Like Sui, Solana has ventured into Web3 hardware with products like the Saga mobile phone and the Seeker Web3 device. Suiβs SuiPlay0x1 handheld gaming device will join these offerings, helping attract new users, developers, and investors to the blockchain ...Read more
Shiraverse Latest Questions
Sui is launching the worldβs first Web3 handheld gaming device in 2025. This product could help Sui become a key player in the Web3 gaming industry, with preorders already underway. The device will offer both traditional and Web3 games, ...Read more
Total Value Locked (TVL) measures the total dollar value locked or staked within a blockchain. Sui’s TVL is nearing $1 billion, placing it in the top 10 blockchain ecosystems. This growth shows increasing interest from users and developers.
Sui has the potential to surpass Ethereum in the long term, as itβs often viewed as a competitor to both Ethereum and Solana. However, Ethereumβs market cap is currently much larger, and while Sui has promising technology, it faces ...Read more
Sui can process up to 297,000 transactions per second, making it one of the fastest blockchain networks. For comparison, Solana processes around 65,000 transactions per second.
Suiβs market cap is around $4.5 billion, while Ethereumβs is roughly $310 billion. If Sui were to eventually surpass Ethereum, it would represent an 80x increase in market cap, based on todayβs values.
Like any cryptocurrency, Sui is highly volatile. It experienced significant price drops during the crypto “flash crash” in August. Investors should be prepared for price fluctuations and conduct thorough research before investing.
Analysts believe Sui could replicate the rapid growth of Solana, which surged by more than 900% in 2023. While Sui shows promise, there are no guarantees in the volatile crypto market, so potential investors should be cautious.
These terms suggest that Sui has the potential to outperform Solana and even Ethereum in the future. However, these are speculative labels, and while Sui shows great potential, dethroning well-established blockchains like Ethereum will be a significant challenge.
While Bitcoin has delivered massive gains since its inception, Sui is a newer cryptocurrency with unique potential. Sui has nearly doubled in value this year, outperforming Bitcoinβs 50% growth, and has significant room to grow in the Layer-1 blockchain ...Read more