Sui vs Solana: Rising Contenders in the Blockchain RaceSui vs Solana: Rising Contenders in the Blockchain Race 🚀
Going to start this with my personal view:
In my view, both Sui and Solana are making impressive strides but will likely settle into the same category as Cardano and a few other notable Layer 1s: the Top of the ALTS3 category. While they are undoubtedly powerful players in terms of technology, scalability, and partnerships, they still have a long way to go before approaching the established dominance of Bitcoin and Ethereum. These two titans remain in a league of their own, setting standards for resilience, decentralization, and global adoption. As the blockchain ecosystem continues to expand, I expect Sui, Solana, and similar projects to find their niche as prominent altcoins, but the gap between them and the BTC-ETH stronghold will remain significant—for now.
Now let's jump into details:
Ethereum's scalability limitations (had) opened the door for “Ethereum killers,” but we saw Ethereum acting and I do expect Eth to be the undisputed number 2 in this race.
At this stage, the competition is heating up for “Solana killers.”
Sui, backed by cutting-edge technology and robust funding, is emerging as a significant contender against Solana. Let’s dive into why Sui is catching everyone’s attention, its potential impact on the market, and how it stacks up against Solana.
The Core Differences: Tech and Transaction Speeds ⚙️
Solana utilizes a hybrid Proof-of-Stake (PoS) and Proof-of-History (PoH) approach, enabling speeds of up to 200,000 transactions per second (TPS), with potential upgrades (like the Firedancer validator) to push TPS to 1 million. Solana’s architecture supports a wide range of applications, especially for institutional partnerships like Visa and PayPal, but it has faced reliability issues like network congestion and outages.
Sui, built by former developers from Facebook's Libra project, leverages an Object-Based Model and Delegated Proof-of-Stake (DPoS). Its parallel processing structure allows for 297,000 TPS with a transaction finality of just 390 milliseconds—considerably faster than Solana’s 12 seconds. Sui’s distinct programming language, Move, focuses on high efficiency and ease for developers, reducing bottlenecks and paving the way for advanced applications, especially in Web3 gaming.
Ecosystem & Adoption 🌐
Solana has the upper hand in terms of established infrastructure, with over 334 DApps, 5 million active wallets, and a $6.5B TVL (Total Value Locked) across DeFi projects. Sui, although newer, has shown impressive growth with 90 DApps and 1 million active wallets. It’s carving a niche, particularly in the Asian market, partnering with giants like Alibaba Cloud and NHN.
The recent launch of the SuiPlay0X1 gaming device underscores Sui’s focus on gaming and entertainment, integrating both Web2 and Web3 elements. Meanwhile, Solana’s focus on institutional use cases with devices like the Saga phone shows its commitment to decentralized finance (DeFi) and payments, reinforced by major partnerships.
Tokenomics & Investor Sentiment 📊
Solana’s tokenomics initially faced criticism for heavy allocations to insiders, sparking concerns over centralization. However, it managed to sustain investor confidence, achieving a 90x increase during the 2021 bull run. Sui’s tokenomics, with 50% allocated to community reserves, aims to decentralize its control and support sustainable growth. Sui raised $336 million from backers, including a $100 million stake from FTX (subsequently repurchased), emphasizing strong financial support even after the FTX collapse.
The Path Ahead: Coexistence or Conquest? 🤔
Both Solana and Sui face challenges: Solana’s hurdles include network reliability and competition from new L1s, while Sui's risks involve reliance on the untested Move language and a concentrated focus on the Asian market. Each has unique strengths—Solana in institutional DeFi and Sui in scalable gaming and retail adoption.
Ultimately, rather than a winner-takes-all scenario, Solana and Sui may coexist, serving distinct markets and use cases. This diversity could benefit the crypto ecosystem as a whole, maintaining the decentralized ethos of blockchain technology by preventing any single chain from monopolizing the landscape.
