Solana

Date: Wed, Sept 25, 2024, 05:32 AM GMT<a href="https://coinsprobe.com/next-bull-run-begins-in-october-2024-says-crypto-analyst-sui-and-tia-stand-out-as-top-picks/" rel="noopener noreferrer nofollow">Sui Network (SUI)</a>, a rising Layer-1 blockchain, has recently captured the spotlight in the crypto world with a stunning 79% surge over the past 30 days. This impressive rally has even overshadowed Solana (SOL), one of the top Layer-1 blockchains, which saw a dip of more than 5% during the same period.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/84ba9ec706f24ed3a41c1530f6f7ab5a.png" />Source: Coinmarketcap<h3 id="comparing-sui-39-s-price-movement-to-solana-s-2021-bull-run">Comparing SUI&#39;s Price Movement to Solana’s 2021 Bull Run</h3>Crypto trader <a href="https://x.com/Torero_Romero/status/1837130461832794272" rel="noopener noreferrer nofollow">ToreroRomero </a>took to X (formerly Twitter) to highlight the similarities between SUI&#39;s current price movement and Solana&#39;s legendary 2021 bull run. His technical analysis shows that SUI is mimicking Solana’s explosive growth pattern in late 2020, when SOL skyrocketed from around $1 to over $10. Based on this comparison, he believes that SUI could potentially soar above $4 in the coming months, following Solana&#39;s bullish trajectory.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/8d41f3c27cb34853859b9f68baa48244.jpeg" />Credits: ToreroRomero<h3 id="investors-betting-on-sui-39-s-future-potential">Investors Betting on SUI&#39;s Future Potential</h3>Supporting this view, crypto investor <a href="https://x.com/vajolleratzii/status/1838666040525623618" rel="noopener noreferrer nofollow">&#64;vajolleratzi</a>i shared a chart comparing SUI and SEI to Solana’s 2021 rally. He mentioned, “I bought $SOL at $0.60 at the bottom of the last cycle, and I’ve been buying $SUI and $SEI down here expecting more of the same.”<img src="https://academy-public.coinmarketcap.com/optimized-uploads/dc8fed0d0ca04731b42615a229b14007.jpeg" />Credits: vajolleratzii<h3 id="sui-s-key-advantages-over-solana">SUI’s Key Advantages Over Solana</h3>Adding to the excitement, another trader, <a href="https://x.com/baller0x/status/1837840600839675958" rel="noopener noreferrer nofollow">&#64;baller0x</a>, noted that SUI has some key advantages over Solana, stating, “$SUI is 12 seconds faster and can process 250k more transactions per second.”<img src="https://academy-public.coinmarketcap.com/optimized-uploads/8c0b48e39c7c4226bc3f4b37cdbe3cea.jpeg" />Credits: baller0xWith such strong momentum and comparisons to Solana’s historic run, many are wondering if SUI could be gearing up for a similar breakout. However, as always in the crypto world, it’s crucial to remain cautious and do your own research before jumping into any investment.Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.Related Article: <a href="https://coinsprobe.com/sei-breaks-out-with-60-weekly-gains-is-more-rally-on-the-horizon/" rel="noopener noreferrer nofollow">Sei Breaks Out with 60% Weekly Gains: Is More Rally on the Horizon?</a>

Sui Network (SUI): Are We Seeing a Solana-Style 2021 Bull Run Repeat?

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