Cardano Investors Migrate to Sui and Intel Markets Amid Ongoing Network Upgrade

As Cardano struggles with bearish trends and a lack of investor interest, savvy investors are flocking to more promising opportunities like Sui and Intel Markets.

As Cardano continues to experience bearish trends and a lack of investor interest, savvy investors are flocking to more promising opportunities like Sui and Intel Markets.

Investors drop Cardano amid ongoing network upgrade

Cardano has been experiencing significant bearish pressure recently, leading many investors to sell off their holdings and move to better-performing tokens. YTD, Cardano’s price has dipped by 4%, trading 89% down from its ATH.

In an attempt to remedy its current bearish sentiment, a network upgrade was recently performed on the Cardano platform. The update, dubbed the “Chang Hard Fork,” is a two-part process designed to transform the blockchain’s governance structure and decentralization features.

The first part of the network upgrade was launched on September 1, with the second part set to launch in November. However, despite the first part of the update launching 2 months ago, it has failed to capture the interest of investors or boost Cardano’s price, market cap, or trading volume.

Sui blockchain records rise in new accounts and TVL

Recent data from DeFiLlama shows a surge in SUI blockchain’s Total Value Locked (TVL). The TVL rose 300% from its August low of $313 million to the current $1.074 billion. Analyzing SUI’s explorer data, a 5% rise in new accounts on the SUI blockchain was noted by analysts.

Following the rise in new active accounts on the SUI blockchain, it recorded a net flow of $24.3 million, outpacing Solana and Ethereum, which recorded $10 million and $9.7 million, respectively, according to Mysten Labs.

As a result, investors are making the switch to the SUI token, due to the recent achievements of the SUI blockchain. The recent activity on SUI has had a positive impact on the token’s price, with analysts speculating that SUI will rally over 30% in a few days.

Investors jump on Intel Markets’ presale for 5500% gains

While investors are making the move to the Sui blockchain, a large portion of them have completely migrated to Intel Markets (INTL). This comes as Intel Markets has been garnering the attention of the crypto community since its presale launch.

Intel Markets is also known for its contribution in advancing DeFi to the next level with innovations such as the Route X21 initiative, which addresses the issue of security breaches in major crypto blockchains. Intel Markets platform is built on an AI-layered blockchain Rodeum, demonstrating its dedication to protecting users’ funds and data.

The platform utilizes a user-friendly interface, making it easily accessible to both beginners and experienced investors. Furthermore, by participating in its presale, investors automatically become shareholders in Intel Markets’ rapidly expanding ecosystem. Tokens are currently being sold at $0.046 in stage 5 of the presale.

Investors joining the presale are entitled to discounts, bonuses and staking rewards. Additionally, Intel Markets utilizes a deflationary mechanism, which experts believe will sustain the token’s value, increasing its price by over 5500% upon the official token launch in 2025. As a result, investors among others are joining Intel Markets’ ongoing crypto presale.

To learn more about Intel Markets, visit the presale website, the official website and join the community.

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