$SOL
Comparison between (Solana) and (Sui).
*Origins and Team*
Solana was founded in 2017 by Anatoly Yakovenko, a former Qualcomm engineer, with the goal of creating a decentralized competitor to centralized stock exchanges. On the other hand, Sui was founded in 2021 by a team of developers who previously worked on Facebook's Libra project.
*Technology and Scalability*
Solana uses a Proof-of-Stake (PoS) blockchain with a unique component called Proof of History (PoH), which enables it to process thousands of transactions in parallel. Solana can theoretically handle up to 200,000 transactions per second, with plans to increase this to 1 million TPS with the introduction of the Firedancer validator client.
Sui, on the other hand, operates on a Delegated Proof-of-Stake (DPoS) blockchain, capable of processing up to 297,000 transactions per second. Sui's object-based model and Move programming language allow for faster processing and parallel execution of transactions.
*Transaction Speed and Finality*
Solana's transaction finality can take up to 12 seconds, while Sui's transaction finality is significantly faster, at just 390 milliseconds.
*Ecosystem and Adoption*
Solana has a more established ecosystem, with 334 decentralized applications (dApps), 5 million active wallets, and a total value locked (TVL) of $6.5 billion. Sui, on the other hand, has 90 dApps, 1 million active wallets, and a TVL of $1 billion.
*Current Prices*
As of May 25, 2025, Solana's current price is around $173.45, while Sui's current price is around $3.63.
Overall, both Solana and Sui have their strengths and weaknesses. Solana has a more established ecosystem and a stronger focus on institutional adoption, while Sui boasts faster transaction speeds and a more innovative approach to scalability.
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