SUI Ecosystem Watch: 3 Tokens That Could 10x This Cycle
- SUI expanding fast; strong DeFi growth and NFT adoption underway.
- Walrus Protocol uses 26% storage; strong privacy and Filecoin rival.
- Suilend leads SUI DeFi; zero-fee borrowing and high APYs offered.
As the Sui blockchain continues to mature, several projects within its ecosystem are starting to show breakout signs. With strong development activity and rising adoption, a few altcoins connected to SUI could be set for big moves. Here’s a look at three SUI ecosystem tokens that might have 10x potential in the next market cycle.
SUI (SUI)
The analyst started with the network’s native token. Even though SUI is only about two years old, it’s made good progress.
The project keeps expanding its DeFi and NFT presence, with recent launches like Nautilus, a tool bringing privacy and tamper-proof oracles to the SUI network.
SUI currently holds the 8th spot in total value locked (TVL) among blockchains. At around $3.40 per token and still about 40% below its all-time high, many analysts see this as a good entry point, expecting the price to climb as the ecosystem grows.
Related: Is Bitcoin Finally Becoming a “Stable” Asset?…
The post SUI Ecosystem Watch: 3 Tokens That Could 10x This Cycle appeared first on Coin Edition.
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SUI Ecosystem Watch: 3 Tokens That Could 10x This Cycle
- SUI expanding fast; strong DeFi growth and NFT adoption underway.
- Walrus Protocol uses 26% storage; strong privacy and Filecoin rival.
- Suilend leads SUI DeFi; zero-fee borrowing and high APYs offered.
As the Sui blockchain continues to mature, several projects within its ecosystem are starting to show breakout signs. With strong development activity and rising adoption, a few altcoins connected to SUI could be set for big moves. Here’s a look at three SUI ecosystem tokens that might have 10x potential in the next market cycle.
SUI (SUI)
The analyst started with the network’s native token. Even though SUI is only about two years old, it’s made good progress.
The project keeps expanding its DeFi and NFT presence, with recent launches like Nautilus, a tool bringing privacy and tamper-proof oracles to the SUI network.
SUI currently holds the 8th spot in total value locked (TVL) among blockchains. At around $3.40 per token and still about 40% below its all-time high, many analysts see this as a good entry point, expecting the price to climb as the ecosystem grows.
Related: Is Bitcoin Finally Becoming a “Stable” Asset?…
The post SUI Ecosystem Watch: 3 Tokens That Could 10x This Cycle appeared first on Coin Edition.
Read More