Real Vision CEO Raoul Pal named Sui as one of only three blockchains able to maintain “economic density”—the value generated per active user—during this year’s market downturn. He revealed that his own position is currently at a loss, with an average purchase price of around $1.70. However, he remains committed because he believes that users’ economic resilience, rather than token price alone, determines whether a blockchain can survive.
What this means: This is a positive signal for SUI, as a prominent macro investor has openly acknowledged the underlying strength of its ecosystem. This could attract long-term investors. However, the token price is still struggling to rise despite the ecosystem’s resilience.
#SUI🔥 #bullish
What this means: This is a positive signal for SUI, as a prominent macro investor has openly acknowledged the underlying strength of its ecosystem. This could attract long-term investors. However, the token price is still struggling to rise despite the ecosystem’s resilience.
#SUI🔥 #bullish
