Let’s talk about SUI and Solana.
Did you know that some cryptocurrency analysts say that SUI, the token on the Sui blockchain, may surpass Solana (SOL) and become the hottest token before the altcoin boom ends in 2025? SUI has only been out for a year, but it has already risen rapidly. Everyone has started to pay attention to this layer-1 blockchain, especially in the last few months of 2023 when the market starts to pick up again.
Guess what? The price of SUI has risen by 840% in the past year! Although the market has not yet fully entered that hot period, this may just be the beginning, and the price of SUI may continue to rise.
However, we have to look at reality. According to the data from TradingView, SUI’s market value has risen to $84.6 billion in 18 months and is now ranked 14th on CoinmarketCap. However, Solana is now ranked 4th with a market value of $96.7 billion. Although everyone says that SUI may surpass Solana, Solana's market value exceeded 10 billion US dollars within a year, while SUI took 18 months. So, Solana still has some strength.
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