I now have a stronger and stronger feeling: it is only a matter of time before Sui surpasses Solana. This is not groundless. Yesterday, Sui network TVL exceeded 1 billion US dollars, setting a record high! At the same time, the price of $SUI also continued to break new highs! It soared more than 40% in a week! It became the fuse that ignited the bull market sentiment!
As we all know, Sui has an innate advantage over SOL. Sui surpasses SOL from the most fundamental theoretical design performance. Sui has all the technical strengths needed to surpass its competitor Solana. Sui's theoretical maximum transaction volume is 297,000 transactions per second (TPS), while Solana's theoretical maximum transaction volume is only 65,000 transactions.
From the financing background, Sui's investment institutions Binance Labs, A16z, coinbase, Jump, and Circle are all top-notch. Grayscale announced the launch of the Grayscale SUI Trust Fund, which is officially open to qualified investors.
Sui's TVL has been ranked in the top three in non-EVM chains, with TRON and SOL in the top two. Frequent media appearances, support from bigwigs and strong price trends have been the focus of the industry recently. Many meme teams on Sol can't help but come here.
Recently, there has been a very important event, that is, the native USDC will be issued on the Sui public chain, and the total issuance of USDC exceeds 35 billion US dollars.
VISA's report shows that stablecoins are penetrating the global economy, settling trillions of dollars worth of assets every year. About 20 million addresses on the chain conduct stablecoin transactions every month. More than 120 million addresses on the chain hold non-zero stablecoin balances. Stablecoins have created a new financial system parallel to traditional financial infrastructure-and five years ago it just started from near zero. Now the combination of stablecoins and Sui will set off a storm again!
After Sui has stablecoins, using zklogin technology, you can create a Sui wallet with a Google account, opening a shortcut for Google's 2.57 billion users worldwide to enter the Web3 world. Therefore, the issuance of USDC on Sui will have a profound impact on the development of Sui and is of great significance!
Another positive is that Sui developer Mysten Labs announced the launch of a decentralized storage network Walrus to provide support for blockchain applications and autonomous agents. Walrus has the advantages of low-cost data storage, high availability and security.
With so many positive factors, I deeply feel that the long-term potential of SUI is worth looking forward to, and it is only a matter of time before it surpasses SOL.