One Love,
The FXPROFESSOR 💙
SUIUSDC_A701A9.USD trade ideas
SUIUSD Dang itSo, if anyone can help me out, this is more of a user issue. I always seem to sell to early can anyone tell me how I can adjust my order to only sell half so that I can leave the remainder to collect profits. Any help would be greatly appreciated.
Also, we saw a great breakout I hope everyone is enjoying their new Lambos.
SUI Sui is designed for fast transactions and low latency, making it ideal for applications such as gaming and retail payments. It is a permissionless, decentralized platform that utilizes the Move programming language for asset management.
The SUI token serves multiple purposes within the ecosystem. It incentivizes validators to secure the network and validate transactions, as well as being required to execute transactions on the Sui blockchain. Additionally, SUI is used to pay for transaction fees and operational costs.
Furthermore, SUI token holders have governance rights, allowing them to vote on network upgrades, with each vote weighted according to the number of staked tokens.
I believe a price point of at least 5 USD will be achieved within 1-4 months with only minor pullbacks along the way. But with all things considered market could tear itself a new arsehole in that time and fuck everything up.
COINBASE:SUIUSD
CRYPTOCAP:SUI
CRYPTO:SUIUSD
SUI Inverse Head and Shoulders Patternhe Head and Shoulders Bottom is a major reversal pattern that forms after a downtrend. A completion of the pattern marks a trend change. The pattern contains three successive troughs with the middle trough (head) being the deepest and the two outside troughs (shoulders) being shallower. Ideally, the two shoulders would be equal in height and width. The reaction highs in the middle of the pattern can be connected to form resistance, or a neckline. To measure the projected rise in price measure the neckline depth of the head to a line that intersects the two shoulders. In this case the measured move is approximately 4.00 dollars. Do your own research and happy investing.
SUI has broken out from a cup and handle formation.This is SUI on the daily candle chart. It has broken out of a cup and handle chart.
Cup. The cup should be U-shaped and resemble a bowl or rounding bottom. A V-shaped bottom would be considered too sharp of a reversal to qualify. The softer “U” shape ensures that the cup is a consolidation pattern with valid support at the bottom of the “U.” The perfect pattern would have equal highs on both sides, but this is not always the case.
Cup Depth. Ideally, the depth of the cup should retrace 1/3 or less of the previous advance. However, the retracement could range from 1/3 to 1/2 with volatile markets and over-reactions. In extreme situations, the maximum retracement could be 2/3, which conforms with Dow Theory
Handle. After the high forms on the cup's right side, a pullback forms the handle. Sometimes, this handle resembles a flag or pennant that slopes downward; other times, it's just a short pullback. The handle represents the final consolidation/pullback before the big breakout and can retrace up to 1/3 of the cup's advance, but usually not more. The smaller the retracement, the more bullish the formation and the more significant the breakout. Sometimes, it's prudent to wait for a break above the resistance line established by the highs of the cup.
Duration. The cup can last from one to six months, sometimes longer on weekly charts. The handle can last from one week to many weeks and is ideally completed within one to four weeks.
Volume. There should be a substantial increase in volume on the breakout above the handle's resistance.
Target. The projected advance after breakout can be estimated by measuring the distance from the right peak of the cup to the bottom of the cup.
Sui , the competitorUpdating charts consuming my energy or else i became lazy recently lol , here we have sui in a upward channel with the price close to the top although I’m not completely sure we’re gonna have a retrace from here but just in case i drew super cheap accumulation rectangle in blue for you beloved sharkie lads .first i started accumulation in 0.58 and still holding to see what market will do in the coming months, close to 20$ is my peak bull tp but will update in time .
Stay safe .
$2 in sightI get the feeling when round resistances break down, the upside is more than a few cents. Sometimes people even go 'why the f not $3 or $5 then!?'.
A little pullback would be in order after consecutive green days.
Bigly hyped coin, trend is absolutely positive.
