K33 Research: SUI Could Soon Become Solana's Strongest Competitor

Article is form Jinse
September 19, 2024
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Golden Finance reports that David Zimmerman, DeFi analyst at K33, believes SUI could soon become a strong competitor to Solana. Sui's performance relative to Solana, combined with its architecture and upcoming gaming console, could make it a top contender among "alternative L1s." Solana has frequently vied for attention in the L1 war, but since August, SOL/ETH is up 6%, while SUI/SOL has risen 115% during the same period.

While acknowledging that Sui's recent outperformance may be largely due to broader "mispricing," David Zimmerman says Sui "certainly" possesses the right factors to support the recent price surge.

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