Sui’s 54% Developer Growth Rivals Solana, But SUI Price Lags
The post Sui’s 54% Developer Growth Rivals Solana, But SUI Price Lags appeared on BitcoinEthereumNews.com.
Sui’s developer growth hit 54%, defying a 20% contraction in the broader crypto market Sui’s yearly developer growth of 16.1% puts it in direct competition with top rival Solana The SUI token price is down 49% from its all-time high, creating a disconnect with developer growth The Sui blockchain is presenting a stark paradox to the crypto market: while its developer community is experiencing explosive growth that defies the industry’s downturn, its native SUI token has failed to capture similar momentum, struggling to regain its footing. This divergence between fundamental ecosystem health and market valuation tells two very different stories about the high-performance Layer 1 network. Developer Growth Defies a Shrinking Market Data highlights an impressive surge in developer activity on Sui. Over the past two years, the project’s developer community has expanded by 54%. This stands in sharp contrast to the broader crypto market, which saw its total number of active developers decline by 20% over the last year. Source: X Sam Blackshear, the co-founder and CTO of Mysten Labs, emphasized this trend, noting that virtually all major Ethereum Virtual Machine (EVM) based Layer 1 chains have seen negative developer growth in the same period. Related: Sui Blockchain Fast-Tracks Whitelist Function After Messy CETUS DEX Hack Sui highlights from EC mid-year dev stats refresh: – Sui is the 2nd fastest growing L1 dev community over the last year at 16.1% — just a hair behind Solana at 17.7%.– Sui is the fastest growing L1 dev community over the last two years at 54%– This goes against broader growth… https://t.co/0ybThX3dOW — Sam Blackshear (@b1ackd0g) July 2, 2025 Sui’s year-on-year growth of 16.1% places it in direct competition with top rival Solana, which grew at 17.7%. This ability to attract and retain builders in a bear market underscores the perceived strength…
Filed under: News - @ July 3, 2025 3:26 pm