Ratan Tata is a renowned Indian industrialist, philanthropist, and former chairman of Tata Sons, the holding company of the ...
Shiraverse Latest Questions
Like Sui, Solana has ventured into Web3 hardware with products like the Saga mobile phone and the Seeker Web3 device. Suiās SuiPlay0x1 handheld gaming device will join these offerings, helping attract new users, developers, and investors to the blockchain ...
Sui is launching the worldās first Web3 handheld gaming device in 2025. This product could help Sui become a key player in the Web3 gaming industry, with preorders already underway. The device will offer both traditional and Web3 games, ...
Total Value Locked (TVL) measures the total dollar value locked or staked within a blockchain. Sui’s TVL is nearing $1 billion, placing it in the top 10 blockchain ecosystems. This growth shows increasing interest from users and developers.
Sui has the potential to surpass Ethereum in the long term, as itās often viewed as a competitor to both Ethereum and Solana. However, Ethereumās market cap is currently much larger, and while Sui has promising technology, it faces ...
Sui can process up to 297,000 transactions per second, making it one of the fastest blockchain networks. For comparison, Solana processes around 65,000 transactions per second.
Suiās market cap is around $4.5 billion, while Ethereumās is roughly $310 billion. If Sui were to eventually surpass Ethereum, it would represent an 80x increase in market cap, based on todayās values.
Like any cryptocurrency, Sui is highly volatile. It experienced significant price drops during the crypto “flash crash” in August. Investors should be prepared for price fluctuations and conduct thorough research before investing.
Analysts believe Sui could replicate the rapid growth of Solana, which surged by more than 900% in 2023. While Sui shows promise, there are no guarantees in the volatile crypto market, so potential investors should be cautious.
These terms suggest that Sui has the potential to outperform Solana and even Ethereum in the future. However, these are speculative labels, and while Sui shows great potential, dethroning well-established blockchains like Ethereum will be a significant challenge.