Speculating on SUI
Sui has market-leading L1 technology, and SUI price has recently started to reflect this. Can SUI continue its momentum in the face of impending unlocks?Preview
TLDR
- Solana often steals the focus in the L1 wars, but while SOL/ETH has gained 6% since the August open, SUI/SOL has rallied 115% in the same period.
- Sui has a market-leading L1 tech with 297,000 max theoretical transactions per second (TPS), along with a time-to-finality of 480 milliseconds.
- Bullish price action over recent weeks reinforced by a strong narrative in its leading L1 tech gives SUI a nice setup for continuation.
- However, SUI faces major unlocks in coming months.
- We look at a unique way to gain exposure to the ecosystem, while the market has produced a clear setup with a “line in the sand”.