🚨🚨🚨Why is SUI called the "Solana Killer"?
Recently, it plans to launch the Mysticeti upgrade to compete with Solana. Market analyst Zoomer Oracle said that this upgrade can make SUI's transaction speed soar to 100,000 TPS.
In this way, SUI has become a strong opponent of the largest layer 1 blockchain, especially in the field of meme coins.
Although SUI has great potential, the market has not yet fully realized this. SUI's approach is very similar to Solana's previous success, so it has become an important competitor to challenge Solana's position as the boss, especially after the market reset.
X market analyst Lucky also said that after Grayscale launched a new fund focusing on investing in SUI, the price of SUI has risen sharply.
Many large institutions have invested in SuiNetwork because of its advanced technology and practical applications.
Back to reality, look at SUI's market value, it has reached 2 billion US dollars, and it is listed on more than 170 exchanges, and its market position is quite solid.
However, its current price is still down a lot from its historical high of $2.17, about 60%. But Grayscale's participation still shows SUI's growing influence in the industry. It seems that SUI may really be a first-tier asset that challenges Solana's position as the boss.
