Sui ‘The Next Solana’ Surges 20% In A Day, Trader Hails It As The One ‘If You Missed Bitcoin’
By Benzinga
Sui (CRYPTO: SUI) continues its meteoric rise, posting a 20% daily gain to add to its 112.9% monthly performance, being likened to Solana’s (CRYPTO: SOL) early days by traders.
What Happened: SUI’s total value locked is at record highs of $1.68 billion as of Dec.5, with the Layer-1 chain tipped to be one of the most promising projects in the cryptocurrency space,
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Sui (CRYPTO: SUI) | $4.23 | $12.4 billion | +18.4% | +22.7% |
| Solana (CRYPTO: SOL) | $238.95 | $113.6 billion | +5.1% | +1.4% |
| Polkadot (CRYPTO: DOT) | $11.07 | $16.9 billion | +5.3% | +36.3% |
Trader Notes: Crypto trader ShardiB2 highlighted Sui as a must-watch asset for those who missed Bitcoin’s recent moves, emphasizing their prior call before the current price spike.
Similarly, macro investor Raoul Pal described Sui’s price chart as a “stairway to heaven” in a recent post on X. Pal also shared a chart comparing Sui to Solana:
Trader Tnut called Sui a “clean trade,” while analyst Alex Clay predicted an easy breakout above $5, citing “a perfect upward retracement off the ascending trendline.”
Community News: Sui’s rally follows the announcement of Phantom Wallet’s integration with the Sui ecosystem.
With over 7 million monthly active users and more than 560 million on-chain transactions year-to-date, Phantom Wallet is poised to enhance Sui’s adoption.
The integration will enable seamless asset swaps, native bridging and a more accessible trading experience for users.
The Sui Network praised the partnership, describing it as a key milestone in its journey to becoming a high-performance blockchain.
Read Next:
Image: Shutterstock
