The post Will SUI or SEI be the next Solana with a 2500% price surge? appeared on BitcoinEthereumNews.com.

The charts of SUI and SEI resembled SOL before its 2021 bull run. The TVL is growing for all, but which is a better fit for investment? The altcoin market is booming, with several top-performing cryptocurrencies gaining momentum. Two of the standout performers over the last 90 days are SUI Network [SUI] and Sei [SEI], both showing significant gains. SUI has surged over 109%, while SEI has risen by 31%, placing them among the top 10 performers for this period. As blockchain technology continues to advance, SUI and SEI are poised for further growth in Q4 2024, drawing comparisons to Solana’s [SOL] rally in 2021. Source: X Charts resemble Solana’s 2021 pattern When comparing their charts with Solana’s, a striking resemblance emerges. Solana’s 2021 chart pattern, which led to its massive 2,500% rally, mirrored the current patterns forming for SUI and SEI. SUI’s fast transaction speed, though still theoretical, has contributed to its market outperformance. Like Solana in 2021, both SUI and SEI have formed early highs and lows, and if market conditions remain favorable, these two assets could see similar gains. Source: X In Solana’s case, it experienced a high in early Q3 2021, dipped in late Q3, and then skyrocketed by over 2,500%. SUI and SEI are following this same pattern, suggesting potential for major upward price movement. TVL comparison for the three assets Looking at the total value locked (TVL) across these assets, Solana leads in total value locked (TVL) with $5.306 billion, far ahead of SUI and SEI, which are relatively new. SUI ranks second with $1.116 billion in TVL, surpassing Polygon (POL). SEI’s $534 million lags behind as it is half of SUI’s TVL. This makes SUI more appealing than SEI for investors and traders seeking strong trade opportunities. Source: DefiLlama Despite SUI’s and SEI’s…

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Filed under: News - @ September 25, 2024 9:27 pm