I understand Chinese New Year lasts 9 more days? Does that mean the Chinese have lots of appetite for trying to score a win in the crypto casino?
2 months to BTC halving and even more to a big SUI unlock. If I get the entry wrong, there's time to make up for it.
Log scale shows no slowing down.
SUI - PRICE DISCOVERYLet's go back to talking about SUI, but this time without a doubt, as we have seen, the most favorable scenario for the crypto world is occurring, the US elections have caused Bitcoin to enter price discovery, thus making the bullish trend official. In these cases the wisest thing to do is to find those coins that have been stronger than BTC during the cycle and here the choice is quite easy, SUI has performed better than any other L1 this cycle and continues to do so following the trend of BTC, the chart is very similar, there was a breakout entering price discovery months ago, deviation down and then returning again to ATH invalidating the deviation. That said, I am convinced that it will be the best bet for this cycle, I have personally tried the whole ecosystem and it works even better than Solana (the direct competitor for the title of best smart contract platform). In an ideal scenario, it could close this cycle at $50, let's see...
SUIUSD Just take your time no rush BUT. . .You better hurry. I don't feel like waiting Honestly. So, I did see a bullish flag, but I might be tripping and looking too deep into it. But it is getting to a point where I need to see you perform. But seeing the candle stick pattern I'm thinking might just see a full-on reversal honestly. But we will be vigilant and watch and wait.
Will SUI price hit $3?Breakout Rally: SUI is showing a strong breakout from a falling channel, which has triggered a bullish rally.
Support & Trendline: Price is finding reliable support at the 50-day EMA and a new ascending support trendline.
Morning Star Pattern: The recent 16.82% jump formed a massive bullish engulfing candle, suggesting a bullish continuation.
Fibonacci Levels: SUI is challenging the 100% Fibonacci level; next targets are set at $3 (1.272) and $4.80 (1.618).
RSI Strength: Bullish momentum is evident as the RSI surpasses the 14-day SMA, approaching the overbought zone.
Rounding Bottom Formation: A completed rounding bottom reversal pattern hints at strong underlying bullish sentiment.
Psychological Resistance at $2: There is a constant struggle to maintain price action above the psychological $2 level, which is crucial for further gains.
Positive EMA Alignment: Daily EMAs (50, 100, 200) are positively aligned, reinforcing the uptrend.
Potential Pullback Zones: In a bearish scenario, the next support levels are near $1.85 at the support trendline and the 50-day EMA at $1.7303.
Volume Surge: A significant uptick in trading volume indicates strong buying interest, further supporting the bullish outlook.
Is SUI the SOLANA killer?A lot of talk has been going around about Sui's (SUIUSD) long-term potential and many have gone as far as to compare it with Solana (SOLUSD), claiming it is a threat to the already established token. But is Sui really the new Solana?
We've made today's comparison for those people in an attempt to find any technical similarities between the two. The time-frame is 1W and as you can see, we compare Sui's price action from its start (May 2023) with SOL's from the first trading day back in April 2020.
As you can see, Sui has started off in quite similar fashion as Solana back in the day: initial correction, then big rally into a Bull Flag (dotted Channel Down). This gave Solana way to an even bigger rally, which after another Bull Flag, it peaked just above the 2.618 Fibonacci extension in early November 2021.
Sui is so far enjoying the first post Bull Flag rally, by making a new All Time High (ATH). Their 1W RSI sequences are also fairly similar. We expect the recent 2-week pull-back to resume the uptrend and as long as the 1W MA50 (blue trend-line) holds and continues to offer support, attempt to reach as high as possible within a 1-year time-frame.
If that's on the 2.618 Fib, as Solana did, then look towards a $40.00 Target. Now would that make Sui the Solana killer? No, but it will be interesting to see if it will indeed follow in its footsteps.
