Don't miss the analysis $SUI
After Grayscale established the "Grayscale Sui Trust", the price increased sharply, considered a gift attached to the recovery of $BTC. It must be said that it is the right person at the right time.
But as I have reminded you, Grayscale has a long-term investment portfolio, the product has many different stages until the final ETF, so it is very normal to release news and then pump for a while and then adjust.
I will just follow the flow of events to see what is new and update everyone.
The latest thing about Sui is Mysticeti, a new consensus mechanism. This mechanism authenticates a transaction and marks it as valid.
Of all blockchains, Sui offers the lowest latency. Latency is the time delay that occurs between a user performing an action on the network and when they receive a response.
Mysticeti's latency is 390ms, almost instantaneous. Also high throughput.
Oh, and the SuiPlay0x1 - a handheld gaming device. Expected to launch in 2025, it can play games built on Sui, while also running Web3 games on other blockchains, as well as AAA PC games from Steam, Epic Games Store, and more.
Whatever you tweak, this one is pretty promising for layer 1.
