- The charts of SUI and SEI resembled SOL earlier than its 2021 bull run.
- The TVL is rising for all, however which is a greater match for funding?
The altcoin market is booming, with a number of top-performing cryptocurrencies gaining momentum. Two of the standout performers during the last 90 days are SUI Community [SUI] and Sei [SEI], each displaying vital beneficial properties.
SUI has surged over 109%, whereas SEI has risen by 31%, inserting them among the many high 10 performers for this era.
As blockchain know-how continues to advance, SUI and SEI are poised for additional progress in This fall 2024, drawing comparisons to Solana’s [SOL] rally in 2021.
Supply: X
Charts resemble Solana’s 2021 sample
When evaluating their charts with Solana’s, a hanging resemblance emerges. Solana’s 2021 chart sample, which led to its huge 2,500% rally, mirrored the present patterns forming for SUI and SEI.
SUI’s quick transaction velocity, although nonetheless theoretical, has contributed to its market outperformance.
Like Solana in 2021, each SUI and SEI have shaped early highs and lows, and if market circumstances stay favorable, these two belongings might see comparable beneficial properties.
Supply: X
In Solana’s case, it skilled a excessive in early Q3 2021, dipped in late Q3, after which skyrocketed by over 2,500%. SUI and SEI are following this identical sample, suggesting potential for main upward worth motion.
TVL comparability for the three belongings
Trying on the whole worth locked (TVL) throughout these belongings, Solana leads in whole worth locked (TVL) with $5.306 billion, far forward of SUI and SEI, that are comparatively new.
SUI ranks second with $1.116 billion in TVL, surpassing Polygon (POL). SEI’s $534 million lags behind as it’s half of SUI’s TVL. This makes SUI extra interesting than SEI for traders and merchants in search of sturdy commerce alternatives.
Supply: DefiLlama
Regardless of SUI’s and SEI’s latest market entry, they present potential, however Solana stays the clear frontrunner when it comes to attracting worth to its ecosystem, giving it a aggressive edge available in the market.
SUI vs SEI efficiency comparability
When it comes to general market efficiency, SUI’s present worth trades at $1.75, SEI at $0.40, and Solana at $148.
The market cap of SUI is roughly 4 instances increased than that of SEI, standing at $4.69 billion in comparison with SEI’s $1.4 billion.
This means that SUI could be the stronger funding alternative between the 2. SUI’s worth has elevated by 297% year-to-date, barely forward of SEI’s 286% acquire.
Nevertheless, during the last month, SUI has seen an 82% rise, far outpacing SEI’s 33% acquire, positioning SUI because the extra promising asset for This fall.
Supply: Coinpare
SUI and SEI each exhibit sturdy progress potential, with SUI taking the lead when it comes to market efficiency, TVL, and general investor sentiment.
Learn Sui’s [SUI] Value Prediction 2024–2025
Each belongings resemble Solana’s 2021 chart sample, which suggests they may expertise vital beneficial properties if market circumstances stay favorable.
SUI seems to be the extra favorable funding possibility, given its increased worth progress, market cap, and TVL, making it well-positioned for a possible rally much like Solana’s.
