Sui Price: Can New Mainnet Upgrade Spark an Ascent Above $3.55?

Sui has undergone a major upgrade to its mainnet, with version 1.49.2 implementing key enhancements designed to improve performance and increase network security. This latest update introduces new functionality that could unlock greater potential for the blockchain, including stolen fund recovery capabilities. These changes aim to enhance transaction processing speed and reliability during periods of high traffic congestion, further strengthening Sui’s position as a user-friendly and secure platform. The price of SUI is now hovering near a crucial resistance level at $3.55. Whether the new upgrades will propel Sui’s prices beyond this barrier remains to be seen.