In recent years, the cryptocurrency market has witnessed active discussions about two major projects – Sui and Solana. Both offer high speeds, scalability, and low transaction costs.
Solana Price Outlook and Ecosystem Strength
Solana has been one of the biggest winners during the last bull cycle. In 2020, the SOL price was just $1.50, but by the peak in 2021, it reached around $260, representing a 173x gain in under two years. Solana established itself as one of the fastest blockchains, thanks to low fees and a growing presence in NFTs and DeFi.
Analyst Maddie notes that Solana did not just survive the bear market, but reinvented itself. After the FTX collapse, many counted it out. However, Solana fixed one of its most pressing issues: network halts. Since October 2022, the chain has only halted twice, which is a significant improvement.
Institutional adoption is also on the rise. Solana recently launched a staking ETF that saw $33 million in volume on its first day. Spot ETFs are in the works as well. Large firms like BlackRock and Franklin Templeton are now involved in tokenizing real-world assets on Solana.
Sui: New Achievements and Growth
Now let's discuss the new contender – Sui. Launched just two years ago, it is already ranked in the top 10 by total value locked (TVL). Maddie highlights that Sui is outperforming several well-known chains and has a rapidly growing ecosystem.
Platforms like Bluefin and SWELEND are gaining serious traction. Sui also introduced TBTC to bring Bitcoin into its ecosystem and is launching numerous airdrop-friendly projects like Momentum and Walrus.
Grayscale has recently featured Sui in a report, praising Walrus for being up to 80% cheaper than competitors in terms of data storage. It is already a top 150 token and offers decentralized storage for everything from NFTs to AI models.
The SUI price has remained steady even during market pullbacks. It is currently just under $4, and Maddie believes the token could reach $15 in this cycle, nearly a 4x increase.
Comparison: Sui vs Solana
So which project is better? Maddie sees Solana as the more established and safer option. It has deep liquidity, a proven track record, and strong foundations in DeFi, NFTs, and now ETFs. For conservative investors, SOL is likely the better short-term choice.
Sui, on the other hand, is newer, faster-growing, and full of innovation. It has a smaller market cap and more upside potential. Maddie believes it could close the gap with Solana over the long term if it stays consistent. Its object-centric architecture, cheaper storage solutions, and explosive DeFi growth make it one to watch closely.
Both projects are major players in the current cycle. Whether you're looking for stability and slow but steady gains, Solana may be your pick. If you're seeking higher returns and willing to take on more risk, Sui could be the choice. The comparison between Sui and Solana is far from over.
