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

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September 19, 2024
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Sui Could Soon Be a Strong Competitor to Solana, Says DeFi Analyst

According to a Cointelegraph report, David Zimmerman, a DeFi analyst at K33, believes Sui could soon become a formidable competitor to Solana. Sui's performance relative to Solana, combined with its architecture and upcoming gaming engine, could make it a top contender among "alternative L1s."

Solana has consistently been vying for attention in the L1 battleground. However, since August, SOL/ETH has risen 6%, while SUI/SOL has surged 115% during the same period.

While Zimmerman acknowledges that Sui's recent performance might be largely attributed to broader "mispricing," he asserts that Sui "definitely" possesses the right factors to justify its recent price surge.

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