#rust#blockchain#distributed_ledger_technology#move#smart_contracts
Sui is a next-generation blockchain platform designed for very fast, low-cost transactions and high scalability, making it ideal for apps like gaming, DeFi, and NFTs. It uses a unique object-based data model and the Move programming language, which helps create secure, flexible smart contracts and allows many transactions to happen at the same time. This means you get instant transaction finality and a smooth user experience. Sui’s native token, SUI, is used for fees, staking, and governance, helping keep the network secure and decentralized. Overall, Sui offers a powerful, efficient foundation for building and using web3 applications.
https://github.com/MystenLabs/sui
#CFX/USDT analysis :
#CFX is presently trading within a resistance zone from where the price is expected to reject and exhibit a bearish move. The price is currently in an impulsive phase, with a corrective pullback pending and expected to form from the current zone.
TF : 1h
Entry : $0.1852
Target : $0.1566
SL : $0.1982