K33 Research: SUI may soon become Solana's top competitor
ChainCatcher news, according to Cointelegraph, K33's DeFi analyst David Zimmerman stated that SUI could soon become a strong competitor to Solana. The performance of Sui compared to Solana, combined with its architecture and upcoming gaming machine, may make it the top contender in the "alternative L1". Solana often vies for people's attention in the L1 battle, but since August, SOL/ETH has risen by 6%, while SUI/SOL has increased by 115% during the same period.
Although he admits that Sui's recent excellent performance is largely likely due to broader "mispricing", David Zimmerman said that Sui certainly possesses the right factors supporting its recent price increase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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