Current Developments in Sui-Chain
The recent developments in the Sui-Chain, particularly the significant upgrade to version V1.49.2 and the protocol to version 84, could significantly influence the growth of the SUI Coin. These technological advancements are of great interest to investors as they offer the potential for substantial growth in the cryptocurrency market.
Sui Mainnet Upgrade
The recent upgrade of the Sui Mainnet to version V1.49.2 and the protocol to version 84 aims to enhance the security and functionality of the platform. An important aspect of this upgrade is the support for the recovery of stolen funds, which could strengthen user trust.
Integration into Wallets
The integration of SUI into wallets like Tangem demonstrates the growing acceptance and support for the Sui blockchain. This integration allows users to manage SUI tokens and other Sui assets directly through the wallet app, increasing user-friendliness.
Market Forecasts
SUI is traded as one of the altcoins that could be in focus in June 2025. After a decline due to a DEX hack, the price of SUI has recovered and could continue to rise due to token unlock events and technological advancements.
Impact on the Cryptocurrency Market
Technological advancements such as the upgrade of the Sui-Chain can have significant impacts on the cryptocurrency market. Such developments can bolster investor confidence and increase interest in the platform, which could lead to an increase in market value.
Forecast for SUI
The forecast for SUI is currently positive as the upgrade and integration into wallets offer the potential for further growth. However, success depends on many factors, including overall market development and acceptance by users and developers. Overall, the recent upgrade of the Sui-Chain, along with the increasing support from wallets and general market developments, could lead to significant growth for the SUI Coin. Investors should, however, continue to monitor market trends and future developments to make informed decisions.