Here’s Why SUI Could Be The New Solana of This Cycle

• Sui blockchain is showing rapid growth, drawing comparisons to Solana’s 2021 breakout.
• Sui has overtaken Solana in some metrics; a spot Sui ETF filing is under SEC review.
• SUI price is in a pullback, with analysts eyeing $2.75 support before a potential rally.

The crypto market loves a new star every cycle, and while Solana (SOL) certainly turned heads in its last bull run, it’s Sui blockchain that’s quickly positioning itself as a top contender this time around. In recent months, Sui has made impressive progress across multiple areas, drawing comparisons to Solana’s breakout in 2021.

Sui’s Ecosystem Is Growing Fast

Analysis shows daily active addresses on the Sui network jumped over 14% from Q4 2024 to Q1 2025 — a clear sign of rising network activity. Sui’s decentralized finance (DeFi) sector is also booming. 

$SUI LENDING PROTOCOLS OFFER 2X THE APY OF SOLANA WITH YIELDS UP TO 12.69% ON STABLECOINS pic.twitter.com/UG3Lh72Nx4

— Giannis Andreou (@gandreou007) June 4, 2025

Daily trading volume on decentralized exchanges (DEXs) built on Sui climbed 14.5% to a record $34.3 million. Lending protocols on Sui are also catching attention, offe…

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