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SUIUSD will fall!?I think it will fall due to the false break out and I think it will create a new resistance or test the old one before making any more significant runs I do not think the bull run will continue. But I guess we will see. Feel free to let me know in the comment section I will engage.
Amid Intense Pullback, Will SUI rise again?SUI price has dipped 2.66% in the last 24 hours, falling below the $2 psychological mark to $1.90, with a market cap of $5.29 billion.
The daily chart shows a rounding bottom pattern, but the price faced resistance at $2.07, forming an evening star pattern after a 1.51% drop.
Key EMAs (50-day, 100-day, 200-day) remain bullish, acting as dynamic support.
MACD and signal lines indicate uncertainty, moving sideways without clear momentum.
A bearish candle hints at further downside, with the next support level at $1.74 based on Fibonacci retracement.
A potential neckline breakout could fuel a 50% rally, pushing SUI to the $3 mark.
SUI targets $3 Amid $2 breakout Current Price: $2.04, reflecting a significant 7.55% increase in the last 24 hours.
Weekly Performance: SUI has surged 8.29% over the past week, demonstrating strong resilience in a fluctuating market.
Recent Chart Patterns: The formation of a bullish engulfing candle indicates heightened buying pressure, positioning SUI to challenge the $2.07 resistance level.
Fibonacci Levels: If SUI breaks above $2.07, it could target the $3.00 psychological mark, representing a 50% upside potential in the short term.
Technical Indicators:
The MACD shows a positive crossover, suggesting strong bullish momentum.
Increasing bullish histograms support the likelihood of continued upward movement.
Market Sentiment: With a market cap of $5.63 billion, SUI's positive momentum amidst a Bitcoin pullback positions it as a potential star for the upcoming October rally.
SUI - Breakout imminent or back to support?Let's talk about SUI; at this moment, it could be the new narrative of smart contracts. It has all the cards on the table to steal the throne from Solana as the new project of the moment. All the factors are in place for this to happen: extremely fast transactions, high trading volume, excellent on-chain volumes, and a constantly growing ecosystem. Aside from fundamental analysis, it has proven to be stronger than its other rivals recently, and the resistance and support levels are very clear. Personally, I would like to buy around $0.4, but if I don't have the opportunity, I will wait for the breakout/retest. In my opinion, it is not the right time to open positions; I am observing for now.
DO NOT MISS SUI RUN NYSE:SUI has finally woke up, for those who missed the breakout, you can hopefully get a pullback in this area to ride the trend towards 2.15 this trade opportunity is a -40% risk for a potential +90%
If you are not comfortable to swing-trade this is not for you, just take go scalp instead of locking money in this trade which may take several weeks. Follow me for more updates!
SUI Bull Run Chances Of Reaching $5SUI Price Skyrockets Amid Bull Run: SUI has experienced a significant price increase, skyrocketing as the crypto market gains bullish momentum.
Streak of Bullish Candles: The uptrend is marked by a series of bullish candles, indicating strong buyer interest and sustained upward pressure on the price.
Challenging Resistance at $1.6785: The SUI price is currently challenging a key resistance trendline near $1.6785, a critical level that coincides with its initial trading price.
Potential Breakout Beyond 78.60% Fibonacci Level: A new breakout could surpass the 78.60% Fibonacci retracement level at $1.7712, paving the way for further gains.
Rounding Bottom Reversal Pattern: On the weekly chart, SUI displays a rounding bottom reversal, signaling a potential long-term trend reversal from bearish to bullish.
Over 100% Returns in Three Weeks: The altcoin has delivered more than 100% returns in the last three weeks, highlighting strong performance and investor confidence.
Surpassing the $1.50 Psychological Mark: The uptrend has successfully crossed the $1.50 psychological barrier, reinforcing bullish sentiment in the market.
Double Bottom Pattern Formation: The rounding bottom hints at a double bottom pattern with a neckline near $1.67, which, if broken, could trigger a significant price rally.
