Sui
SUI
$1.66

Sector

Layer 1

Exchange Debut

2023-05-03

Market Cap

1,931,959,780

Maxim Supply

10,000,000,000

Circulating Supply

1,165,931,966

Circ. Supply(%)

11.66%
SUI

Sui

SUI

Price

$1.66

Market Cap

Sector

Exchange Debut

1,931,959,780
2023-05-03

Volume 24h

High 24h

Low 24h

335354840
1.752754605991
1.638894124009

Change 24h

Change 7d

Change 30d

-5.3915
-10.476
58.5973

Maxim supply

Circulating supply

Circulating supply(%)

10,000,000,000
1,165,931,966
11.66%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Sui cryptocurrency:

The fundamental analysis of SUI cryptocurrency reveals it as a notable smart contract platform, governed by a permissionless assortment of validators, akin to those found in other blockchain networks. As per the multi-criteria examination conducted, SUI earns an overall rating of 7.59 out of 10, a score requiring further dissection for a comprehensive understanding.

Delving into the Social and Media factor, SUI clinches an impressive score of 8.7 out of 10. The project’s team has evidently managed to cultivate a vibrant and committed community, buttressed by a formidable presence across social media platforms and discussion groups. Nevertheless, the actions of social media administrators were found to be wanting, hinting at potential inconsistencies in the communication strategy.

The Audit and Security factor is perceived as SUI’s Achilles heel, securing a meager 3.55 out of 10. Audit outcomes are subpar, posing potential threats to user and investor security. Despite this, the fundamental analysis of SUI cryptocurrency shows a commendable level of transparency concerning public information, which could serve as the foundation for enhancing security measures.

In terms of the Token Economy factor, SUI garners a modest 4.5 out of 10. While the project is not subjected to inflation, the low score can be attributed to the project’s monetary centralization. Unless changes are implemented promptly, investors may harbor reservations about substantially funding the project.

The Ecosystem Development factor scores a robust 8.8 out of 10. The team appears to have accomplished their set objectives and proposes further advancements in the pipeline. However, this score could be negatively impacted by poor performance in the Audit and Security category.

The Team factor emerges as the project’s strongest aspect, earning a stellar 9.2 out of 10. The SUI project is steered by a team of seasoned professionals, with an abundant roster of software developers.

The Partners and Investors factor receives an excellent score of 9.35 out of 10. The fundamental analysis of SUI cryptocurrency shows a sturdy network of investors and high-quality partners, which could be a harbinger of the project’s prosperous future.

Fundamental analysis of the SUI cryptocurrency – The final conclusion

In summary, while SUI does present investment opportunities, these should be navigated judiciously. Despite a competent team and robust social media community, serious attention must be directed towards the project’s security concerns. The prevailing monetary centralization could hinder potential long-term growth. With an overall score of 7.59 out of 10, SUI demonstrates promising potential, albeit with substantial risks and challenges. Thus, a meticulous risk analysis and evaluation should be undertaken before deciding on investment.

Sui is a smart contract platform maintained by a permissionless set of validators that play a role similar to validators or miners in other blockchain systems.

Sui offers scalability and unprecedented low-latency for simple use cases. Sui makes most transactions processable in parallel. This better utilizes processing resources and offers the option to increase throughput by adding more resources. Sui forgoes consensus to instead use simpler and lower-latency primitives for simple use cases, such as payment transactions and assets transfer. This is unprecedented in the blockchain world and enables a number of new latency-sensitive distributed applications ranging from gaming to retail payment at physical points of sale.

Sui is written in Rust and supports smart contracts written in Sui Move—a powerful asset-centric adaptation of Move for the Sui blockchain—to define assets that may have an owner. Sui Move programs define operations on these assets, including: custom rules for their creation, the transfer of these assets to new owners, and operations that mutate assets. 

Sui highlights

Unmatched scalability, instant settlement;
A safe smart contract language accessible to mainstream developers;
Ability to define rich and composable on-chain assets;
Better user experience for web3 apps;
Narwhal and Bullshark DAG-based mempool and efficient Byzantine Fault Tolerant (BFT) consensus;

Sui is the only blockchain today that can scale with the growth of web3 while achieving industry-leading performance, cost, programmability, and usability. Sui is the first internet-scale programmable blockchain platform, a foundational layer for web3.

Unparalleled scalability, immediate settlement

Today, users of existing blockchains pay a considerable tax as network usage increases due to limited throughput. In addition, high latency limits the responsiveness of applications. These factors contribute to the poor user experiences that are all too common in web3:

Games are slow and prohibitively expensive to play;

Investors lose funds when they can’t liquidate under-collateralized loans in Decentralized Finance (DeFi);

High-volume, low-value, per-transaction mass-market services like micro-payments and coupons are priced out of the network;

Artificially high floor prices on assets due to high gas prices;

Sui scales horizontally to meet the demands of applications. Network capacity grows in proportion to the increase in Sui validators’ processing power by adding workers, resulting in low gas fees even during high network traffic. This scalability characteristic is in sharp contrast to other blockchains with rigid bottlenecks.

By design, Sui validators (nodes) can effectively scale the network throughput infinitely to meet the demand of builders and creators. Sui can do for web3 what broadband internet did for web2.

Fundamental analysis of SUI cryptocurrency

Sui - SUI performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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