ARTICLE AD BOX
- Sui Network records rapid growth with institutional support, innovative projects, and a doubling of its TVL in three months.
- Strategic partnerships and new token launches position Sui’s ecosystem as a strong contender in blockchain innovation and DeFi.
The Sui Network persistently disrupts the cryptocurrency industry, breaking records almost daily. The SUI token was priced at just $0.03 in its first funding round in May 2023, so it has seen an amazing rise.
Early investors are looking at a return on investment (ROI) of 15,185% at the present price of $4.60. More remarkably still, SUI’s all-time high (ATH) of $5.35 shows a ROI of 17,718%.
Altcoin Buzz investigated two months ago the subject of how many SUI tokens one needs to become a millionaire. SUI cost $2 at the time; its worth has subsequently doubled. This notable rise begs once more the important question: how many SUI coins does one need to become a crypto millionaire?
Ecosystem Growth and Rising Institutional Interest
Sui has seen an explosion of activity inside its ecosystem throughout the last two months. Important events include token introductions into sectors such as gaming, artificial intelligence, DeFi, and even virtual casinos.
Among the noteworthy initiatives are the Deep token, which has seen a 9x increase since its inception, and forthcoming tokens like CreaDex’s KDR token and Walrus’s Wall token.
Sui is also becoming more of interest institutionally. Notable participants, including Franklin Templeton, Grayscale, and VanEck, have welcomed the network. Grayscale started an SUI trust; VanEck debuted an SUI-backed digital product in Europe. Sui’s Total Value Locked (TVL) also doubled in just three months and now stands at $2 billion.
By stressing the network’s excellence above conventional EVM and non-EVM systems, Sui’s co-founder increased confidence even more. Sui leads the blockchain ecosystem, according to him, because it provides superior security and composability.
Calculating the Path to Millionaire Status with SUI Tokens
The major concern still for investors is: how many SUI tokens will allow one to reach millionaire level? Given the present price of $4.60, you would require over 217,391 tokens. Should SUI review its ATH of $5.35, the count reduces to 186,900 tokens.
The next 12 months $SUI will go from $5 to $50 pic.twitter.com/lR7xq8rxzq
— That Martini Guy ₿ (@MartiniGuyYT) January 12, 2025
But should the token price rise, what then? Just 40,000 tokens are needed at the estimated $25 price. At a price of $50, the figure drops to 20,000 tokens; at a speculative top of $65, you would only require 15,385 tokens.
Sui is positioned for further development with its strong ecosystem, institutional support, and aspirational roadmap. “Any price under $5 is currently a good entry,” notes Altcoin Buzz.