Sui outshines Solana with $11.7M inflows – More upside likely?
- Sui institutional inflows hit $11.7M whereas SOL noticed $3.3M outflows.
- The altcoin noticed comparatively stronger community traction and will provide higher investor returns.
Sui [SUI]-based funding merchandise made a robust comeback final week, posting $11.7 million in inflows in comparison with $0.3 million within the prior week.
Apparently, final week’s institutional curiosity in SUI surpassed Solana [SOL], which noticed $3.3 outflows, per CoinShares’ weekly flows report.
Supply: CoinShares
Sui flips SOL
Sui and Solana have been shut rivals and sometimes flipping one another on the institutional flows entrance.
Nonetheless, SUI has remained pretty dominant on the worth efficiency entrance, particularly in late 2024 and within the current Q2 2025 restoration.
Supply: SUI/SOL ratio, TradingView
Between final November and mid-January 2025, Sui gained 177% towards SOL. It rallied 60% additional towards SOL within the current restoration. In reality, it shaped a bullish flag that might result in an additional 35% rally if validated.
In different phrases, Sui appeared extra primed for higher investor returns than SOL.
However do on-chain alerts assist such a Sui outperformance situation?
Although Solana was dominant in each day energetic addresses, TVL (complete worth locked), and DEX volumes, Sui registered a considerably larger uptick in traction on a year-to-date (YTD) foundation.
Based on Artemis data, Sui’s each day energetic addresses surged 137% to 1.5 million on a YTD foundation, whereas Solana’s customers declined 24% to three.8 million.
The DEX (decentralized alternate) quantity, which tracks speculative exercise inside the ecosystem, surged almost 140% whereas Solana posted solely an 8% uptick.
Supply: Artemis
Briefly, the altcoin’s community traction was additionally reflective of its worth outperformance. If the pattern continues, it may lead SOL once more on the worth entrance.
Based on crypto analyst Ali Martinez, the altcoin might prolong its restoration to its all-time excessive of $5.4. This advised a possible 34% bounce from the present $4 degree.
For his half, analyst Kaleo noted that the altcoin’s worth motion mirrored SOL’s pattern within the 2020-2021 cycle. In consequence, the altcoin might print a brand new ATH if the correlation stayed optimistic.
Supply: X
Maybe, one other potential catalyst was the current Phantom pockets integration with Sui. This is able to additional juice the speculative curiosity and enhance Sui’s DEX quantity and total worth.
Total, the altcoin has idiosyncratic catalysts to gasoline its advance to a brand new ATH above $5.4. Nonetheless, any unfavorable macro replace might stall the risk-on sentiment and the rally.
