Crypto Twitter is searching for the “next Solana” as SOL hits new all-time highs, Blockworks reports. MoveVM chains Sui and Aptos are in the spotlight.
Sui has surpassed Aptos in market capitalization and price performance. Despite a brief outage yesterday, the price quickly rebounded. The TVL and number of active dapps of the two are similar, with Sui having 44 and Aptos having 49.
Sui’s DEX trading volume has tripled since September, with fee income reaching $1.1 million in October, far exceeding Aptos’ $196,000.
In the traditional finance sector, Ondo deployed USDY products on both chains, with $15.7 million on Aptos and $8.3 million on Sui. Aptos announced BlackRock’s deployment of its RWA BUIDL fund, while Sui partnered with Franklin Templeton.
In terms of hardware, Sui launched the gaming console SuiPlay0x1 in collaboration with Team Liquid; Aptos introduced the JamboPhone smartphone.
