The stablecoin supply of SUI is nearing the 1 billion USD mark, and its monthly growth rate has surpassed that of Cardano.
Is there a leap in the rankings?
Sui [SUI] is quickly attracting the attention of market speculators, who now see it as significantly undervalued compared to long-standing competitors like Cardano [ADA].
Although some skeptics may view this surge in attention as a 'buy the rumor' situation, a deeper analysis of the data reveals the opposite.
Moving up the rankings, one metric at a time.
Just a glance at the 24-hour metrics reveals the change. SUI's TVL (Total Value Locked) in DeFi has increased by 4.74% to 2.838 billion USD, while Cardano's has decreased by 3.82% to 414.92 million USD.
Source: DefiLlama
Looking more broadly, the disparity is stark.
In the past 12 months, SUI has seen a significant surge in user participation, with the number of daily active addresses increasing by 1,770.9% to 1.4 million, while Cardano's activity has declined by 26.2% to just 23.5K.
When considering metrics such as DEX volume, transaction throughput, fee generation, and revenue, SUI clearly outperforms, establishing a strong presence on all fronts.
Furthermore, the stablecoin supply on SUI has risen to a record high of 908 million, increasing liquidity and thus driving staking, farming, and overall network participation.
In conclusion, despite being only two years old, SUI is clearly undervalued compared to the eight-year-old Cardano — a point strongly supported by data-driven trends.
Therefore, the adjustment of Layer 1 dominance is no longer a hypothesis. All signs point to a significant uptick in rankings on the blockchain.
The returns on investment in SUI speak for themselves.
Not just the numbers, but price action is also making its own statement. Both SUI and Cardano have faced market FUD pressure, but it is the recovery that investors are paying attention to.
Considering the monthly gains, SUI surged by 51% — a doubling of value in just 30 days. Meanwhile, Cardano? A modest 5% increase that doesn't stand out.
Certainly, ADA still maintains a 116% gain from its election day lows. Meanwhile, SUI has dropped by over 40% from its peak.
But here’s the noteworthy point — SUI's latest surge has pulled it back to mid-February levels, while Cardano has yet to retest the psychological 1 USD mark.
Source: TradingView (SUI/USDT)
This is when investor sentiment plays a crucial role.
Momentum seekers and infrastructure-based traders are leaning towards SUI — thanks to its structural growth and price resilience.
Therefore, while the battle for L1 dominance is far from over, the message is clear: SUI, despite being young, is actively targeting Cardano's legacy — and this is no longer just a fantasy.
Source: https://tintucbitcoin.com/sui-vuot-mat-cardano-tam-ly-nha-dau-tu-tiet-lo-gi/
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