🚫"Sui cannot compete with Solana"
Solana (SOL) is a fast, decentralized, and scalable blockchain platform that enables the creation of decentralized applications (dApps). It uses a proof-of-stake (PoS) consensus algorithm and has a high transaction capacity.
Sui (SUI), on the other hand, is a decentralized, open-source blockchain platform developed by Mysten Labs. It is designed to be fast, secure, and scalable, with a focus on low latency and high throughput. Sui uses a proof-of-stake (PoS) consensus algorithm and is built using the Move programming language.
Here's a brief comparison of the two coins:
Solana (SOL)
Market capitalization: Around $60 billion
Current price: Around $160
24-hour trading volume: Around $1 billion
Transaction capacity: Up to 65,000 transactions per second
Consensus algorithm: Proof-of-stake (PoS)
Sui (SUI)
Market capitalization: Around $1 billion
Current price: Around $1
24-hour trading volume: Around $100 million
Transaction capacity: Up to 120,000 transactions per second
Consensus algorithm: Proof-of-stake (PoS)
Please note that the market data is subject to change and may not reflect the current prices or market capitalization. It's essential to conduct thorough research and consider multiple factors before making any investment decisions.#INDIANstock
