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Is This the Crypto That Will Overtake Solana?
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Over the years, we’ve heard about the multiple “Ethereum killers” (a cringeworthy term), most of which have come and gone.
Now that SOL has cemented itself as a top-10 crypto and presents itself as a major competitor to ETH, the “Solana killer” narrative has emerged during this bull cycle.
Many crypto news sources include Sui (SUI) in this category. This crypto could be poised for a significant price increase and has been one of the most hyped projects over the past 12 months.
We’ll look at various features of this network, relevant news, and significant partnerships to monitor. I’ll share my thoughts about this towards the end.
Let’s begin.
Project and token info
Sui is a “decentralised, permissionless (public) layer-1 network and smart contracts platform” founded by developers at Mysten Labs, a California-based blockchain and Web3 infrastructure firm.
Many from this entity are former Facebook employees who created the Move programming language, designed for the now-defunct Diem stablecoin project…