SUI recently surged 49% and now trades at $1.62, making it the biggest gainer among the top 25 coins, with analysts speculating that it could potentially overtake Litecoin (LTC). SUI is challenging its March high of $2.09 and could overtake LTC, currently ranked 20th, if it maintains its upward trend.
Although LTC is more affected by Bitcoin's movements, SUI's independent performance shows greater market potential. However, SUI’s gains have been accompanied by increased exchange inflows, and while a pullback is likely in the short term, the chances of overtaking LTC will significantly improve if the $1.70 support level can be held.
Overall, the growth rate and transaction volume of SUI far exceed that of LTC. If this trend continues, the possibility of SUI replacing LTC will increase.
