Recently, SUI has shown remarkable growth, significantly outperforming Solana in key financial metrics. How has SUI become a more attractive investment than Solana, and what prospects await investors?
Comparative Price Analysis of SUI and Solana
Since August, the price of SUI has surged nearly 700%, while SOL has seen a growth of about 120%. Analyst CryptoBullet has noted that SUI continues to exhibit positive price trends.
Market Capitalization and Investment Comparison
Unlike Solana at a similar growth stage in 2021, SUI has already reached a market cap of $10 billion. There is also significant growth in Total Value Locked (TVL), which has reached $1.6 billion, far surpassing Solana's numbers during the comparable timeframe.
Role of Bitcoin in SUI and Solana Development
SUI’s price increase is happening alongside a rise in Bitcoin dominance, contrasting with Solana’s situation in early 2021. This fact may indicate further growth potential as Bitcoin's dominance eases.
SUI shows strong positions in the crypto market, outperforming Solana in several key metrics. Investors remain interested in this cryptocurrency due to its steady growth and potential for further development.
