I think the market has $SUI mispriced and undervalued for many reasons, but here's what the data say: > Solana has ~$4.9B TVL > Sui has ~$435M TVL @Solana has 10x more TVL vs. @SuiNetwork > Solana's market cap is $43.2B > Sui's market cap is $2.87B That's a 15x difference The one variable that most effects TVL and MC is the price of the chain's native asset > Most of TVL sits in Stables or native asset > Market cap is a directly tied to native asset price The chain's are also radically different in architecture and tenure Solana was founded in 2017 and their mainnet went live in 2020 before Sui was even around Sui was founded in 2021 by former Meta employees and the mainnet went live in May 2023 They're in different stages of their life cycle and growth phase--not a positive or negative thing, just a note The gap between TVL and MC will squeeze and shrink quickly when: > Sui's ecosystem ramps up more and liquidity flows > $SUI token price moves back towards $2 - $3 > Agentic finance chooses Sui for free stablecoin Txs I'm not saying one chain is better than the other. I trade on both and have assets on both I also think the community will rally around one culture project and one of the biggest reasons I remain very optimistic for the future of @lofitheyeti 🥶 Bottom's in soon DCA to win Believe
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