SUI price analysis as the so-called “Solana killer” loses momentum
Sui Network (SUI) has made waves in the cryptocurrency market, presenting itself as the “Solana (SOL) killer” or the “next Solana-like big mover.” However, SUI price growth appears to follow high social volume, which is now dominantly negative. Finbold retrieved premium data from Santiment ‘s SanBase Pro trending coins on August 16. Notably, SUI appears as the most trending cryptocurrency with a 48.92% negative and a 38.13$ positive sentiment. Social trends, Trending coins. Source: Santiment / Finbold (@vinibarbosabr, on X) Among the criticisms, commentators have mentioned a high fully diluted value (FDV) for the token, as well as concerns related to incoming unlocks from vesting contracts. On the other hand, people have praised the Move language and Sui’s transaction efficiency, with fast finality and low fees. Picks for you AI predi