Sui blockchain has achieved a significant milestone – processing 4 billion transaction blocks, indicating robust network activity and potential for global growth. This signifies continuous operation of the network without pause, according to supporters, highlighting its scalability. Notably, the recent milestone comes amidst increased trading activity with the SUI token currently valued at $3.44, though it has experienced declines in the past week.
The Robinhood listing further democratizes access for US investors, fueling potential long-term growth and adoption for the ecosystem. Technical analysis suggests a breakout from a previous trend pattern with immediate support near $3.40 – $3.46 and resistance around $4.78. Rekt Capital notes the SUI is currently in post-breakout retest phase, awaiting confirmation to solidify its trajectory.
The listing on Robinhood has significantly expanded SUI’s accessibility for US investors, potentially increasing retail participation and network growth.
Ultimately, whether this momentum translates into wider adoption will depend on sustained demand and the continued development of the ecosystem.