K33 Research: SUI may soon become Solana’s top competitor

This article is machine translated
Show original

ChainCatcher news, according to Cointelegraph, K33's DeFi analyst David Zimmerman said that SUI may soon become a strong competitor to Solana. Sui's performance relative to Solana, combined with its architecture and upcoming game consoles, may make it the top contender in the "alternative L1". Solana often competes for attention in the L1 war, but since August, SOL/ETH has risen 6%, while SUI/SOL has risen 115% over the same period.

While he acknowledged that much of Sui’s recent outperformance could be attributed to wider “mispricing”, David Zimmerman said Sui “certainly” had the right factors in place to support recent price gains.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments