Solana

<p>SUI is, without doubt, one of the hot stories in crypto in recent weeks. It reminds many of what Solana was this time last year.</p>
<p>However, despite these big pumps, SUI’s market cap is now at $5 billion, while Solana’s sits at over $80 billion.</p>
<p>Ever since this SUI run started, analysts on X have been speculating that Sui could flip Solana in the next few years or even sooner. However, crypto trader “Choze” weighed in on this topic and warned Sui holders and users.</p>
<h2 class="wp-block-heading" id="the-numbers-tell-a-different-story">The Numbers Tell a Different Story</h2>
<p>Looking at <a href="https://solscan.io/analytics" target="_blank" rel="noopener noreferrer nofollow">the on-chain metrics</a>, there’s a significant gap between the two networks. Solana’s daily fees have reached an impressive $4.1 million, while Sui generates just $27.7K in fees. The revenue numbers paint a similar picture, with Solana bringing in $2 million compared to Sui’s modest $7.5K.</p>
<p>When it comes to daily transactions, <a href="https://captainaltcoin.com/how-much-will-solana-sol-be-worth-at-the-peak-of-the-bull-run/" target="_blank" rel="noopener noreferrer nofollow">Solana maintains a steady flow</a> of around 45.4 million transactions per day. While Sui did experience a brief spike to 60 million transactions, it quickly returned to its baseline of about 5 million daily transactions.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SUI</a> needs a long time to surpass <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a>.<br><br>The debate about whether <a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SUI</a> will become a <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> killer is still going on, especially lately with <a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SUI</a> getting a lot of attention.<br><br>But one thing’s clear, <a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SUI</a> will take a long time to truly outperform <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a>.<br><br>Replacing Solana is really… <a href="https://t.co/CU13QU4meu" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/CU13QU4meu</a></p>— Choze <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f47d.png" alt="👽" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@AlwaysBeenChoze) <a href="https://twitter.com/AlwaysBeenChoze/status/1849290395957743801?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 24, 2024</a>
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<h2 class="wp-block-heading" id="active-users-and-network-activity">Active Users and Network Activity</h2>
<p>The disparity in user engagement is equally notable. Solana boasts approximately 9.4 million daily active addresses, showing consistent growth in user activity. In comparison, Sui currently has about 1.3 million active addresses.</p>
<p>Choze suggests that rather than focusing on overtaking Solana, Sui might be better served by finding its own niche in the crypto ecosystem. The trader points out that success in the blockchain space isn’t necessarily about becoming a “killer” of another platform, but rather about developing unique strengths and use cases.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/how-much-will-sui-be-worth-in-2025-if-bitcoin-price-hits-100k/" target="_blank" rel="noopener noreferrer nofollow">How Much Will SUI Be Worth in 2025 If Bitcoin Price Hits $100k?</a></strong></em></p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/analyst-skeptical-sui-is-a-solana-killer-heres-what-needs-to-happen-for-sui-to-flip-sol/" rel="noopener noreferrer nofollow">Analyst Skeptical Sui is a ‘Solana Killer’ – Here’s What Needs to Happen for SUI to Flip SOL</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Analyst Skeptical Sui is a ‘Solana Killer’ – Here’s What Needs to Happen for SUI to Flip SOL

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