Buying SUI Now Is Like Accumulating Solana (SOL) in 2021 – Here’s Why

In the latest episode of Everything Crypto, the crypto analyst describes the prospects of the SUI token. He draws parallels to the explosive growth of Solana during its previous bull run.

After experiencing a 400% rally from early August to mid-October, SUI has seen a pullback of 25% from its all-time highs. It is currently down about 14% over the past week. The analyst aims to articulate why investing in SUI now could mirror the opportunities that Solana presented back in 2021.

Why SUI Could Outperform Solana

The analyst posits that if any layer one blockchain has the potential for a Solana-like surge, it is SUI. He emphasizes the importance of understanding what SUI offers compared to Solana.

During the last bull run, Solana thrived on the narrative of speed, being promoted as the fastest blockchain with superior transaction capabilities. The analyst points out that while Solana has a maximum theoretical transaction per second (TPS) of 65,000. SUI surpasses this with an impressive 297,000 TPS.

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In terms of transaction speed, the analyst highlights SUI’s time to finality, which is significantly lower than Solana’s. While Solana’s transactions settle in about 12.8 seconds, SUI achieves this in just 400 milliseconds. This enhanced speed positions SUI as a frontrunner in the blockchain space, potentially overshadowing Solana’s previous advantages.

Looking into the transaction volume, the analyst notes that on October 5th, SUI surpassed Solana in terms of transactions, recording 58.4 million compared to Solana’s 35.4 million. Furthermore, he points out the stark difference in transaction fees: while Solana charges about three and a half cents per transaction, SUI’s fees are less than a penny, making it a more economical choice for users.

The analyst also addresses the market cap disparity, with Solana valued at approximately $84 billion compared to SUI’s $4.8 billion—about 17.5 times smaller. He suggests that if SUI were to reach Solana’s current market cap, each SUI token could be valued at around $30.36.

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Should it attain Solana’s all-time high market cap, the value could soar to $32.79. Even if one were to consider a more conservative estimate, aiming for 50% of Solana’s all-time high market cap would still suggest a price of $16.50 per SUI token.

SUI Price Prediction 2025

As for price predictions for 2025, the analyst provides a framework for understanding SUI’s potential trajectory. He indicates that if SUI reaches Solana’s market cap at its peak, each token could be worth $32.79. Conversely, a target of half that market cap would imply a price of $16.50.

The crypto analyst discusses immediate price targets for SUI: a potential downside at $1.50 and an upside at $2.00. Overall, he maintains a bullish outlook on SUI, anticipating that it will continue to outperform in the upcoming bull market.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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