According to the new report published by Grayscale Research, Layer1 Blockchain, Ethereum $2,074.03It can gradually get a share of. The report states that SUİ attracts attention with its high transaction volume and low trading costs. The report says Grayscale has a small share in the intelligent contract platform index, but it can have a competitive advantage in the future with its technological superiority.
Sui Coin Future
Grayscale emphasized that SUİ works without the need for other scaling layers and that this feature offers a more efficient network experience. The report, SUİ’nin in terms of transaction fees and transaction speeds in the market stands out. However, the network in question is in a different position when Ethereum has a large market value.
Different experts draw attention to the fact that Layer2 solutions attract the user base as the reason for Ethereum price weakness, but ETH L2 solutions indirectly benefit Ethereum network. The situation is different for alternatives like water, and they completely attract users from Ethereum.
Comparison of sui and ethereum
According to the analysis, SUİ’s fully diluted value is approximately 25.9 billion dollars, while this value of Ethereum is around $ 242.9 billion. In addition, the total locked value of SUİ (TVL) is approximately $ 830 million, according to the report, the market value was reported as approximately 1.8 billion dollars. This shows that SUİ’s TVL/market value ratio is lower than its competitors.
“Despite the intense competition in the smart contract platform sector, Grayscale Research believes that Sui is the third generation of Blockchain that can take a share from Sunday leader Ethereum over time. – Grayscale Research
The report said SUİ’s advanced technical infrastructure can contribute to wider application areas.
Grayscale’s report offers a data that users and market analysts can consider the potential of innovative block chains. The data examined reveal Sue’s technological advantages comparatively with today’s market conditions. In the future, the performance values of the network are expected to be effective on investor preferences.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
