Sui Network recorded an impressive 431 million transactions in October, outperforming major blockchain networks. This surge in transaction volume indicates a robust and active network engagement by users.
Despite this transactional success, Sui's price experienced a slight decline, dropping by 2% on the day. Market analysts are contemplating whether this downturn is a temporary retracement in a larger trend.
As the market speculates on SUI's potential to reach new all-time highs, observers are eager to discern if the current dip signifies an opportunity for accumulation, potentially setting the stage for a future price rise.
