- Sui’s bullish setup sparks hype: A cup-and-handle pattern on the SUI/SOL chart has traders eyeing a potential breakout, with some predicting SUI could hit double-digit prices and outperform Solana in the near future.
- Solana still dominates fundamentals: Solana leads in total value locked, revenue, and ecosystem activity, but SUI’s growing momentum and expanding DeFi landscape could attract capital rotation.
- Momentum vs. fundamentals: Despite Solana’s strength, crypto markets often follow momentum. If SUI breaks out soon, it could shift attention and liquidity away from Solana.
The fight for top dog status in the layer 1 blockchain world just got a little more heated—Sui is starting to make serious waves, and some folks think it might even outpace Solana in the coming months. Analysts have been eyeing a cup-and-handle pattern on the SUI/SOL weekly chart, and let’s just say… things are starting to look spicy.
This technical setup, which usually shows up right before a big upward move, has traders buzzing. The theory? If SUI plays its cards right, we might be talking double-digit prices pretty soon. Solana, meanwhile, might be nearing the tail end of its current rally.
“SUI Will Leave SOL in the Dust”
That’s the bold claim from one popular trader on X (yeah, still feels weird not calling it Twitter). According to his chart work, SUI is about to take off, and this current formation is the launchpad. He’s calling for SUI to soar past its rivals, with the SUI/SOL ratio tilting strongly in Sui’s favor.
His take? SUI is headed to the moon—maybe double digits—while SOL might top out somewhere between $190 and $230, which would be a lower high compared to past cycles.
Fundamentals Say One Thing, But Momentum Says Another
Let’s not sugarcoat it—Solana is still a monster in the metrics department. With over $9.2 billion locked in DeFi, 24-hour chain fees at $13.1 billion, and a hefty $75 billion market cap, SOL clearly isn’t fading into obscurity. Compare that to SUI’s $1.86 billion TVL and $11.39 billion market cap… and yeah, there’s still a big gap.
But here’s the twist—momentum in crypto? It often matters more than fundamentals. SUI is trading at $3.42 right now, and with a fully diluted valuation of just over $34 billion, a breakout could flip the narrative quickly. That cup-and-handle setup might just be the start of something big.
SUI’s Ecosystem Is Heating Up
One thing adding fuel to the fire is the steady growth in Sui’s ecosystem. Inflows are increasing, albeit modestly—just $140K in the last 24 hours, compared to Solana’s $4.3 million. Not exactly apples to apples, but growth rate-wise, SUI’s catching some attention.
Its app revenue is clocking in at $122K a day, not too shabby for an emerging platform. With more capital coming in and DeFi starting to gain traction, it’s not hard to imagine SUI creeping into the limelight next cycle.
Final Thoughts
It’s shaping up to be a layer 1 showdown. If SUI breaks out of this bullish pattern with real momentum, we could see some capital rotate out of SOL and into SUI. But hey—crypto’s unpredictable, and a lot can change in a few weeks.
Still, if you’re watching this space closely, the SUI/SOL chart might just be your best friend right now.
