Analysts at K33 Research suggest that Sui Network could be a rival to Solana. In a research note dated September 18, DeFi analyst David Zimmerman noted that Sui’s performance and upcoming game console launch could put it at the top of the list of alternative layer-1 (L1) networks.
Sui has a theoretical maximum transaction speed of 297,000 TPS, while Solana has 65,000 TPS. However, in practice, these figures are lower. Sui needs to increase its daily average TPS and attract users and capital.
Sui’s token supply is also an important factor. Only 27% of the total supply is in circulation, which could create significant selling pressure in future token unlocks.
Sui’s upcoming game console, SuiPlay0x1, could offer special rewards for users. However, Ethereum’s position is still solid.
Do you think Sui could be a rival to Solana? Share your thoughts in the comments.