin ($BTC) halving, SUI is anticipated to cross $3 mark quickly.