An analysis by the YouTube channel Everything Crypto compared Sui (SUI) and Solana, highlighting SUI’s potential to replicate Solana’s 2021 success.
In terms of growth, SUI has outperformed Bitcoin, Ethereum, and more established indices like the NASDAQ and the S&P 500. This has made the token a top performer in the current crypto market.
The conversation centered on SUI’s technological prowess, market performance, and price forecast, emphasizing its quick uptake and standing among layer-one blockchains.
What you'll learn 👉
SUI vs. SOL: Speed and Cost Efficiency
SUI demonstrates technical superiority over Solana in critical metrics.
With a transaction processing speed of 297k TPS, it surpasses Solana’s 65k TPS by a margin. Additionally, SUI’s 400 millisecond time to transaction finality is 3x quicker than Solana’s 12.8 second average. These advancements make SUI a highly efficient platform for developers and users.
Cost-effectiveness further distinguishes SUI. It is substantially less expensive than Solana, which charges an average of $0.07 each transaction, with average transaction fees of $0.008 per transaction.
Real-world transaction comparisons showed that SUI was significantly faster than Solana, performing a swap in less than a second as opposed to 10.59 seconds.
Market Performance and Growth Potential
Despite having a market cap of almost $11.31 billion—considerably lower than Solana’s—SUI consistently ranks among the top three chains for net inflows. This trend signals growing investor confidence and ecosystem adoption.
Over the past 90 days, SUI has risen 36.74% in value, further demonstrating its resilience and demand during this bull cycle. SUI’s integration with the Phantom wallet, which was pivotal in driving Solana’s retail adoption, is expected to be a catalyst for its growth.
Phantom’s user base of over 7 million could play a vital role in expanding SUI’s reach. The video also emphasized that, should SUI match Solana’s current market cap, its price would increase by 9.32x, reaching $35.70 per token.
Read also: Is $7 Still a Realistic Target for Cardano (ADA) Price?
Price Levels and Future Milestones
SUI’s price support levels include $3.36 and $3.00, with resistance identified at $3.93. This resistance has already been flipped with the token rallying over 15% over the past day. Besides, today SUI also reached a new all-time high of $4.86 with the price now 3.86% below at $4.64.
If SUI were to achieve Solana’s all-time high market cap of $122 billion, its token price could rise to $41.30. Even reaching half of that valuation would elevate SUI to $20.50 per token.
All in all, the analysis highlights SUI’s potential trajectory and its position as a competitive force in the layer-one blockchain landscape.
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