Unilabs (UNIL) Outpaces SUI and ADA With Its AI-Powered Asset Management Platform

Currently, the SUI blockchain is in the 11th spot among the leading cryptocurrencies with a total market cap of $13.84 billion.

The cryptocurrency market never ceases to amaze with its rapid changes and new projects emerging at a phenomenal pace. As we delve deeper into 2024, we're witnessing a remarkable shift in the industry, with utility-driven projects rapidly gaining traction among mainstream retail investors.

Among the top 10 cryptocurrencies, SUI, the native token of the Layer-1 SUI blockchain, has sparked significant buzz this month with the launch of Grayscale's SUI Trust and 21Shares' filing for a SUI-linked ETF.

SUI is currently in 11th place among the leading cryptocurrencies with a total market cap of $13.84 billion. On the other hand, its rival ADA has more than double the market cap, standing at the 9th spot with $28.2 billion.

The SUI blockchain is known for its high speed and low transaction fees, making it an attractive platform for developers. Recently, there has been a surge in new projects launching on SUI, further increasing the demand for its native token.

As the SUI blockchain gains traction, analysts at Benzinga expect it to flip the Cardano price and enter the top 10 ranks by the end of 2025.

The Cardano price has been closely following the broader market, establishing a decent uptrend over the past few weeks. However, after facing a rejection from the $0.84 resistance on May 11, ADA entered a short-term declining wedge pattern.

The price later recovered momentum and successfully broke out from the bearish structure. Following the breakout, ADA made a quick retest of the support at $0.798, and as the buyers outbid the sellers, the coin continues to move higher, currently trading at $0.8017.

The technical analysis reveals that the buyers are in control, and if the Cardano price continues to hold this support, it may be gearing up for a large rally.

However, while SUI and ADA show promising technical signals, another utility-driven project is rapidly rising in its early stages with the introduction of an AI-powered asset management platform.

Unilabs (UNIL) has recently come to the mainstream retail investor’s attention, as the presale raised more than $835,000 within its first two weeks of launch.

DeFi analysts forecast that with its utility focused on the new crypto age, Unilabs can surpass the ADA and SUI blockchains and outperform the Cardano price in the 2025 bull run, rising to the level of the established utility altcoins.

The optimism stems from Unilabs' innovative technology and the strong demand from the crypto community.

Unilabs is rolling out the first-ever AI Managed Investment Fund, which already holds over $30 million in assets under management before its listing. The platform allows users to invest in automated funds curated by AI and rebalanced 24/7 to provide optimal returns despite market volatility.

Users receive consistent profits from a shared pool as dividends on their assets. The platform also offers impressive annual percentage yields of up to 122% on staking the native token, UNIL.

The UNIL token is currently selling for $0.0051 in the live presale, which is partway through the second stage. The token’s value will increase periodically with each new stage, which is why investing early is the key to making the most returns.

As the project progresses, the price of UNIL is expected to rise, potentially impacting the overall market cap and token valuation.