Solana
$216 has been on a major growth spree in the last year, especially during the recent bull run. The token is up 206.17% year-over-year, reaching its all-time high of $263.83 in November. However, several tokens are challenging SOL ($156.89)’s dominance among high-performance blockchains.
The most promising among these are Sui, XRP ($2.24), and a new TON ($1.90)-based DeFi token. These tokens are growing fast, and challenging Solana in several key metrics.
Sui Challenges Solana, Reaches ATH ($0.02)
First among the potential Solana challengers is the “Solana-killer” Sui. This high-performance blockchain, developed by former Meta employees, benefits from a strong infrastructure and a chain that’s friendly to both users and developers. These factors have been behind its recent growth.
In mid-December, Sui reached its all-time high of $4.93, after an impressive year. Year over year, Sui is up 671.98%, outperforming most major crypto assets in that period, including Solana. Now, the token is ranked in 16th place in terms of market cap, and its position will likely increase further.






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