Needle and Solana Ultcoin have emerged as top contenders in space, claiming their own unique strength. A close eye on his recent market trends suggest that the needle coin is improving the popular Solana in the case of income. In addition, the network has also obtained traction with high levels of $ 2.1 billion this week with its total value lock (TVL).
SUI record $ 2.1b tvl, solana in inflow, solana
In Sui vs. Solana Shodown, both blockchain continue to attract the trust of investors. As Difilama dataSui Blockchain has seen a large-scale growth, with its TVL to reach a new $ 2.1 billion all-time high. Allegedly, this boom is powered by integration with growing user activity, network trusts and platforms such as Navy.
In addition, the blockchain platform has also attracted attention with its significant institutional flows, making Solana better. With $ 84.07 million in YTD flow, the network crosses Solana. This year shows a change in institutional interest towards Hayer layer 1 blockchain.
The competition gets hot
Recent reports suggest that Solan’s dominance is threatened by several major factors. In particular, the network is facing increased competition from other platforms such as SUI.
In addition, other concerns such as limited decentralization and dependence on speculative trade have also put a shadow on their future prospects. Experts stated that layer 2 solutions such as base and neur layer 1 network, such as needle, their strong technical performance and increasing adoption are a increasing threat to Solna.
Also, America SEC’s recent decision to delay the decision on Solana ETFS Further is added to the ambiguity around the network.
Needle, Sol Price Serge: A Closure Look
Despite his alleged rivalry, both tokens perform a strong performance. As the press time, SUI is trading at $ 3.93, which is 0.8%below. Despite this marginal dip, tokens have seen a huge increase of 17% and 70% in the last week and month respectively. With a market cap of $ 13.14 billion, tokens are ranked 11th on Coinmarketcap.
Co -coating Needle price predictionThe token is determined for a rapid rebound to reach an impressive $ 5.03 in 2025.
Meanwhile, the Soul Price has seen a 3.5% increase in the previous day, an increase of 22.4% in the previous week and 36% in the previous month. Claiming a market cap of $ 93.83 billion, Solan is a firm at 5th.
Ninu V Jamal
Ninu V Jamal is an emotional crypto journalist with a three -year experience in Blockchain, Web 3 and Fintech regions. He has established himself as a knowledgeable and attractive voice in cryptocurrency and blockchain space. His experience as an assistant professor in English language and literature has added more in search of informative, well research and accessible material.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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