- 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 exhibiting vital positive factors.
SUI has surged over 109%, whereas SEI has risen by 31%, inserting them among the many high 10 performers for this era.
As blockchain expertise continues to advance, SUI and SEI are poised for additional development in This autumn 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 placing resemblance emerges. Solana’s 2021 chart sample, which led to its large 2,500% rally, mirrored the present patterns forming for SUI and SEI.
SUI’s quick transaction pace, although nonetheless theoretical, has contributed to its market outperformance.
Like Solana in 2021, each SUI and SEI have fashioned early highs and lows, and if market circumstances stay favorable, these two property might see comparable positive factors.
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 property
Wanting on the complete worth locked (TVL) throughout these property, Solana leads in complete 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 robust 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 out there.
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 occasions increased than that of SEI, standing at $4.69 billion in comparison with SEI’s $1.4 billion.
This means that SUI would be the stronger funding alternative between the 2. SUI’s worth has elevated by 297% year-to-date, barely forward of SEI’s 286% achieve.
Nevertheless, during the last month, SUI has seen an 82% rise, far outpacing SEI’s 33% achieve, positioning SUI because the extra promising asset for This autumn.
Supply: Coinpare
SUI and SEI each exhibit robust development 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 property resemble Solana’s 2021 chart sample, which suggests they may expertise vital positive factors if market circumstances stay favorable.
SUI seems to be the extra favorable funding choice, given its increased worth development, market cap, and TVL, making it well-positioned for a possible rally much like Solana’s.
