SUI has demonstrated resilience amid widespread market sell-offs, maintaining stability within a narrow range and indicating bullish sentiment among market participants.
This stability has led to the formation of a new all-time high (ATH) for the SUI token, hinting at further potential growth in the near future.
Analysts project that if this bullish trend continues, the SUI price could undergo a substantial 10x rally, possibly surpassing the $4 mark in 2024, attracting more investors.
The current market conditions, characterized by initial sell-offs followed by strength, suggest that SUI may continue to outperform other cryptocurrencies in the market in the coming months.