All-Time High at $2.18 as Key Supply Zone: The previous all-time high of $2.18 represents a major supply zone; surpassing this level could accelerate the bull run and lead to new highs.
Current Price and Market Pause: SUI is trading at $1.55 with an intraday drop of 2.04%, indicating a brief pause in the bullish streak but maintaining overall upward momentum.
Golden Crossover Signals Strong Uptrend: A bullish crossover between the 50-day EMA and the 200-day EMA, known as a golden crossover, suggests a strong potential for continued upward movement.
RSI Nearing Overbought Territory: The weekly RSI is approaching the overbought boundary, reflecting increased buying pressure and bullish market conditions.
Targets at $3 and $5 Psychological Marks: Based on Fibonacci extensions and bullish momentum, SUI may target the $3 and $5 psychological levels in the near future.
Historical Bullish October: The crypto market's history of bullish trends in October bolsters the likelihood of SUI reaching its ambitious price targets during this period.
Support Levels at $1.50 and $1.33: Key support levels are identified at $1.50 and $1.33, which could act as strong foundations in case of a price correction.
SUIUSD – Momentum Builds, Next ATH Target at $4.65SUI has recently taken the spotlight with a 27% weekly gain last week and another 8% today, making it one of the top-performing assets in the market. Driven by strong developer activity and a rapidly growing ecosystem, SUI’s performance has been nothing short of impressive. As we analyze its chart, we can see a clear path to the next big move, possibly propelling the price to a new all-time high (ATH).
🔍 Key Technical Levels:
Support: $0.82
Resistance: $2.03 (Primary Target)
Next ATH: $4.65
We’ve accurately called the previous top, which now reinforces the confidence that this new surge could test and break critical levels. Currently, SUI is consolidating well after breaking out of the $1.18 mark, and its bullish momentum looks intact. Traders should watch for key reactions around the $2.03 resistance, as a breakout above this point could set SUI on a rapid course towards the $4.65 ATH.
Why SUI?
SUI’s unique Layer 1 architecture is built for scalability and efficiency, with an emphasis on DeFi, gaming, and NFTs. Its Move programming language provides developers with enhanced security features and efficiency for smart contracts, making it increasingly attractive for new projects. These factors are driving not just price but also on-chain growth, with more developers and dApps building on SUI’s robust ecosystem.
Momentum Explained
According to recent news, SUI’s incredible 27% weekly surge was driven by increasing transaction volumes and key partnerships in the ecosystem. This has attracted attention from both retail and institutional investors, further fueling the rally. As SUI continues to expand its partnerships and upgrade its ecosystem, we could see further upward movement.
Potential Path to $4.65
Looking at the chart, SUI’s ability to maintain support around the $0.82 level has been key to sustaining its momentum. A breakout above $2.03 could lead to a rapid ascent, possibly hitting the next ATH at $4.65. The Fibonacci levels align well with this target, reinforcing the bullish outlook. As the market continues to embrace blockchain solutions optimized for speed and scalability, SUI is perfectly positioned to benefit from the rising demand.
Conclusion
If you missed SUI’s recent rally, there’s still time to catch the next big wave. With momentum on its side, solid fundamentals, and technicals pointing toward new highs, SUI might just be at the start of something bigger. Watch for the next key resistance at $2.03, as a breakout could confirm a swift move toward $4.65.
One Love,
The FXPROFESSOR 💙
SUI is one of my top picks. Take a look at #CRGPT which is my Top one.
SUI price reversal targets $3
SUI's bullish momentum is driven by a rounding bottom reversal and a breakout above the psychological $1.30 resistance.
The price is set to challenge the 1.618 Fibonacci level at $3.00, which would result in a 126% price jump.
The impending golden crossover between the 50 and 200-day EMAs reinforces a strong uptrend signal.
The broader crypto market recovery, fueled by the U.S. Federal Reserve’s rate cuts, is further supporting SUI's upward momentum.