Saturday, November 23

Many crypto analysts have tipped SUI, the native token of the Sui blockchain, to surpass Solana (SOL) before the end of the 2025 altcoin season. They think that SUI will be a leader in the crypto market bull run, like Solana’s in 2021.

SUI has grown a lot even though it has only existed for a year. The Layer-1 blockchain has been adopted by many people after just about six months into its existence. Incidentally, SUI helped start the crypto market recovery in Q4 2023.

SUI’s price has surged 840% in one year, even when the crypto market was not in a well-defined bull run. By all accounts, most crypto analysts consider the digital asset market’s behavior of the past year a preliminary move ahead of the substantive bull run. Such an assumption could imply much higher price targets for SUI.

To measure the success of a cryptocurrency, analysts look at more than just the market price. They also look at metrics like market capitalization, which shows how many people use the cryptocurrency. TradingView’s data reveals just how much SUI’s market cap rose in the last 18 months.

The novel blockchain token’s market cap recently surged to nearly $9.5 billion before retracing to $8.46 billion at the time of writing. This value puts SUI in the 14th position on CoinmarketCap, ten spots behind Solana, which sat in the 4th position at the time of writing, with a $96.7 billion market capitalization.

SUI vs Solana

Despite widespread speculations about SUI’s potential to surpass Solana, historical performance data puts Solana ahead, but not by much. Solana surpassed the $10 billion market cap milestone within one year, a feat SUI is taking about 18 months to achieve.

Read also :SUI Price Surges 70% in a Week, Fuels Speculation of a Move Towards $10

However, past behavior does not always determine future results. Hence, the speculations remain valid and will reveal themselves at the right time. No matter the outcome, SUI and Solana remain two of the best-performing cryptocurrencies of the current bull cycle.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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