The post Why SUI could rally 326% to $16 by end-2025, per VanEck  appeared on BitcoinEthereumNews.com.

Sui could rally 4.2x by the end of 2025, per VanEck projection.  Sui had strong market interest, third only to Solana and Ethereum.  Asset manager VanEck has tipped Sui [SUI] for a whopping 4x potential rally by the end of the year.  In a recent comparative analysis report between Sui and Aptos [APT], two top contenders in the smart contract platform (SCP) space, the firm stated,  “5.5% of the SCP market, corresponding to a market capitalization of $61 billion. With 3 billion tokens unlocked by January 2025, this equates to a token price of ~$16. This represents a 326% gain from today’s price of $3.75.” Patrick Bush, a senior investment analyst at VanEck, projected that the SCP market could grow to $1.1 trillion by the end of 2025. This would translate to 43% growth, which the analyst linked to the US M2 money supply expansion targets.  According to the firm’s proprietary models, Sui could account for 5.5% of this SCP growth, hence the likely 4.26X rally for the SUI token.  Sui traction increase Amongst the key factors that Sui commanded a lead was DEX (Decentralized Exchange) trading volume, indicating strong DeFi traction. In the past 100 days, Sui has ranked fourth after Solana, Ethereum, and Arbitrum on the DEX volume front.  Source: VanEck That’s not all, though. The blockchain network has also gained massive market interest relative to Aptos, its closest rival. According to Google Trends, it was the third most searched network on the internet after Solana and Ethereum [ETH].  Source: VanEck This meant the layer 1 contender had what it takes to secure the third spot amongst smart contract platforms, thanks to other features like speed and scalability.  However, the report cautioned that any unfavorable regulatory classification, whether a commodity or security, could impact its mass adoption.  “While…

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Filed under: News - @ January 31, 2025 5:21 am