In the last week of April, SUI surged by 70%, recording the highest growth among major cryptocurrencies, drawing attention to Kevin O'Leary's 'hot project' recommendation from earlier this month.
According to CryptoPotato on the 26th, while Bitcoin (BTC) rose by 10%, Ethereum (ETH) by 12%, Cardano (ADA) and Doge by 18% each during the last week of April, the Sui Network's token SUI overwhelmingly dominated the market with a 70% surge. SUI even saw a 28% spike within a 24-hour period. This strength is analyzed to be due to the spread of DApps like DeepBook in the Sui ecosystem and the effect of listing on major tier-1 exchanges. Popular crypto analyst Route 2 FI mentioned that "Sui will be the best trade in this cycle" and suggested it could be the next Layer 1 winner after Solana.
This upward trend also supports investor Kevin O'Leary's prediction. O'Leary emphasized in a podcast interview in early April that "the hottest ticket right now is Sui, the Mysten Labs project". At the time, Sui's technical indicators were also showing positive signals. In fact, according to CoinGecko's speed test last year, Sui was evaluated as the second fastest major smart contract blockchain after Solana. Experts believe Sui is gaining market attention due to its strong technological capabilities, fast network performance, and active ecosystem expansion, with expectations of further potential growth.
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