This week nearly 27% of $SOL's outflows last month have moved to $SUI, and it’s easy to see why:
🔹 SUI has sustained over 1,000 TPS for three consecutive days.
🔹 Market cap skyrocketed from $2B to nearly $6B, now ranking 18 on CMC.
🔹 SUI recently rolled out Mysticeti, a new consensus protocol that makes it the fastest chain with transactions taking under half a second.
This momentum shows no signs of slowing down.
Key factors driving this shift:
1️⃣ Strong Utility:
SUI’s capabilities are attracting developers and investors.
2️⃣ Innovative Ecosystem:
Positioned as a critical player in the evolving blockchain landscape.
3️⃣ Engaged Community:
A passionate user base fostering growth and collaboration.
My take: As $SUI continues to gain traction, we could see even more outflows from $SOL and continued upward movement for @SUINetwork.