Crypto analysts are predicting that SUI, the native token of the Sui blockchain, will surpass Solana (SOL) by the end of the 2025 altcoin season. The SUI token has shown significant growth in just a year, with the Layer-1 blockchain gaining popularity within six months of its existence. SUI even played a role in kick-starting the crypto market recovery in Q4 2023.
Despite the overall crypto market not being in a well-defined bull run, SUI’s price has surged by 840% over the past year. Many analysts believe that this is just the beginning, with the current market behavior signaling a potential massive bull run ahead. Market capitalization is also a crucial metric when evaluating the success of a cryptocurrency, and SUI has seen a substantial increase in this area over the last 18 months, reaching nearly $9.5 billion before retracting to $8.46 billion.
In comparison to Solana, SUI still has some ground to cover. Solana reached a $10 billion market cap within a year, a milestone that SUI is approaching in about 18 months. While historical data may show Solana ahead, the future remains uncertain, and SUI’s potential to surpass Solana is still valid. Regardless of the outcome, both SUI and Solana are among the top-performing cryptocurrencies in the current bull cycle.
It is important to note that the information provided in this article is for informational and educational purposes only and should not be considered financial advice. Readers are advised to exercise caution and conduct their own research before making any investment decisions related to cryptocurrencies. Coin Edition does not take responsibility for any losses incurred as a result of actions taken based on the content of this article.