According to TechFlow, K33 Research analyst David Zimmerman pointed out in a research report released on September 18 that the Sui network has the potential to become a strong competitor to Solana.
The SUI/SOL ratio has risen 115% since the beginning of August, while SOL/ETH has only risen 6% over the same period.
Zimmerman believes that Sui’s technical strength, architectural design, and upcoming gaming consoles could make it a top “alternative L1” public chain.
It is worth noting that on September 17, stablecoin issuer Circle announced that it would launch USDC on the Sui network. From a technical point of view, Sui's theoretical maximum transaction processing capacity is 297,000 transactions per second, far exceeding Solana's 65,000 transactions per second.
However, Zimmerman also pointed out that Sui faces challenges with token supply, with only 27% of tokens currently in circulation. Nevertheless, the upcoming SuiPlay0x1 gaming console could bring new growth momentum to Sui.
