Kevin O'Leary, a well-known investor and host of Shark Tank, has expressed his views on the cryptocurrency SUI, identifying it as one of the most promising at present. In this article, he outlines five key factors that strengthen his perspective.
Price Analysis of SUI
As of April 2025, the price of SUI stood at $2.12, which is down 60% from its record high at the beginning of January. However, for investors who purchased SUI at $1.40, it still represents a significant gain. Crypto market analyst CryptoBullet noted a bullish indicator for SUI, drawing parallels with NEAR, which exhibited similar growth patterns in 2021.
Mysten Labs Leadership Team
O'Leary emphasizes the achievements of the Mysten Labs team, creators of SUI. The CEO of the company, Evan Cheng, and his team consist of specialists who previously worked at Facebook, instilling confidence in the project's potential despite recent market challenges.
Gaming Potential and ETF
According to O'Leary, SUI has significant advantages in gaming due to its fast transaction speeds. Concurrently, on April 8, 2025, Canary Capital filed for an ETF for SUI, opening the way for institutional investors to trade this cryptocurrency.
Highlighting the importance of SUI, particularly in the context of the rapidly increasing interest in blockchain and gaming projects, O'Leary is confident that SUI will be one of the winning assets in the future.
