Sui vs Solana: Is SUI Emerging as the Next Institutional Favorite?
SUI surpassed Solana in institutional inflows, attracting $14.7 million in April while Solana saw $14 million in outflows, signaling growing institutional interest in SUI.
The contrasting performance of Grayscale’s SUI Trust (+71.8%) and Solana’s Trust highlights differing demand and market sentiment for the two assets.
Despite SUI’s impressive 56.6% rise in April, Solana’s larger market cap ($73 billion) maintains its dominance.
April proved to be a crucial turning point for SUI as it surpassed Solana in terms of institutional inflows. SUI attracted $14.7 million in inflows. Meanwhile, Solana saw $13.9 million in outflows during the same period.
Even year-to-date, SUI is giving tough competition to Solana, with inflows of $72 million. This shift in investor sentiment could indicate a broader change in the market, signaling that institutions are favoring SUI over its well-established counterpart.
SUI vs Solana Institutional Flows. Source: CoinShares
The trend is particularly interesting, given the performance of both assets. While Solana has long been seen as a strong player in the blockchain space, SUI’s recent rise suggests that investors may be diversifying across leading platforms.
