Solana and Sui are high-performance Layer-1 blockchains with distinct architectures impacting their market positions.
Solana’s monolithic design, leveraging Proof-of-History and Proof-of-Stake, delivers high throughput and low fees, making it a leader in DeFi and NFT markets with a mature ecosystem and institutional backing. However, reliability issues like network outages may pose challenges.
Sui’s object-centric model and parallel transaction processing offer high scalability and security, which makes it as a strong contender for gaming and Web3 applications.
Still, its newer ecosystem and smaller developer base limit its immediate impact.
While Solana holds a dominant position today, Sui’s innovative architecture and rapid growth suggest it could challenge Solana in specific niches, with both likely to coexist by serving different use cases in the evolving Layer-1 landscape.
Ryan Lee, Chief Analyst at Bitget Research
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